Best Home Warranty Companies Of December 2022

Table of Content

• Do Home Warranties Cover Roof Leaks?
• Liberty Home Guard
• Is a home warranty required?
• Are home warranties worth it for older homes?
• What To Look For When Buying a Home Warranty
• The Best Home Warranty Companies of December 2022
• BC Financial Services Authority (BCFSA) authorized home warranty insurance companies

Check your warranties to see what costs you and the builder must pay. Even if the company provides a hotline for urgent requests, put your request for repair in writing. You may want to send your letter by certified mail and request a return receipt. That way, you’ll have proof that the company got your letter and who signed for it. Keep a record of your correspondence and conversations with the company.

Consistently high consumer review ratings, a wide range of coverage plan options, competitive pricing and the freedom to choose your own contractor is what sets them above the rest. For the first year, the builder plan covers more items, as these plan cover windows, blinds, faucets, flooring defects, and other cosmetic repairs a service contract does not. American Home Shield bundles limited roof-leak protection into its ShieldPlatinum plan, and Select Home Warranty offers roof-leak coverage with all its plan tiers. You can compare the roof-leak coverage of the best home warranty providers in the table below.

Do Home Warranties Cover Roof Leaks?

With each of the plans from Select Home Warranty, you will also get free roof leak coverage for your new construction. You will not know if the home is going to have a dozen issues or no issues. Having the affordable Select Home Warranty in place is a really smart step you can take to keep your budget protected. Home warranties can be especially worth it for older homes because the household items are less likely to be protected by manufacturers’ or installation warranties.

Just remember that when you choose a high service fee, you’ll pay more for a technician’s visit. It’s typical for home warranty companies to offer at least a 30-day workmanship guarantee after they’ve completed a covered repair. This guarantee means your contractor will assess the issue and provide service without an additional service charge if the item breaks down again after the initial repair. Home warranties are worth it if you aren’t financially prepared for unpredictable repairs and replacements for your most-used appliances and home systems. When we surveyed 1,000 homeowners in 2021, we found that more than 74% of respondents had spent at least $400 on a home repair, and 27% of these homeowners spent more than $1,000 on a repair. Home warranties can help defray these expenses and give you peace of mind.

Liberty Home Guard

To share feedback or ask a question about this article, send a note to our Reviews Team Find in-depth reviews on the best home warranty companies for each state below. As a general rule, home warranties do not cover structural elements.

They work with over 10,000 vetted technicians and are proud to pay them on time, every time, to keep them happy and working hard for you. A 60-day workmanship warranty comes standard, and they’re available anywhere in the country outside of Wisconsin and Washington. Samantha covers all topics home-related including home improvement and repair. She previously edited home repair and design content at The Spruce and HomeAdvisor. You could be in breach of the warranty or result in an unsuccessful claim if you spot a defect and let it get worse and cause more damage.

Is a home warranty required?

You can raise or lower your monthly fees by choosing a service call fee that fits your budget. AHS allows customers to choose the service fee they want to pay—a higher service fee will result in a lower monthly premium and vice versa. A building or structural warranty is essentially an insurance policy for newly built homes.

Their lowest coverage tier protects only your kitchen appliances for just over $15 per month at the highest, $100, service fee level. Their highest level of coverage includes both your home systems and your appliances. When construction defects are found in a new home, homeowners can file a claim with their warranty provider. Warranty providers are responsible for working with builders to correct the defects. In some states, where the law does not require builders to provide consumers with a warranty, home buyers are on the hook the moment they close on the property. Regardless of the age of your home, home systems and appliances will break.

Are home warranties worth it for older homes?

Home warranties may be void if you make unauthorized repairs to a covered item. Unauthorized repairs can include contacting a contractor without prior approval from your home warranty provider or attempting the repairs yourself. If your home warranty expires, you will no longer be able to place service requests or access coverage, but you also won’t have to pay your regular monthly fees. Near the end of your home warranty policy, you should receive a notice that your policy is going to auto-renew.

Home warranties also don’t cover any item that’s protected by a manufacturer’s warranty, such as a Samsung warranty. Pay particular attention to the length of specific types of coverage. You’ve opened all your gifts, and now it’s time to open those post-holiday credit card statements. If you were a little too jolly with your holiday spending, here are some tips to help you pay down your credit card debt.

What To Look For When Buying a Home Warranty

2-10 Home Buyers Warranty earned 93 out of 100 available points in our rating system. Home warranty companies offer a range of plans and pricing, so go with whatever checks the majority of your coverage boxes while also fitting your budget. Gather quotes from multiple companies so you can determine the average cost for a home warranty that covers your prioritized items. If you’re not sure where to start, real estate agents are great resources to ask, or even friends and neighbors. Plan durations range from one to three years and are available in every state except Hawaii.

We recommend Liberty Home Guard due to its $2,000 coverage cap per covered item, extensive add-on selections, and its quality customer reputation. If LHG isn’t the perfect fit for you, First American Home Warranty is a top pick for added appliance protection if you have a long list of appliances you want included in coverage. AHS plans provide extensive coverage, and even its basic plan, ShieldSilver, covers your HVAC system. Its multiple service call fees allow you to customize your monthly premium to fit your budget. 2-10 Home Buyers Warranty makes customizing your home warranty plan affordable.