Best Home Warranty Companies in New Mexico

A home warranty helps protect homeowners from the expenses that come with unexpected repairs to appliances, like washers, dryers, refrigerators, and garage door openers, and other home systems, like air conditioning, heating, plumbing, and electrical. 

By entering into a contract with a home warranty company, New Mexico homeowners can save money and have peace of mind if an important home item breaks down. If you’re looking for the best home warranty companies in New Mexico, keep reading to learn about the top home warranty companies in the state, common New Mexico home maintenance issues, and important home warranty buying tips.

New Mexico’s best home warranties

New Mexico is lies in the soutwestern region of the United States. Considered to be part of the “Mountain States,” New Mexico shares the Four Corners region with Utah, Colorado, and Arizona. Other neighboring states include Oklahoma to the northeast, Texas to the southeast, and the Mexican states of Chihuahua and Sonora to the south and southwest.

Santa Fe is the capital of New Mexico, while the largest city is Albuquerque. New Mexico’s state bird is the greater roadrunner and the state tree is the pinyon pine. While New Mexico is known for its beautiful weather characterized by low humidity, abundant sunshine, and mild winters, its high summer temperatures can strain air conditioning systems and the late summer precipitation can impact homes not accustomed to receiving rainfall.

Whether you’re looking for home warranty companies in Albuquerque or coverage in Santa Fe, there are many options to help homeowners resolve specific home repairs.

Top home maintenance problems in New Mexico

The best home warranty companies in New Mexico include coverage for major appliance repair, as well as plumbing, electrical, and HVAC systems. This coverage helps New Mexico homeowners avoid unexpected repair costs, which can be a large money saver in the long run.

There are almost 2.1 million people living in New Mexico, and almost 68% are owner-occupants. The median year a house was built in New Mexico was 1980, so these houses will likely need attention to their aging mechanical systems or appliances, which can be costly. A home warranty can cover the necessary repairs and replacements of these major home systems and appliances for a reasonable cost.

Below are the most common home maintenance issues New Mexico homeowners are likely to encounter:

• Roofing issues—Many homes in New Mexico are built with flat roofs, which age faster than slanted roofs. Not to mention, they can collect standing water, which can damage the roof, cause leaks, grow mold, and be more susceptible to cracks. 
• Siding damage—Neglecting annual maintenance to your home’s exterior and siding can result in premature damage.
• Old air conditioning systems—Constantly running the air conditioning as a result of high temperatures can put extra strain on your air conditioning unit to the point where it could require professional repair.
• Aging appliances—Most household appliances last approximately 10 years. If your appliances are coming up to that milestone, looking into replacing them could pay off.
• Plumbing issues—In homes more than 30 years old, there may be out-of-date materials or faulty fixtures that comprise your plumbing system. Inexpensive repairs might include replacing a fixture, while the most costly repairs could involve replacing the entire plumbing system. Additionally, if an unexpected frost sets in, the pipes may start to erode and will require professional help.

Who is eligible for a home warranty in New Mexico?

Different home warranty companies offer varying levels of coverage based on the type of dwelling you live in and the coverage you choose. In general, anyone in New Mexico that lives in a home (and can pay for a warranty) is eligible to buy coverage. Some home warranty companies offer coverage for single-family homes, however, other companies will offer coverage for multi-family units, mobile homes, and manufactured homes.

A home warranty is most beneficial for individuals who are on fixed incomes, those who have not budgeted for unexpected home repairs, landlords who own rental properties, first-time homebuyers who are used to contacting the rental unit’s maintenance staff to fix repairs, or a home seller who entered into a home warranty contract and can transfer the pre-existing warranty to the new buyer, among others.

In addition to homeowners purchasing home warranties, those involved in the selling process can also benefit from a home warranty. Real estate agents can gift home warranties to clients as a closing gift, or home sellers may include a home warranty in their offer package to incentivize buyers to purchase the home.

What is covered under a home warranty?

A home warranty should include the option for full coverage, multiple plan tiers to choose from, and clear contracts. In general, a home warranty covers major home systems and appliances.

Coverage will vary by home warranty company and their respective plan levels, but there are basic home appliances and systems that are covered under most home warranty companies. Some companies, such as American Home Shield, offer the option to customize home warranty plans, which is beneficial for those who want a plan that covers only certain appliances or applicable systems.

Other companies, such as Total Home Protection, offer two standard plans with the option of building on from a comprehensive list of add-ons. For example, some additional items you may want to add to your coverage include a septic system, sump pump, or pool.

Coverage for common home systems may include:

• Air conditioning and ductwork


• Heating system and ductwork


• Electrical


• Plumbing
• Doorbells
• Smoke detectors

• Ceiling fans
• Water heaters

Coverage for common home appliances may include:

• Refrigerators
• Ovens
• Stovetops
• Washing machines
• Clothes dryers
• Dishwashers
• Microwaves
• Garbage disposals

How much does a home warranty cost in New Mexico?

The average premium for a home warranty in New Mexico is almost $320. This amount will vary based on the amount of coverage your home requires and the plan you choose.

Home warranty contracts are typically renewed annually, and customers are billed monthly. In addition to the annual plan cost, contract holders are charged a service fee every time a claim is filed that results in a technician being sent to the home. Each home warranty company and policy will charge a different amount for the service fee, but you can expect to pay between $50–$100.

How does a home warranty work?

New Mexico’s home warranty repair process is a quick and consumer-friendly experience. If one of your appliances breaks down, here’s how the general home warranty repair process might look:

1. Report a claim—When the appliance breaks, the contract holder (i.e. the homeowner) makes a service call and contacts the home warranty company. The home warranty company then opens a claim to begin the repair process. 
2. A local professional is assigned—The home warranty company assigns a technician from its vetted network of home repair professionals or allows you to choose a service provider you trust.
3. The repair or replacement takes place—A technician comes to the house to repair the broken appliance or replace the item altogether, and the homeowner pays the home warranty company a service fee.

Before filing a service request, it’s important to check your service contract to determine if the necessary repair or replacement is included in the contract.

For example, let’s say your air conditioning system breaks down and can’t be repaired. The cost to replace the air conditioner is $2,000, but the home warranty policy gives a $1,000 air conditioner coverage limit. It’s common for a home warranty company to provide payout for $1,000, and the homeowners would need to cover the remaining $1,000.

Though not required, it’s a good idea to get a home inspection before signing up for a home warranty so you have an understanding of what covered items may have pre-existing conditions and would be denied coverage.

Home warranty regulations and restrictions in New Mexico

New Mexico doesn’t appear to have any home warranty regulations or restrictions. The New Mexico Attorney General tracks and monitors complaints against businesses.

Why is a home warranty necessary?

A home warranty protects homeowners against inevitable unexpected and expensive repairs and replacements and takes away the fear of having to pay expensive, out-of-pocket costs. New Mexico homeowners can benefit from the peace of mind knowing that these maintenance costs will be covered under warranty.

Buying a home warranty in New Mexico

The first step in buying the best home warranty in New Mexico is to research the different companies and assess the different plan levels—this will ensure the company you choose offers the coverage you feel comfortable having. Then, it’s a good idea to check the Better Business Bureau (BBB) for any complaints against the home warranty company. It’s also recommended that you check in with friends and family and ask for their recommendations on home warranty companies they trust.

Here are some other factors to consider when buying a home warranty in New Mexico:

• Company’s reputation/ratings
• Age of the home
• Condition of the home
• Climate of the area
• Price and coverage, including coverage caps and exclusions

New Mexico home warranty reviews

Below are a few reviews from New Mexico home warranty holders:

Choice Home Warranty on Trustpilot

“Just started with Choice. I chose them because of their professionalism and pleasantness. They have a wonderful product at the price I can afford.”

The Home Service Club on Trustpilot

“The Home Service Club is a good company! I had problems with my stove and filed a claim over the phone. The rep was very helpful and sent out a contractor. He had to run out to get a few parts, but when he returned he got the stove working again.”

Our conclusion

Purchasing a home warranty gives homeowners a streamlined way to fix the inevitable damages that come with owning a home. Most home systems and appliances will need repair work at some point, and having a home warranty can help protect your home and finances from unexpected repair bills.

Though we believe all of the home warranty companies we recommended can provide the coverage you need, the specific benefits of each company will vary. For example, The Home Service Club will replace your item if the technician is unable to fix it, Select Home Warranty coverage offers three levels of plans to accommodate different budgets, and Choice Home Warranty has an extensive network of pre-screened technicians at your service.