5 Best Home Warranty Companies in Ohio (2024)
For homeowners living in Ohio, we recommend Liberty Home Guard. The company offers three coverage plans and 38 add-on options allowing you to customize your plan. Weโve analyzed the leading companies in the United States and spotlighted the top home warranty options in Ohio.
Key Takeaways
Summary of Ohio Home Warranty Companies
According to our research, the highest-rated home warranty companies in Ohio include the following:
The Best Home Warranty Companies in Ohio Compared
We conducted in-depth comparisons of the top Ohio home warranty companies. Before making our recommendations, we considered their coverage options, customer service, plan costs, service fees, and transparency. The table below highlights several comparison metrics we used:
Company | BBB Rating | Monthly Cost in OH | Service Fee | Visit Site |
---|---|---|---|---|
NR | $49โ$59 | $65โ$125 | VISIT SITE | |
B | $29โ$89 | $100โ$125 | VISIT SITE | |
B- | $44โ$47 | $60โ$75 | VISIT SITE | |
B | $44โ$84 | $75โ$125 | VISIT SITE | |
B | $34โ$92 | $75โ$125 | VISIT SITE |
BBB ratings are accurate as of April 2024.
Note: We based the pricing information in this table and throughout the article on sample quotes we obtained for a 2,083-square-foot, single-family home in Cincinnati, Ohio. Your pricing may vary depending on your homeโs location, size, type, and plan selections.
Do I Need a Home Warranty in Ohio?
When deciding if investing in a home warranty is worth it, consider that a solid warranty can provide a financial safety net for homeowners concerned about expensive home appliance and system repairs. Home warranties are also a solid option for first-time homeowners who want extra protection for their new homes.
Weโve researched Ohio’s most common home system and appliance repairs and replacements to put together the table below:
Item/System | Average Cost to Repair | Average Cost to Replace |
---|---|---|
Exhaust Fans | $16โ$300 | $250โ$950 |
Refrigerator | $40โ$350 | $200โ$5,000 |
Dehumidifier | $50โ$200 | $1,300โ$2,800 |
Microwave | $50โ$400 | $60โ$2,000 |
Washer | $50โ$450 | $400โ$2,300 |
Dishwasher | $50โ$500 | $400โ$3,000 |
Freezer | $90โ$500 | $160โ$2,900 |
Dryer | $100โ$400 | $450โ$2,300 |
Oven | $100โ$430 | $400โ$3,000 |
Electric Range | $100โ$500 | $230โ$3,000 |
Gas Range | $100โ$500 | $230โ$3,000 |
How Much Does a Home Warranty Cost in Ohio?
Our research shows a home warranty costs an average of $53 per month in Ohio. Various factors determine the total cost of purchasing a home warranty, such as your chosen coverage plan. Here are some tips below to get the most out of your home warranty plan:
- Select the right service call fee: Some home warranty companies let you select a higher or lower service fee to adjust your monthly premium. Your monthly premium will decrease with a greater service call fee, whereas a lower service call fee means you will spend less on technician visits. Be aware that your monthly premium increases with a lower service fee.
- Pay only for what you need: The majority of home warranty companies provide less expensive appliance- and system-only plans versus bundled plans. You can save money by opting for an appliance-only plan if you just require coverage for your appliances. Overall, it’s best to look for plans that cover only the systems and appliances you need.
- Reconsider buying add-ons: Add-ons can dramatically increase your monthly premium. Buy add-ons only if they provide you with the greatest value. However, some home warranty companies include free coverage for roof leaks, which might reduce your monthly cost.
The 5 Best Ohio Home Warranty Companies Reviewed
Are Home Warranties Worth the Money in Ohio?
Whether home warranties are worth the money depends on your situation. The main benefit of a home warranty is the cost savings youโll have on appliance and system repairs. For example, suppose youโre in the process of buying or selling a home. If youโre a seller, you wonโt be on the hook for any repair or replacement costs while the house is on the market. If youโre a buyer, you can rest easy knowing you wonโt have to shell out big bucks for major repairs right after purchasing a new home. In this scenario, a home warranty is worth the money.
How Are Home Warranties Regulated in Ohio?
Our research shows that Ohio doesnโt clearly label home warranties as insurance in most cases. This means the state doesnโt regularly enforce regulations on companies selling home service contracts. That said, Ohioโs Department of Insurance (ODI) allows homeowners who own a home warranty to file a complaint online.
Home warranties also self-regulate via industry associations. The leading industry organizations that oversee the home warranty industry are the National Home Service Contract Association (NHSCA) and the Service Contract Industry Council (SCIC). Each organization has the common goal of protecting consumers from unfair business practices. In addition, they both have a member directory that lists compliant companies to help you choose the right Ohio home warranty.
Annual Home Warranty Cost Calculator
Our team created a calculator to break down the estimated annual cost of owning a home warranty. Enter your monthly premium, service call fee, and estimated number of claims to see your projected annual cost. Itโs best to request a quote directly from one of our recommended providers, as annual costs and service fees vary between them.
Note: The annual cost figure generated by our home warranty calculator is not an indication of a companyโs actual plan cost, as annual costs and service fees vary based on your plan selections and your homeโs size, type, and location.
How To Choose a Home Warranty in Ohio
Some providers may fit your unique situation better than others. Here are a few pointers to help you choose the best home warranty:
- Ask a professional: Talk to your local real estate agent if you have questions about home warranties. Many real estate agents know the ins and outs of home warranties and can give you provider recommendations based on their experience.
- Be wary of price: Going for the cheapest option may not always be the best option. Our research found that companies that charge less for coverage plans tend to have lower coverage limits. Consider a company that covers the full replacement cost of your home items.
- Understand your needs: Think about the home appliances and systems you use most daily and purchase a plan covering those items. Avoid buying a comprehensive plan if you donโt need some coverage options.
- Bundle with home insurance: Some homeowners insurance providers offer bundling discounts when you pair a home warranty plan with a home insurance policy.
- Check for coverage overlaps: You may not need a comprehensive home warranty plan if you recently purchased new major appliances or systems. New appliances and systems usually have manufacturerโs warranties, eliminating the need for a home warranty.
- Limit your claims: Avoid filing claims on small issues you can repair yourself. This reduces the number of service call fees youโll pay since providers charge a fee each time they send a technician to your home.
How To Read a Home Warranty Contract in Ohio
Reading a home warranty companyโs sample service contract helps you understand the companyโs coverage, exclusions, and special conditions. While no two Ohio home warranty companies provide the same contract language, most follow a similar outline of terms and conditions. Here are the sections to focus on when reading a sample contract:
The coverage section of the sample contract lists all the items and the specific components a company covers. Companies also list their optional add-ons within this section.
The limitations and exclusions section outlines the items, components, damages, and situations a company wonโt cover. We recommend carefully reading this section to avoid an unexpected claim denial.
Most home warranty companies list state-specific terms within their sample contracts towards the end of their service contracts. Generally, these state-specific terms list amendments, arbitration clauses, or actions you can take when filing a dispute.
What is the Best Home Warranty Company in Ohio?
We suggest Liberty Home Guard to Ohio homeowners because of excellent customer support and extensive industry knowledge. American Home Shield is great for those who prioritize extensive comprehensive coverage. Finally, Select Home Warranty makes sense if you only need low-cost home warranty coverage.
Regardless of the coverage type, we recommend getting quotes from at least three home warranty companies. Compare plan pricing and coverage options to find the right option for your home.
Other Resources for Residents in Ohio
FAQs
What are the costs involved with purchasing a home warranty?
Purchasing a home warranty involves two costs: a monthly or annual premium and a service call fee. The premium is what you pay for the policy whether you use it or not. You pay the service call fee every time a technician visits your home to diagnose or fix a problem.
How is a home warranty different from a homeowners insurance policy?
A home warranty differs from a homeowners insurance policy in that it covers items in your home that fail due to normal wear and tear. On the other hand, homeowners insurance covers items in your home damaged by theft, fire, or storms. Both policies could save you significant money on repairs because they provide complimentary coverage.
What is the biggest benefit of a home warranty?
The biggest benefit of a home warranty is the protection it offers on your appliances and home systems. Home warranties offer financial benefits when faced with unplanned repair bills or system failures. They help keep your system in working order and ensure things continue functioning properly.ย
Who pays for a home warranty?
The homeowner who purchased the home warranty pays for a home warranty, usually via a monthly or annual premium. The homeowner also pays a service call fee for each filed claim. Remember that home warranty plans have coverage caps in the contractโs fine print indicating how much the provider is willing to cover for a given repair. If the repair costs more than the coverage cap, the homeowner must pay the remaining amount.
How Do I Find the Best Home Warranty Company in My Area?
Find in-depth reviews on the best home warranty companies for the top cities in Ohio below.
Find Home Warranties in OH
Our Rating Methodology
We back up our home warranty ratings and recommendations with a detailed rating methodology to objectively score each provider. We conduct research by speaking with company representatives, requesting quotes, analyzing sample contracts from each company, and conducting focus groups and consumer surveys. We then score each provider against our review standards for coverage, value, trustworthiness and transparency, availability, and customer service to arrive at a final score on a 5-point rating scale.
To share feedback or ask a question about this article, send a note to our Reviews Team at reviews@thisoldhousereviews.com.