Home warranty insurance is an essential service that protects homeowners from the cost of unexpected repairs or replacements of major appliances and systems in their homes. These include HVAC systems, plumbing, electrical, and kitchen appliances. While most home warranty insurance providers offer similar coverage, the cost and quality of their services can vary widely. Here, we’ll explore some of the cheapest home warranty insurance options available, so you can protect your home without breaking the bank.
What is Home Warranty Insurance?
Home warranty insurance is a service agreement between homeowners and a provider that covers the cost of repairing or replacing major appliances and systems in the home. It’s not the same as homeowners’ insurance, which covers the cost of damage from natural disasters, theft, and other unforeseen events. Home warranty insurance is designed to cover the cost of repairs due to normal wear and tear, and it can save homeowners thousands of dollars in repair costs over time.
What Does Home Warranty Insurance Cover?
Home warranty insurance typically covers major appliances and systems in the home, such as the HVAC system, plumbing, electrical, and kitchen appliances. Some providers also offer coverage for additional items like swimming pools, spas, and roof repairs. The specific coverage and cost of home warranty insurance can vary depending on the provider and the plan you choose.
Cheapest Home Warranty Insurance Providers
Here are some of the cheapest home warranty insurance providers available:
Choice Home Warranty
Choice Home Warranty offers a range of plans starting at just $36 per month. Their basic plan covers major appliances and systems, while their Total plan covers additional items like air conditioning and refrigerators. They also offer 24/7 customer service and a network of qualified technicians to help with repairs.
AFC Home Club
AFC Home Club offers plans starting at just $35.99 per month. Their plans cover major appliances and systems, and they offer unlimited service calls, 24/7 customer service, and a network of qualified technicians.
American Home Shield
American Home Shield has plans starting at $34.99 per month. Their plans cover major appliances and systems, and they offer 24/7 customer service and a network of qualified technicians. They also offer additional coverage for items like swimming pools and spas.
What to Consider When Choosing a Home Warranty Insurance Provider
When choosing a home warranty insurance provider, it’s important to consider several factors:
Make sure the provider covers the appliances and systems you need covered in your home.
Compare the cost of different providers and plans to find the one that fits your budget.
Look for providers with 24/7 customer service and a network of qualified technicians to help with repairs.
Read the contract terms carefully to understand what is covered and what is not covered, as well as any deductibles or fees.
Home warranty insurance is an essential service for homeowners who want to protect their homes from unexpected repair costs. While the cost and quality of home warranty insurance can vary widely, there are several affordable options available, including Choice Home Warranty, AFC Home Club, and American Home Shield. When choosing a provider, be sure to consider coverage, cost, customer service, and contract terms to find the best option for your needs.