Home warranties provide protection for your home systems and appliances. They can help you save a lot of money when one of your appliances or home systems starts malfunctioning. Different companies will offer different types of plans but most of them generally have a plan that covers appliances, a plan that covers home systems, and a plan that covers both home systems and appliances.

The more common protection that homeowners get is home insurance. With a home insurance policy, you get protection from natural disasters, fire, and such. But when it comes to the items inside the house, home insurance does not normally cover them. This is the part where a home warranty becomes useful. Sometimes, appliance malfunction is unexpected and you will need to shell out hundreds of dollars for repair and replacement. With a home warranty plan, you can save yourself from the financial burden of getting a brand new appliance.

Of course, you’ll find yourself asking which companies offer the best warranty plans for home appliances. Here we’ve listed some of the top companies offering the best warranty plans for appliances.

• Customize your warranty plan
• Offers the first month free
• Claims support hotline available 24/7
• Quick and efficient local service contractors

• Offer 2 months for free
• Affordable prices
• Best service quality

A lot of homeowners confuse that home insurance and home warranty are the same things. We can’t really blame them since the two sound things sound so similar. Although many people don’t know the difference between the two, it’s actually pretty simple. A home insurance policy will cover damages to a house caused by a natural disaster or fire as well as help replace items if you become a victim of a home robbery. Meanwhile, a home warranty policy will cover damages to home systems and appliances such as heating, air conditioning, and refrigerator. When your oven or cooktop suddenly stops working, a home warranty policy should have you covered.

In essence, you pay a monthly or annual fee and if an appliance or system breaks down, you pay a service call fee so that the company can send a professional technician to handle the repair service. You can think of a home warranty as an extension of the manufacturer’s warranty for an appliance or home system. Although no one wants to deal with the hassle of a broken air conditioning or refrigerator, some things just come unexpectedly. Having a home warranty policy will help you cover the costs of an unexpected repair or replacement.

Although plans can vary for every provider, home warranty plans generally cover common appliances such as oven, refrigerator, washer, dryer, and dishwasher. Warranty providers can also have a list of optional items that you can to any of their fixed plans.

However, home warranty providers normally include a list of stipulations when it comes to their coverage. Many warranty providers will not include an appliance that has previously undergone repair as well as appliance items that are kept outside such as the garage. Appliances that are designed for commercial use such as industrial freezers and heavy-duty cooktops are often excluded from the list of items covered by a home warranty. Take note of these things when you are looking for a home warranty plan.

Just like a health insurance plan, home warranty plans may also exclude items with a “pre-existing condition.” This refers to any item that has broken down prior to getting the warranty plan. And just to make things clear, a home warranty plan is not an insurance plan. It will not cover damages sustained from fire or replace missing items from a robbery.

Okay. I hear what you’re saying. But is it a good idea to get a home warranty plan?

If you sign up with a trusted and reliable warranty provider rated highly for their quality of service, then there is a high chance that you can save a ton of money.

First, you need to determine how much money you paid for an appliance. With the value of the appliance, you can then evaluate whether it makes sense to pay for a home warranty plan. A home warranty plan can cost you $300 up to $600 a year depending on the type of coverage. You also have to consider the service call fee you need to pay every time a professional technician comes over to your house.

Research the warranty providers that you are considering. Check out their list of warranty plans and the items that they cover. If you are more concerned about your heating system and the warranty plan does not include it in their coverage, then it’s not going to be a good investment for you. Next, visit consumer reporting sites to find out more about their reputation. If the customers have high praises for their services, then that company might be worth considering. Although $300 doesn’t sound like a lot of money, it can add up especially if you sign up for the warranty plan for the next 5 years or so.

Okay. So one of your appliances has finally malfunctioned or broken down just like the manufacturing company planned. The first thing to do is to check if you can fix the damage by yourself. If you have no knowledge about machines whatsoever, then take a step back and don’t touch anything. If you can’t fix it alone, get ready to call your warranty provider or file a claim online.

If they have an online portal for submitting claims, go to their website and fill out the form. If not, call the customer support hotline. Give the agent taking your call a thorough description of the problem you encountered. They might ask you about the make and model of your appliance so it’s best to have that information at hand. If the company accepts the service request, you will need to schedule the best time and day for the repairman to visit. Make sure that you are present on the day of the service repair since you also need to pay the technician the service call fee.

Pros

• Support hotline available 24/7
• High ratings for customer service satisfaction
• No required home inspections before sign up

Cons

• Only one plan covers refrigerator, washer, and dryer
• Does not cover items with a preexisting condition

Choice Home Warranty provides coverage for home appliances but will not burn a hole in your pocket. Their basic plan will only cost you $33 a month while the total plan is just $40 a month. Although the warranty plans do not include commercial-grade items, their basic plan provides a wide range of coverage and includes many home appliances. You can easily upgrade and customize your plan by adding coverage for the refrigerator, washer, dryer, and air conditioner. Choice Home Warranty’s customer service hotline is available 24/7 to respond to service claims.
You can visit their website at choicehomewarranty.com for more information

Pros

• Customer support center available 24/7
• Offer 2 months for free
• Guarantee faster service with work order dispatch system
• Online chat function for customer support

Cons

• Does not cover items repaired previously
• The company may limit the first three months of coverage

We all know that different households have different needs. And the coverage you want might not exactly fit with a template coverage offered by many companies. Select Home Warranty gives you three different options for three different tiers of service. They have Bronze, Gold, and Platinum coverage.

The bronze plan includes coverage for common home systems and appliances. The gold plan will give you more coverage since it includes water heater, heating system, plumbing, and more items that are not covered by the bronze plan. The most expensive platinum plan only has a garage door opener, ceiling fans, and plumbing stoppage as its exclusive items so homeowners might not find the high price worth investing in.

The terms and conditions for their warranty coverage are laid out clearly on the website. If you any help or want to submit a claim you can get in touch with their customer support team via phone or their online form available 24/7.