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Buying home appliance insurance provides peace of mind should a covered item suddenly need repair or replacement. Learn how purchasing can save you time and money on the items you use every day and where to find this protection. Our team researched and reviewed the best home warranty companies to give you a head-start
In This Article:
Today’s Homeowner works with an independent reviews team to create evidence-based research that helps our readers make informed decisions. The reviews are always independent. For transparency, we may be compensated if you purchase through a link.
What is Home Appliance Insurance?
Home appliance insurance can be another way to describe a home warranty plan. Though, a home warranty isn’t technically insurance, and it’s different from home insurance.
Home warranties are service contracts that cover repairs and replacements of various home appliances and home systems. These policies cover a range of household appliances and systems, such as air conditioning, heating, electrical, plumbing, dishwashers, refrigerators, washers, dryers and ductwork.
Most new appliances and systems include a warranty, which covers the product for material defects. A home warranty covers these products once they’re not covered under the manufacturer’s warranty and are prone to breakdowns from aging and regular wear and tear.
Compare this to home insurance, which is usually required by your mortgage lender. A home insurance policy covers damage from events like a fallen tree, hurricane, theft or vandalism.
Having home appliance insurance in addition to home insurance can provide several benefits, but there are downsides to consider.
| Pros | Cons |
| Homeowners will know exactly what they owe for their premium, deductible, and service call; no surprise costs or fees | Not every appliance or system can be covered |
| Homeowners won’t have to research reputable technicians ; warranty companies already have relationships with licensed and certified technicians | Appliances or systems that aren’t properly maintained aren’t covered and the term “properly maintained” can be subjective |
| Provides peace of mind |
If you think the pros outweigh the cons, we can help you shop for a home warranty provider. Below, we’ve reviewed three of our favorites and explain the coverage and cost for each.
Top Recommendation: American Home Shield
American Home Shield offers four plans: one for appliances, one for systems, one that covers both and one that you can “build” yourself. It’s a great way to keep your appliances protected, and it never hurts to get a price quote to see if it’s worth it for you.
To get a free quote, call 844-529-9298 or fill out this quick form.
| Plan | Covered Items |
| Appliance Plan™ | – Refrigerator – Range – Oven – Cooktop – Clothes washer – Clothes dryer – Built-in microwave – Trash compactor – Freestanding ice maker – Garage door opener – Built-in food centers |
| Systems Plan™ | – Air conditioning – Heating – Ductwork – Electrical – Doorbell – Smoke detector – Ceiling fan – Plumbing (including stoppages) – Water heater – Garbage disposal – Instant hot/cold water dispenser – Central vacuum |
| Combo Plan™ | All items under Appliance and Systems Plans |
| Build Your Own Plan™ | Choose 10 items |
| Optional Add-Ons | – Pool – Spa – Well pump – Septic pump – Guest units – Electronics extended warranty |
You can file a claim online or by calling the company directly. Upon approval, a service technician will visit your home or commercial property for servicing.
Warranty plans range from $49.99 per month to $59.99 per month. Service fees cost $75 to $125 per visit. If you choose to pay a higher fee for service calls, you will pay a lower monthly rate for your warranty plan.
| Pros | Cons |
| Flexible plans with build-your-own plan option | Requires 30 day waiting period before servicing starts |
| Sliding scale for service call costs | Coverage limitations for air conditioning systems |
| Discounts available for referrals, additional properties and retail products | No roof coverage |
To get a free quote from American Home Shield, call 844-529-9298 or fill out this quick form.
Best for Aging Homes: Choice Home Warranty
Homeowners with older homes and aged appliances or systems can benefit from having home appliance insurance coverage with Choice Home Warranty. This company offers two appliance insurance plans: the Basic Plan and the Total Plan. Optional coverage is available for a variety of indoor and outdoor appliances and systems.
To get a custom quote, call 848-256-4658 or submit this form online.
Below is a breakdown of the plan options and coverages:
| Plan | Covered Items |
| Basic Plan | – Heating – Electrical – Plumbing – Plumbing stoppage – Water heater – Whirlpool bathtub – Oven – Range – Stove – Cooktop – Dishwasher – Built-in microwave – Garbage disposal – Ductwork – Garage door opener – Ceiling and exhaust fan |
| Total Plan | – Everything in the Basic Plan, plus: – Air conditioning – Refrigerator – Clothes washer – Clothes dryer |
| Optional Add-Ons | – Pool or spa – Central vacuum – Second refrigerator – Stand-alone freezer – Well pump – Sump pump – Septic system – Septic tank plumbing – Limited roof leak |
Claims for appliances or systems needing servicing can be submitted online or by phone. The claims hotline is available 24/7. Once a claim is received and approved, Choice Home Warranty will immediately dispatch a licensed and insured technician to service your claim.
Warranty plans with Choice Home Warranty range between $300 and $600 per year, depending on the plan type, extent of coverage, and home size. Payments can be paid monthly or annually. Additional expenses include an $85 service fee per claim, regardless of the total cost of the repair or replacement.
| Pros | Cons |
| Two coverage plan options, plus add-ons | Service call costs add up over time |
| File a claim online or by phone anytime, even nights and weekends | Spending caps on certain categories are lower than other home warranty companies |
| Affordable prices | |
| Basic Plan includes both systems and appliances — you don’t have to choose |
To get a free quote from Choice Home Warranty, call 848-256-4658 or submit this form online.
Best for Value Shoppers: Select Home Warranty
Select Home Warranty is a good option for price-conscious consumers.
Get a free quote by calling 888-370-3956 or filling out this quick form.
The company has three home warranty coverage plans. Bronze Care covers systems while Gold Care covers appliances, but they are the same price. Platinum Care is the most popular plan and is a combination of the other two plans.
| Plan | Covered Items |
| Bronze Care | – Clothes washer – Clothes dryer – Garbage disposal – Refrigerator – Stove – Oven – Cooktop – Dishwasher – Built-in microwave |
| Gold Care | – Air conditioning – Heating – Plumbing – Electrical – Water heater – Ductwork |
| Platinum Care | Combines Bronze Care and Gold Care |
Plans range from $35 to $38 per month, and consumers who choose to be billed annually instead of monthly will receive two months coverage free.
If you need to use your home appliance warranty, claims can be made 24/7 by phone or online. Once the claim is received, you’ll pay a $75 service call fee, and Select Home Warranty will send a local licensed professional to your home to repair or replace your covered item.
| Pros | Cons |
| Budget-friendly pricing and discounts for paying up front | Requires 30 day waiting period before servicing starts |
| Option to choose appliances only or systems only | Must see sample contract for full list of add-ons |
| Covers all makes and models of appliances and systems | Doesn’t cover smaller items like doorbells (Smoke detectors are an add-on.) |
| No inspection required |
To get a quote from Select Home Warranty, call 888-370-3956 or fill out this online form.
Bottom Line
Home appliance insurance can provide homeowners peace of mind for everyday items that may need repair or replacement. It can be a good way to easily budget and save money on unexpected repair costs. When shopping for a home warranty, we recommend getting quotes from these top providers and any others. Compare the cost and the coverage so that you can get the best deal and service.
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