Choice Home Warranty Review

Running and maintaining a home can be a costly business while juggling the many necessities of life.

Purchasing your home is one thing, but making sure it is always in good running order is quite another. Before you even realize it, expenses can quickly mount up to hundreds or even thousands of dollars.

Upon taking out a mortgage, your lender may have a requirement that you also take out a home insurance policy to protect the building from theft or a naturally occurring disaster, such as a fire, flood, or earthquake.

While this preserves the physical structure of the house, it offers no protection for the things contained inside the building—the essential systems and appliances we use on a daily basis.

If your washer breaks down, or your air conditioning fails, you are potentially looking at hefty repair bills, time spent calling the best technician in town, and a sizable financial hit if the entire appliance needs replacing.

Luckily, there is a practical solution to this issue: welcome to the world of home warranties.

What is a Home Warranty?

As the name suggests, a home warranty or service contract is an insurance policy taken out to protect your home.

First-time home buyers and existing homeowners alike are encouraged to look into a comprehensive home warranty.

Since homes are often considered a huge investment, purchasing a home warranty ensures your valuable piece of property is safeguarded for generations to come.

Unlike a traditional home insurance policy, however, a home warranty is not restricted only to the building. Instead, home warranties cover major elements, such as heating and hot water systems, dryers, and ovens, among other essential items.

Choice Home Warranty is an ideal solution to your warranty woes, offering two plans to provide the best option for your home.

What Are the Benefits of a Home Warranty?

A home warranty works by exchanging a regular monthly payment for protection.

This offers a cheaper solution to the headache of having to pay the total replacement cost of an item at a moments notice.

This type of policy provides homeowners with an extra layer of protection whenever unexpected issues occur.

What Are Choice Home’s Warranty Plans?

There are two plans currently offered by Choice Home: the basic plan and the total plan.

Basic Plan

The basic plan provides standard coverage on the following items:

• Electrical System

• Heating System

• Plumbing System

• Plumbing Stoppage

• Whirlpool Bath

• Oven, Range, or Stove

• Water Heater

• Dishwasher

• Built-in Microwave

• Cooktop

• Garbage Disposal

• Garage Door Opener

• Ceiling and Exhaust Fans

• Ductwork

Total Plan

As the name suggests, the total plan is a comprehensive warranty designed to protect all aspects of your home.

In addition to everything covered by the basic plan, the total plan also covers the following items:

• Air Conditioning System

• Clothes Washer

• Clothes Dryer

• Refrigerator

Add-Ons

As a bonus, Choice Home offers clients “add-ons”— extras that can be added to an existing plan for a specific item but not included in either of the standard plans.

The items covered here are:

• Well Pump

• Sump Pump

• Pool and Spa

• Limited Roof Leak

• Central Vacuum

• Septic System

• Standalone Freezer

• Second Refrigerator

• Septic Tank Pumping

These extras allow you to personalize a warranty to focus only on those things you will really need to save money.

Get A Choice Home Warranty Quote

Alternatives

Final Thoughts

A home warranty plan is an ideal way to provide additional peace of mind while saving money on expensive repairs or replacements down the road. You never know when that extra hedge of protection will come in handy.

Choice Home keeps it simple with just two plans to choose from, along with the option to supplement any of their policies with “add-ons” or extras.

There are also options to pay monthly or annually, allowing customers to delegate home management to the experts.

Choice Home’s exclusions are similar to competitors. Nonetheless, homeowners should always read the fine print carefully to understand what is and is not included in a specific coverage plan.

Taking these extra action steps can save customers from any potential disappointment later on when filing a claim. No matter what home warranty under consideration, it’s important to always conduct your own research and analyze competitor offerings before making any significant financial purchases.

With a range of attractive benefits, including ongoing coverage, 24/7 customer service, and a host of benefits for real estate agents, Choice Home warranties take the stress out of a sudden appliance failure or system emergency.

How We Review Home Warranty Companies

Good Financial Cents evaluates home warranty companies by examining coverage breadth, responsiveness, and the reliability of claims processes. Our goal is to offer homeowners a balanced and informative perspective. Editorial transparency is a consistent focus in our reviews.

We actively gather information from home warranty companies, reviewing the specifics of coverage plans and service agreements. This data, paired with our research and customer feedback, informs our evaluation process. Companies are then rated based on their performance, leading to a star rating from one to five.

For further insight into the criteria we use to rate home warranty companies and our evaluation approach, please refer to our editorial guidelines and full disclaimer.