What Is a Home Warranty?

What Is a Home Warranty?

Home warranties provide homebuyers with protection for repairs or replacement of appliances and systems in their new home, often as an incentive to draw buyers in. It is wise to compare premiums, exclusions and caps before choosing your plan.

Consumer reviews and the websites of state attorneys general can be an excellent way to research home warranty providers. When shopping around for home warranties, select a provider with high customer satisfaction ratings and few complaints. An example can be seen here: https://www.cinchhomeservices.com/faq-library/-/faq/home-warranty-california


Home systems and appliances don’t last forever, so home warranties provide invaluable financial relief when repairs or replacement costs become overwhelming. Many providers provide standard coverage plans as well as upgraded coverage plans with various premiums from standard to upgraded coverage plans available; usually including service call fees that range between $75-125 in price per visit and annual limits on how much money will be paid out to service calls.

Home warranties typically provide coverage for an assortment of systems and appliances in the home, such as HVAC units, ductwork and electrical wiring/boxes. Home warranties also offer access to contractors for repairs if any arise. Some providers exclude preexisting conditions while waiting periods apply before covering new appliances/systems.

Home warranties can be an excellent investment for homeowners without the funds to cover expensive repairs themselves. A reputable home warranty company could save homeowners hundreds or even thousands in long run and provide peace of mind that their appliances and systems will be covered if something breaks.


Home warranties cost can depend on several factors, such as location, types and appliances covered and add-on protection options such as optional coverage for pools or septic tanks; for an additional fee. It is also essential to consider crime rate as well as weather patterns when making this decision.

Home Warranty Coverage: What It Is and How It Works - Bob Vila

Most providers price home warranties based on a monthly premium and service fee; the premium covers the purchase price for specific plans while service calls incur an additional service call fee. Although home warranties can be costly investments, their peace of mind make up for their price in terms of speeding transactions along without delays and unnecessary stress. Most buyers agree that home warranties can be valuable investments; it is however essential that each contract be carefully examined prior to signing it.


In general, the best home warranty companies have excellent reputations. Claims filing should be easy and customer service should be exceptional, while you may even be able to customize your plan as desired. Some also provide additional services like duct cleaning or mold testing not offered elsewhere – it’s essential that you read any fine print carefully when considering such plans!

However, some home warranty companies have earned themselves an unfavorable reputation. Some customers have reported being charged annual fees even though they had yet to use or file a claim; others report difficulty communicating with service providers.

No matter which home warranty company you decide on, always read reviews and research its history on the Better Business Bureau website before making your selection. Inquire with friends or neighbors as well. Furthermore, check for warnings or investigations from state authorities as this could indicate potential troublemakers. You can locate the ideal home warranty providers by taking into consideration their cost, plan options and cancellation terms – it will help narrow your choices down significantly!

Customer Service

Home warranty companies provide service contracts that cover repairs and replacements to appliances and systems in a home, often acting as an affordable safety net for new homeowners. Consumers should read all details in these contracts thoroughly to understand any fine print.

When an appliance or system breaks, contact your customer service number provided in your contract. Most companies provide 24/7 customer service lines while some provide online client portals where you can enter service requests. Certain providers limit which technician they allow you to choose while others let you select from a list provided.

Consumers are advised to do their research when shopping for home warranty companies, taking note of ratings on the Better Business Bureau website and online reviews as well as state availability and pricing structures of each potential provider. Comprehensive plans offer multiple coverage add-on options with generous annual coverage limits; consumers are strongly urged to compare home warranty companies before making their selection.