Plans and Pricing
Fidelity National Home Warranty offers a single standard plan with optional add-ons for homeowners, as displayed on their website. However, their brochures for real estate professionals outline four or five distinct plans, which must be purchased at the time of closing. In contrast, the homeowner standard plan can be purchased at any time by contacting the company directly.
For California real estate professionals, Fidelity provides five plan options: Standard, Standard Plus, Comprehensive Plus, Enhanced, and Enhanced Plus. The Standard and Standard Plus plans exclude air conditioning unless an upgrade is purchased. Each subsequent plan builds upon the previous one, offering expanded coverage for additional items and systems.
Fidelity National Home Warranty targets realtors and landlords with plans that cover multi-family units, a feature that is uncommon in the home warranty industry. Most competing providers limit coverage to single-family homes under 5,000 square feet. These plans are tailored to help real estate agents enhance their offerings, providing an added incentive for buyers. State-specific pricing for these plans is outlined in brochures available on the real estate professionals’ page.
Fidelity National Home Warranty provides state-specific brochures on their real estate professional page, which include pricing details. For example, a Standard plan for a single-family home costs $342 in California and $386 in Texas. However, for precise pricing tailored to your state and home, it’s best to contact the company directly.
The Standard plan is competitively priced compared to other home warranty providers, and optional add-ons allow users to customize their coverage to suit their needs. However, it’s worth noting that the Standard plan excludes air conditioning and refrigerators, which must be added as optional coverage. This omission slightly impacts the plan’s value, as competitors often include these core items in their basic plans. Despite this, Fidelity’s overall pricing remains reasonable and competitive.
Add-Ons
A standout feature of Fidelity National Home Warranty is its range of optional add-ons, particularly the comprehensive option, which expands coverage on systems and appliances included in existing plans. Notably, the comprehensive plan provides coverage for items typically excluded by other providers, such as filters, registers, grills, window units, and condenser housing for air conditioners or evaporative coolers.
It’s important to note that all optional add-ons must be purchased within 30 days of a property’s closing. Additionally, all covered systems must be in good working order at the time of purchase. This flexibility allows homeowners to enhance their coverage significantly while adhering to these conditions.
Exclusions and Limitations
Like most home warranty providers, Fidelity National Home Warranty plans come with exclusions. Anything not explicitly mentioned in the plan contract is not covered, making it crucial for homeowners to carefully review the terms. Fortunately, Fidelity’s brochures clearly outline what is included and excluded, although the list of exclusions is extensive.
Each plan also includes individual caps and limits that vary by system or appliance. For instance, ductwork is covered for up to $1,000, while water heater is only covered up to $1,500. These limits, along with exclusions, are detailed in the plan documents and should be reviewed thoroughly. Customers are responsible for any repair or replacement costs that exceed these limits or involve excluded items. Overall, Fidelity’s caps and limits are comparable to those offered by other home warranty companies.