Home > Home Warranty > The 5 Best Home Appliance Insurance Companies (2022)

The 5 Best Home Appliance Insurance Companies (2022)

Updated Oct 31, 2022

Updated Oct 31, 2022

Home > Home Warranty > The 5 Best Home Appliance Insurance Companies (2022)

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A home appliance warranty – sometimes called home appliance insurance – is an annual contract covering expensive repair and replacement costs for your home’s major appliances and systems. A home appliance warranty takes the stress out of appliance maintenance by covering unexpected breakdowns. Our top appliance insurance companies offer each of the following perks:

  • Affordable and comprehensive appliance coverage for as low as $29.97/month
  • Have high annual coverage limits, reaching up to $6,000 per contract term
  • Cover all the essential appliances: washer/dryer, stove, oven, refrigerator, dishwasher, and more

Our experts reviewed 60+ home warranty companies based on over 40 key factors to rank the best home appliance insurance companies.

Finding a solid home warranty provider will help you prepare for unexpected and expensive appliance repair needs. This coverage can be a lifesaver – especially if you don’t have an emergency budget prepared for unexpected home repairs. With an appliance warranty plan, you’ll have peace of mind knowing you’ll receive prompt, professional service when something breaks down.

Read on to learn more about home appliance warranties and how they can help you save big.

Top 5 Best Home Appliance Insurance Companies of 2022

  1. Choice Home WarrantyBest Appliance Coverage
  2. Select Home WarrantyMost Affordable
  3. American Home ShieldMost Customizable
  4. The Home Service ClubQuickest Coverage
  5. Liberty Home GuardMost Trustworthy
Superlative
Star Rating
Monthly Cost
Service Fee
Response Time
Payout Limit (per item)
States Not Covered
Best Overall
$46–$55
$85
24-48 hrs.
$3,000
WA
Most Cost-Effective
$52–$58
$60
24-48 hrs.
$250-$3,000
WA,NV,WY,NM
Most Customizable
$35–$75
$75–$125
24-72 hrs.
$6,000
AK
Quickest Service
$50-$63
$60-$90
12-48 hrs.
$500-$2,000
Most Trustworthy
$70-$80
$75
12-48 hrs.
$500-$2,000
WA,WI

Why Trust House Method

  • 63 companies reviewed
  • 41 key factors analyzed
  • 2,583 data points parsed
  • 885 homeowners surveyed
  • 57 service contracts scrutinized

House Method’s Experts collected and analyzed 2000+ critical data points to identify what makes a great home warranty company in the eye of the consumer. Our reviews team used this data to assess over 60 home warranty providers for coverage extent, annual cost, and national availability to provide unbiased reviews so homeowners can confidently navigate key decisions about their homes.

1. Choice Home Warranty

  • Monthly premium: $45-$53.33
  • Availability: 49 states (excludes WA)
  • Our take: Our Top Choice

According to our methodology, Choice Home Warranty (CHW) was rated 4.9/5 stars and the “our top choice” home warranty company. CHW ranked as our #1 provider for appliance insurance because of its depth of premium protection for under $55 a month, its 24/7 customer service team, and generous coverage caps on the home’s most important appliances.

Choice Home Warranty is a seasoned home warranty provider with over 13 years of experience in the home services industry. It offers comprehensive coverage at competitive pricing with two plans and plenty of optional add-ons. The Basic Plan and the Total Home Plan have ample coverage on appliances, including a dishwasher, oven, microwave, toilet, garbage disposal, dryer, washer, refrigerator, and more, for under $58 per month. As a bonus, Choice Home Warranty’s plans also cover the major home systems. Choice Home Warranty has a reputation for having excellent customer support, simple claims processes, and unbeatable coverage.

Best Overall
Choice Home Warranty
  • 2 plans available + optional add-ons
  • Has over 11 years of industry experience
  • 90-day repair guarantee
  • $46–$55 per month with $85 service fee

Choice Home Warranty’s Pros and Cons

Pros

  • Two comprehensive warranty options with over 18 items covered
  • Robust network of experienced technicians
  • High coverage cap of $3,000 per term on home appliances
  • Free cancellation within the first 30 days

Cons

  • No allowance for custom-built plans
  • Washer and dryer not included in most basic plan option

Plans & Pricing

Choice Home Warranty offers the Basic Plan and the Total Plan. The Basic Plan covers 14 essential home appliances and systems, and the more comprehensive Total Plan covers those 14 major appliances and systems plus four additional important ones. Both plans have an $85 service fee and run under $55 per month. Although this service call fee may seem high, the lower premiums combine with broad coverage to justify the price.

Choice Home Warranty’s plan options:

  • The Basic Plan: This plan covers 13 systems and appliances, including microwave, ceiling fans, plumbing system, cooktop exhaust fans, heating system, dishwasher, garage door opener, ductwork, electrical system, oven, toilet, water heater, and garbage disposal.
  • The Total Plan: This plan covers all 13 appliances and systems included in the basic plan and covers four more items: air conditioning, washer, dryer, and refrigerator.
  • Add-ons: Septic tank and system, spa, sump pump, central vacuum, well pump, pool, roof leak, and stand-alone freezer.
PlanCost Per MonthCost Per YearService Fee
Basic Plan$45$560$85
Total Plan$53.33$660$85

CHW Appliance Insurance

CHW’s plans cover the home’s major appliances, including the washing machine, dryer, refrigerator, cooktop, oven, and built-in microwave. The Total Home Plan is better for home appliance coverage because it includes three more appliances added to the Basic Plan coverage items. Choice also has some generous annual coverage limits up to $3,000 on all included appliances.

To get a free quote from Choice Home Warranty, fill out this online form or call 929-400-6164.

For more information, read our Choice Home Warranty Review.

2. Select Home Warranty

  • Monthly premium: $57-$62.08
  • Availability: 46 states (excludes NM, NV, WA, WY)
  • Our take: Most Affordable

Our experts rated Select Home Warranty 4.8/5 stars as the “most affordable” home warranty option because of its broad coverage of over eight home appliances for an affordable monthly cost. Select charges the lowest service fee of all the top-recommended providers, making comprehensive home warranty coverage affordable for homeowners on a budget.

Select Home Warranty has over nine years of experience in the home warranty industry and has landed a B rating with the Better Business Bureau (BBB.) Select Home Warranty offers its customers three plans: a definitive plan for appliances, a systems-only policy, and a combo plan. Select’s low monthly premiums combined with an industry-low service fee land Select Home Warranty among America’s most inexpensive home warranties. In terms of affordability, the Bronze Care appliance-only plan is one of the cheapest on the market and protects eight of your home’s major appliances.

Most Cost-Effective
Select Home Warranty
  • 3 plans ranging from $52-$58 per month + optional add-ons
  • Provides free roof leak coverage
  • Covers rental properties, mobile homes, manufactured homes, single-family homes, and condos
  • Affordable service fee of $60

Select Home Warranty’s Pros and Cons

Pros

  • Appliance-only plan with coverage on eight items
  • Coverage of all modules, components, and parts necessary to the function of appliances
  • Repair or replacement allowance of up to $500 per item
  • Service fee well below the industry standard

Cons

  • Comparatively lower annual coverage limits on systems
  • Lack of coverage in four states

Plans & Pricing

Select Home Warranty’s three plans are the Bronze Care plan, the Gold Care Plan, and the Platinum Care plan. The Bronze Care plan covers your major home appliances, and the Gold Plan covers home systems. Still, the Platinum Care plan is a comprehensive warranty covering home appliances and major home systems, plus three more items.

The Bronze Care plan is an excellent option for just appliance coverage because it covers seven appliances for under $58 per month. Select Home Warranty also offers optional coverage on other items for an additional fee. The service fee of $60 is significantly lower than other providers offer.

Select Home Warranty’s plan options:

  • Bronze Care: This plan covers seven significant appliances, including a dishwasher, microwave, garbage disposal, oven, refrigerator, clothes dryer, and clothes washer.
  • Gold Care: This plan covers six essential systems of the home such as air conditioning, electrical, heating, ductwork, water heater, and plumbing.
  • Platinum Care: This plan offers combo coverage. It includes all 13 items from the other two plans, plus ceiling fans, garage door opener, and plumbing stoppages.
  • Add-ons: Sprinkler, pool, spa, septic, stand-alone freezer, central vacuum, well pump, sump pump, rook leaks, second refrigerator.
PlanCost Per MonthCost Per YearService Fee
Bronze Care Plan$57$580$60
Gold Care Plan$57$580$60
Platinum Care Plan$63$650$60

Select Appliance Insurance

The appliance plan, Bronze Care, comes with excellent appliance coverage. This plan covers all essential kitchen and laundry appliances, and each entity has a coverage cap of $500. Combined, you could save up to $3,500 on all your appliances in this plan. If you want to get more comprehensive coverage, the Platinum Plan is a fantastic option because it will also include systems. Either option will give you the home insurance for appliances you’re looking for at a low cost.

To get a free quote from Select Home Warranty, fill out this online form or call 888-370-3953.

Read our Select Home Warranty review to learn more.

3. American Home Shield

  • Monthly premium: $29.27-$74.27
  • Availability: 49 states (excludes AK)
  • Our take: Most Customizable

According to our home warranty rating methodology, American Home Shield earned 4.7/5 stars and the title of “most customizable” home warranty option. AHS allows its policyholders to choose their service fee of $75 to $125, adjusting the monthly premium amount depending on the customer’s choice. This feature ensures any homeowner can fit a home warranty into their budget without added stress.

American Home Shield (AHS) is a veteran in the home warranty industry with over 50 years of experience as a home warranty provider. AHS offers three plans to provide complete home appliances and systems coverage and optional add-on items. ShieldGold and ShieldPlatinum offer coverage on laundry and kitchen appliances with annual limits of up to $3,000 on some items. With the ShieldPlatinum plan, your appliances are protected for up to $6,000 and have coverage that expands beyond normal wear and tear to cover maintenance negligence.

Most Customizable
American Home Shield
  • 3 plans + add-ons and the option to build your own plan
  • Customers can choose the service fee they want to pay
  • Provides generous coverage caps
  • $35–$75 per month

American Home Shield’s Pros and Cons

Pros

  • Over 50 years of experience in the home warranty industry
  • Up to $6,000 in appliance coverage with the ShieldPlatinum plan
  • All three plan options cover appliances
  • Offers “Shield Assurances,” which cover older items, unknown conditions, and improper installations

Cons

  • Comparatively higher monthly premiums than other companies
  • Only six add-ons available to add to a home warranty plan
  • Coverage unavailable in Alaska

Plans & Pricing

AHS offers three different options for home warranty plans: ShieldSilver, which covers cooling and heating systems, electrical systems, and plumbing systems; ShieldGold, which includes the systems in ShieldSilver plus major kitchen and laundry appliances; and ShieldPlatinum, which covers all of ShieldSilver and ShieldGold plus roof leak repairs, a free annual HVAC tuneup, and higher coverage caps. ShieldPlatinum is the most popular plan because it offers comprehensive coverage for $44.99 per month. AHS’s three service call fees are $75, $100, and $125. Your monthly premium will change depending on the service fee you choose.

AHS plan options:

  • ShieldSilver: This systems plan covers 19 items, including an AC unit, whole house fan, water heater, water dispenser, toilet, plumbing, plumbing stoppages, smoke alarm, attic fan, heating, locksmith, ceiling fans, bath exhaust, electrical, garage door opener, ductwork, doorbell, cooktop exhaust, and garbage disposal.
  • ShieldGold: This plan covers 23 appliances and systems, including an air conditioner, clothes dryer, ceiling fans, clothes washer, whole house fan, bath exhaust, garage door opener, toilet, water heater, microwave, plumbing, plumbing stoppages, heating, smoke alarm, oven, attic fan, refrigerator, trash compactor, electrical, ductwork, doorbell, cooktop exhaust, and dishwasher.
  • ShieldPlatinum: This plan covers all of the systems and appliances in ShieldGold and ShieldSilver to cover 27 systems and appliances. It features coverage on the 23 items in ShieldGold plus locksmith, roof leaks, garbage disposal, and water dispenser
  • Add-ons: Pool, spa, electronics, septic, well pump, guest unit
PlanCost Per MonthCost Per YearService Fee
ShieldSilver$34.99-$49.99$419.88-599.88$75-$125
ShieldGold$44.99-$59.99$539.88-$719.88$75-$125
ShieldPlatinum$59.99-$74.99$719.88-$899.88$75-$125

AHS Appliance Insurance

Homeowners who want just appliance coverage can go with ShieldGold or ShieldPlatinum. Each plan offers the same appliance coverage, but ShieldPlatinum provides additional systems and roof leak coverage. Based on the $100 service fee, ShieldPlatinum would cost around $20 more per month than ShieldGold. If you need coverage on those additional items, upgrading your plan is worth it.

American Home Shield offers high annual appliance coverage limits, capping at $3,000 per item. This coverage is excellent for home appliances, especially considering the number of things protected under a single plan.

To get a free quote from American Home Shield, fill out this online form or call 888-365-2839.

To read more, visit our American Home Shield review.

4. The Home Service Club

  • Monthly premium: $50-$62.90
  • Availability: All 50 states
  • Our take: Quickest Service

Our experts rated The Home Service Club (HSC) 4.6/5 stars and dubbed it the home warranty company with the “quickest coverage.” The company only requires a 10-day waiting period before a policy starts, whereas most of its competitors require a 30-day wait. The provider also doesn’t require a home inspection before getting protection, allowing you to access your coverage sooner.

HSC offers protection plans with coverage on eight home appliances, including more unique ones like freestanding ice makers and trash compactors. A total of 47 systems and appliances are available for protection with the premium plan inclusions and add-on coverages. HSC also has flexible pricing, allowing policyholders to select their service fee of $60 to $95.

Quickest Service
The Home Service Club
  • Offers 2 plans + optional add-ons for over 10 items
  • Covers items regardless of their age, make, or model
  • Provides high coverage caps on essential systems and appliances
  • Has real estate home warranty plans

The Home Service Club’s Pros and Cons

Pros

  • No home inspection is required before the policy begins
  • No home inspection is required before the policy begins
  • Covers all components and parts of several types of washers and dryers
  • Utility and Home Service Line offered as an add-on

Cons

  • Not accredited by the BBB
  • No option for an appliance-only home warranty plan

Plans & Pricing

HSC has two plan options: The Standard Coverage Plan and the Comprehensive Coverage Plan. Standard Coverage is considered the basic plan option, but it’s anything but basic. It comes with coverage on 18 appliances and systems. Comprehensive Coverage is even broader and covers 27 total major systems and appliances. The Home Service Club has a few service fee options from $65 to $95.

HSC’s plan options:

  • Standard Coverage: This plan features coverage on an air conditioner, water heater, ceiling fan, washer, dishwasher, central vacuum, dryer, garbage disposal, trash compactor, electrical system, refrigerator, food center, plumbing, freestanding ice maker, heating, garage door opener, oven, and microwave.
  • Comprehensive Coverage: This plan covers all 18 items in the Standard plan plus nine more, including whole house fan, water dispenser, sump pump, plumbing stoppages, toilet, alarm wiring, doorbell, attic fans, ductwork, phone, and pest control.
  • Add-ons: Stand-alone freezer, pump, well pump, roof leaks, water softener, spa, and pool. Utilities and Home Service Line Coverage (gas line, water line, sewer line, sprinkler system).
PlanCost Per MonthCost Per YearService Fee
Standard Coverage$50.40$649.95$65-$95
Comprehensive Coverage$62.90$799.95$65-$95

HSC Appliance Insurance

The Standard Coverage plan from HSC covers most of the essential appliances in the home. However, the Comprehensive Coverage Plan would be the best option if you’re looking for a few extra coverages, such as pest control, phone, or smoke alarms. The appliances covered by HSC come with annual coverage limits of $400-$800 per contract term. This is fair considering the lower-priced premiums. If you want coverage on some extra appliances like a stand-alone freezer or water softener, you can add them to your plan for an additional cost.

Fill out this online form to get a free quote from The Home Service Club.

Read more at our The Home Service Club Review.

5. Liberty Home Guard

  • Monthly premium: $69.99-$79.99
  • Availability: 48 states (excludes WA and WI)
  • Our take: Most Trustworthy

Liberty Home Guard (LHG) was awarded 4.5/5 stars and named the “most trustworthy” home warranty company because of its outstanding online reviews that reflect its commitment to homeowners. Trustpilot states LHG is an “excellent” company with strong, positive reviews. Customers love that Liberty has quick response times and low claim denial rates, proving this company commits to its customers.

Liberty Home Guard offers a comprehensive and dedicated plan, Appliance Guard, that covers nine of the home’s primary appliances. Although LHG plans may come at a slightly higher price point, the depth and breadth of coverage easily justify the cost. This company has been on the market for less than four years, but in that time, it has earned several thousand positive reviews and an A rating from the BBB, supporting its reputation as a top-trusted provider.

Most Trustworthy
Liberty Home Guard
  • 3 plans ranging $65-$125 with 25+ optional add-ons
  • Has a 60-day workmanship guarantee on all repairs
  • Customer service available 24 hours a day, seven days a week
  • BBB’s only A+ accredited home warranty provider

Liberty Home Guard’s Pros and Cons

Pros

  • Offers exclusive discounts to policyholders on name-brand appliances
  • No maintenance records or home inspection is required to purchase a policy plan
  • Over 20 optional add-ons available for coverage
  • Offers a 60-day workmanship guarantee

Cons

  • Higher monthly premium at up to $80 per month
  • Not available in Washington, Wyoming, or Wisconsin

Plans & Pricing

Liberty Home Guard has three plan options: Appliance Guard, Systems Guard, and Total Home Guard. Appliance Guard covers 11 appliances, Systems Guard covers nine systems, and Total Home Guard combines the two plans to cover 20 major home appliances and systems. The pricing of these plans runs a bit higher than home warranty policies typically offered by other providers. Liberty Home Guard has a more affordable service fee of $75 per visit.

Liberty’s plan options:

  • Appliance Guard: This plan covers 11 appliances, including ceiling fans, cooktop exhaust fans, garbage disposal, dishwasher, dryer, garage door, microwave, oven, refrigerator, refrigerator ice maker, and washer.
  • Systems Guard: This plan features coverage on nine systems which are AC, bath exhaust fans, ductwork, electrical, heating system, plumbing, plumbing stoppages, toilet, and water heater.
  • Total Home Guard: This plan combines Appliance Guard and Systems Guard to cover all 20 appliances and systems. It only costs $5 more than Systems Guard, so it’s the best value plan from LHG.
  • Add-ons: Pool, saltwater pool, spa, TV, PC, pump, generator, freestanding ice maker, septic tank pumping, roof leaks, pest control, water softener, well pump, wine refrigerator, septic system, lawn sprinkler, locksmith, trash compactor, sump pump, central vacuum, stand-alone freezer, water dispenser.
PlanCost Per MonthCost Per YearService Fee
Appliance Guard$49.99$499$75
Systems Guard$54.99$549$75
Total Home Guard$59.99$599$75

*Prices reflect the discount for House Method readers and a home under 5,000 sq. ft.

Liberty Home Guard Appliance Insurance

Appliance Guard offers excellent home appliance insurance. With 11 appliances covered for under $50 per month, Liberty is one of the best appliance warranty companies on the market. However, if you want more comprehensive coverage, the Total Home Guard is an equally good policy for appliance insurance. You can also add several appliance add-ons to make either plan broader. All the appliances included come with an annual limit of up to $1,600. With the Appliance Guard plan, you could get coverage up to $17,600 per year.

To get a free quote from Liberty Home Guard, fill out this online form or call 866-451-2281.

Read more at our Liberty Home Guard Review.

What is Insurance for Appliances?

Appliance insurance, or a “home warranty,” is a service contract agreement covering the costs to repair or replace your appliances when they inevitably break down. When a refrigerator, washer, or oven has a breakdown, repair or replacement costs range from several hundred to a couple of thousand dollars. With a home warranty in place, you’ll only have to pay a service fee when a major appliance has a breakdown. Home appliance insurance can save you money and offer you peace of mind that you won’t have to pull from your savings to cover home maintenance.

What Does Home Appliance Insurance Cover?

Here are some common major appliances that are covered under home appliance insurance:

ApplianceAverage LifespanCost to RepairCost to ReplacePotential Savings
Furnace16–25 years$285$4,249$1,500
Air conditioner15–20 years$347$5,413$1,500
Water heater8–12 years$546$1,065$1,037
Refrigerator14 years$310$1,925$1,306
Range14–19 years$150$1,675$1,607
Built-in microwave8 years$125$408$1,485
Dishwasher12 years$150$1,000$1,683
Clothes washer12 years$310$1,250$1,466
Dryer13–14 years$250$1,075$1,466
Garage door opener10-15 years$221$510$1,485
Garbage disposal10 years$196$456$1,037
Cooktop13-15 years$220$770$1,607

Home warranty providers typically offer warranty policies covering home systems and major home appliances. The protected systems are air conditioning, heating, ductwork, plumbing, and electrical. Most home warranty companies have three levels of coverage options – a basic appliances plan that covers appliances and major systems, a combo plan that includes additional coverage like a Whirlpool bathtub or a clothes washer and dryer, and optional add-on coverage for special features like a pool, spa, or guest house.

What Home Appliance Insurance Does Not Cover

As seen in the table above, most home warranty policies will set limits on repairs and replacements at a specific dollar amount. For example, your home warranty company may pay for a refrigerator replacement up to $1,306, leaving you to pay for the remaining $620.

Home warranty policies typically have a set of exclusions outlined in the service contract. Before purchasing home appliance insurance, schedule a home inspection and have your house evaluated by a real estate agent to ensure that your systems and appliances are functioning and in good working condition. You’ll also want to read your contract’s terms and conditions and make sure you know how much your warranty company will pay for covered services.

Regardless of what home appliance plan you choose, plans typically don’t cover:

  • Appliances with an active manufacturer warranty
  • Pre-existing conditions
  • Pest damage
  • Negligence
  • Misuse
  • Inadequate maintenance
  • Cosmetic damages
  • Improper installation

How Much Does Appliance Insurance Cost?

Appliance insurance will cost $25 and $67 per month, or $300-$650 per year for a basic appliance coverage plan. You can expect to pay upwards of $50-$75 per month for more comprehensive plans. In addition to this monthly premium, you’ll likely pay a trade service call fee, or deductible, that ranges between $75-$125 whenever you contact the home warranty company for a home service.

The overall cost of your home appliance insurance will vary by state, the company you purchase coverage from, and the level of coverage you are buying.

Note: The size and age of your home, appliances, and systems should not affect coverage or costs unless you live in a brand-new home or one larger than 5,000 square feet.

Compare Home Warranty Prices and Appliance Repair Costs

Watch this video for more information on how much appliances cost to repair. Many kitchen and laundry appliances can cost upwards of $2,000 for a replacement, but a home warranty policy can save you money by only requiring the service fee for the repair. You may see the full return on a cost of a home warranty policy in as little as one repair or replacement.

How to Find the Best Appliance Insurance Companies

Before buying insurance for appliances in your home, there are various factors to consider, such as home warranty coverage, pricing, customer service, and more. Here are a few factors to consider when searching for a home protection plan:

Type of Coverage

Think about whether you want to cover just systems, appliances, or a combination of both. A home appliance insurance company will likely provide appliance-only, systems-only, and combination plans to meet your coverage needs. Some home warranty providers consider a few appliances to be add-ons and will require an extra fee for it to be a part of your home warranty plan. Remember what items are most important to you when looking through the coverages.

Coverage Limits

Your home warranty provider will likely have coverage limits, or coverage caps, on certain appliances and systems in your home warranty contract. Once you reach this limit, you’ll be responsible for paying the remaining costs for either a repair or replacement. Coverage limits for appliances range anywhere from $400 to $3,000. The price ceiling usually depends on how much you’re paying monthly and how many items the coverage includes.

Pricing

The cost of monthly premiums and service call fees will vary by provider. We recommend Select Home Warranty for its affordable premiums and service fee if you’re on more budget. However, American Home Shield may be a good option if you want more comprehensive coverage and have a little more room in your budget. Typically, monthly premiums range from $35 to $55 for a plan that only covers either appliances or systems. Comprehensive combo plans typically run from $50 to $70 per month.

Claims Process

Most home warranty providers will approve claims within 24-48 hours of receiving one. Though this is pretty standard, not all companies follow this time frame, and some will wait as long as four days to send a technician out to your home. Most companies have an online claims portal to help make the process easier. This platform usually allows you to track the status of your claim, future appointments, assigned contractors, payment information, and more.

Compare Home Appliance Insurance Companies

Before buying a policy from one of the best appliance warranty companies, you should compare different home warranty companies and ensure that you’re comfortable with the one you select. To save you time, House Method’s experts researched for you. We called some of the best home warranty companies, asked them the tough questions, and negotiated prices to determine how low they would go.

ProviderOur TakeMonthly CostService FeeYears in BusinessBBB Rating
Choice Home WarrantyOur Top Choice$45-$55$8513N/A
Select Home WarrantyMost Affordable$57-$63$609B
American Home ShieldCustomizable Plans$30-$75$75-12550B
The Home Service ClubQuickest Coverage$50-$63$65-$9513N/A
Liberty Home GuardMost Trustworthy$70-$80$754A

How Does Home Appliance Insurance Work?

1. A Covered Appliance Breaks Down

Sometimes appliances and systems in your home stop working without warning. You’ll want a fix as quickly as possible, and with a home warranty in place, you’ll be able to get help right away.

2. You File a Claim

Call your home warranty company’s customer service line or file a claim online. Some companies may not accept claims if the appliance or system isn’t covered by your home warranty plan or was subject to code violations, improper installation, or unusual wear and tear.

3. The Provider Sends a Contractor

Once a home warranty representative approves your service request, the company will hire a local contractor to assess and diagnose your repair needs.

The service technician will call you to schedule a time to either repair or replace your broken system or appliance. This process usually takes around 24-48 hours.

4. You Pay the Service Fee

You’ll only have to pay a small service fee to the contractor when they arrive at your home. Before purchasing a home warranty plan, ask your provider if they’ll charge service fees for every repeat visit or if repairs have workmanship guarantees for a window of time – usually 30 to 90 days. Every home warranty provider requires service fees in the U.S. It’s often much less than what you would pay out of pocket for the cost.

5. The Technician Repairs Your Appliance

Once you’ve scheduled an appointment, the service provider will visit to diagnose the problem and determine next steps. If a repair is necessary, the technician will typically fix it during the first visit. If a replacement is necessary, you’ll likely have to schedule another appointment for the technician to come back and reinstall the appliance or system.

Note: Most home warranty companies aim to schedule service within 48 hours of receiving your claim; however, this process can take longer on weekends and holidays. Since it may take a couple of days to dispatch a licensed contractor to your home, contact your home warranty company when you notice an issue with your system or appliance.

Do You Need Insurance For Your Appliances?

While homeowner appliance insurance isn’t mandatory, it gives homeowners peace of mind against costly repairs and replacements. It’s a given that systems and appliances will wear down and break over time, so we recommend home appliance insurance coverage for anybody who owns a home.

In particular, the following groups of people will benefit from a home warranty:

  • First-time homebuyers – If you’re strapped for cash, invest $30 a month in a basic home warranty plan. We suggest buying a home warranty for brand-new appliances before they develop issues that bar them from future coverage.
  • Homeowners of older homes – Most home warranties will cover systems and appliances regardless of age, as long as they’re properly installed and sufficiently maintained.
  • Home sellers – Sellers can use a home warranty to expedite closing. At closing, sellers often transfer the home warranty to the buyers, covering their repairs for the first year.
  • Realtors – Listing agents will enjoy the assurance of repair coverage while the house is for sale.
  • Rental property owners – Rental property owners can streamline maintenance by letting the home warranty provider handle claims.

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Different Types of Home Appliance Protection Plans

There are three home protection plan options to cover household appliances’ costly repairs and replacements: a home warranty, homeowners insurance, and a manufacturer’s warranty. Sometimes the names can get confusing, so here’s everything you need to know about all three plans.

A Home Warranty Policy

With the many different names, getting home appliance insurance can be difficult. To make it simple, “home warranty,” “home appliance warranty,” and “home repair insurance” are all the same things. The policies outlined in this guide are all home warranty providers that can offer appliance insurance coverage. Getting home appliance coverage can be confusing, but under this type of plan, many items are covered without the hassle of having different contracts.

Manufacturer’s Warranty vs. Home Insurance for Appliances

A manufacturer’s warranty is a guarantee from an appliance manufacturer – such as SamsungFrigidaire, or GE – that its product will perform as advertised for a specific amount of time (usually one to two years). However, some manufacturers might cover expensive components – such as a motor – under an extended warranty for a longer period.

If you want to cover an electronic or specific home appliance, such as a clothes washer or a water heater, you’ll have to register your product at the time of purchase to activate your coverage. The manufacturer will outline procedures for you to follow if a covered appliance needs service while under warranty.

Appliance InsuranceManufacturer’s Warranty
Required?OptionalOptional
Cost$25–$67 per monthUp to $125 per product per year
CoverageCovers most home systems and appliancesOnly covers registered appliances and electronics
ExclusionsAge or brand doesn’t matter, but companies are not liable to match the brand, dimensions, or colorOnly covers the registered brand name and specific model at the time of purchase
Coverage Length12 months with the option to renew1–2 years unless you buy an extended warranty
Other Factors to ConsiderTransferable between seller and buyer at closingNon-transferable between buyer and seller during a home sale

Homeowners Insurance vs. Home Appliance Insurance

Homeowners insurance companies protect your home in the event of theft or natural disasters – such as a tornado or fire. Unlike appliance insurance, a homeowners insurance policy is required by mortgage lenders before you can close on a house. Both policy types have a deductible, and appliance insurance warranties without deductibles are few and far between.

Homeowners’ insurance covers structural and property damage in cases of perils, liability if someone is injured on your property, property lost through theft or damage, and short-term housing costs if your home becomes uninhabitable due to damage or disaster.

Appliance InsuranceHome Insurance
Required?OptionalRequired
Cost$25–$67 per month$600–$2,000 per year
CoverageMost home systems and appliancesStructural damage, theft, liability, and short-term housing costs
ExclusionsCoverage is limited to items explicitly written into the contract that break down due to normal wear and tearCoverage is limited to perils—such as natural disasters and theft—named by the insurance policy
Coverage LengthRenew coverage annually or pay in monthly installmentsPremiums are bundled with mortgage payments
Other Factors to ConsiderCoverage caps at a certain dollar amount, so the provider may not pay for the full cost of the repair or replacementThere’s a set deductible that you’re responsible for paying before the insurance company

Is Insurance For Your Home Appliances Worth It?

Yes, getting a policy with one of the best appliance insurance companies is worth the investment. These home protection plans save customers thousands of dollars and give homeowners peace of mind. When a covered item breaks under your plan, you can rest assured that an expert will handle the problem as quickly as 24 hours. Some customers have even reported same-day appointments.

Additionally, a home warranty offers homeowners access to a network of local professionals. Instead of nagging your neighbor for the name of their plumber again or spending hours reading home warranty reviews of technicians online, your home warranty provider will schedule an appointment with a local and licensed contractor in your area.

Key Takeaway – Who Has the Best Home Appliance Insurance?

When selecting a home warranty provider for your home appliances, House Method recommends going with Choice Home WarrantyAmerican Home Shield, or Select Home Warranty. Going with one of these providers will save your wallet and give you peace of mind if one of your main appliances needs a repair or replacement. Be sure to look into the different plans offered by each provider and choose the one that best fits your needs.

If none of these options is quite what you’re looking for, don’t sweat. We’ve compiled comprehensive reviews of some of the industry’s other top home warranty companies:

FAQ

Is a home appliance protection plan worth it?

Yes, a home appliance protection plan is worth the cost. With home appliance repair costs ranging from $100 to $800, and replacements upwards of $3,000, home appliance protection can offer a return on investment in as little as one service call. Appliance insurance not only protects you against everyday wear and tear of your home appliances, but it can also offer you peace of mind that you won’t have to pay out-of-pocket costs or worry about getting a contractor to do your home repairs.

Does American Home Shield offer quality appliance coverage?

An American Home Shield home warranty is well worth the cost and offers some of the best appliance protection on the market. AHS’s ShieldPlatinum covers up to $6,000 per home appliance per year, nearly double what any other home warranty company offers. AHS also offers protection beyond what other companies may deny, like unknown pre-existing conditions or lack of maintenance.

Who has the best appliance warranty?

Choice Home Warranty offers the best appliance warranty coverage. Choice Home Warranty’s premium plan covers 11+ major home appliances with an annual limit of up to $3,000 each. The premium plan also protects breakdowns on all parts and components necessary to the function of the appliance, ensuring coverage of the entire item. CHW simplifies the home appliance insurance process by creating specific contracts and offering 24/7 customer service through a call center and online portal.

Are extended warranties worth the money?

Most home experts say that an extended appliance warranty is rarely worth the cost. An extended warranty typically costs around $200 and only offers protection on one singular item. In most cases, the appliance won’t need a repair beyond the cost you paid for the entire service agreement, creating a cost-to-value loss. A home warranty is a better option because it only costs around $50 per month and protects over 30 of your home’s appliances and systems.

House Method Home Warranty Rating and Reviews Methodology

At House Method, transparency and trust are our most important values for the reader. 

To create this rating system, our team spent hours researching over 60 companies, analyzing 2500+ key data points, getting the thoughts and opinions of 1000+ homeowners, and speaking to home warranty company representatives directly. We also dug into the fine print on each company’s service agreement to ensure no detail was left out.

We developed an objective home warranty review and rating methodology to score each home warranty company based on several criteria. We used a five-point scale with a point index ranging from 0.00 to 1.00. The minimum awardable value is 0.0, whereas 1.00 is the maximum. These numeric points are translated into star ratings, using whole star increments between one and five. 

Here is a quick breakdown of our five core scoring categories: 

  • Coverage (0.4): This category evaluates the scope of protection offered by a home warranty provider. We clearly distinguished between limited or broad coverage to help homeowners identify their own home protection needs. We also factor in claim turnaround times, average waiting period lengths, plan types, annual coverage limits, policy exclusions, etc.
  • Cost (0.3): This category considers what home warranty companies charge homeowners monthly, annual, and out-of-pocket. We urge homeowners also to consider the cost-to-value ratio of a home warranty plan.
  • Transparency and Trustworthiness (0.15): This category evaluates home warranty providers based on pending or past legal action, hidden fees, lack of information readily available on the website, exclusions, and more. We consider how upfront a company is to its potential policyholders, which says a lot about its products and services.
  • Customer Support and Satisfaction (.09): This category evaluates the efficacy of a home warranty company’s effort to provide supportive guidance to inquiring customers and how policyholders are satisfied with the assistance they receive.
  • Customization (.06): This category evaluates the ability of homeowners to adjust and choose their policy details, such as pricing variation, optional add-ons, and the number of plans available.

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