The cheapest home warranty can offer you an affordable option for protecting important systems and appliances within your home. When any of these covered appliances or systems fail due to normal wear and tear, a home warranty plan can cover expensive repair and replacement costs, eliminating the need for you to unexpectedly pay for a fix out of pocket.

Because there are a variety of home warranty companies on the market, it can be challenging to determine which one is the most affordable. To help you in your search, the This Old House Reviews Team did the research for you and compared some of the cheapest home warranties available, providing you details on plans, pricing, and customer service. Keep reading to find the cheapest home warranty for you and your home.

Top 3 Cheapest Home Warranties

Below are some of the most affordable home warranty companies available, all with relatively cheap monthly premiums and flexible deductibles.


 

Select Home Warranty

Select Home Warranty is another affordable home warranty company with flexible payment options. Select offers plans between $36–$38 per month and service fees of $60–$75 per claim, some of the lowest prices in the industry. Another benefit of Select Home Warranty is that they offer free roof leak coverage, which is a rarity in the home warranty industry.

Select has three plans to choose from: Bronze Care, Gold Care, and Platinum Care. Gold Care covers home systems and Bronze Care covers home appliances; both cost $35.83 per month. Platinum Care is a combo plan that protects systems and appliances and costs $37.50 per month—one of the lowest costs we’ve seen for comprehensive home coverage.

Customers also get two months free when they sign up for coverage.

Get a free quote from Select Home Warranty by filling out this online form or calling 888-370-3956.

Learn more: Select Home Warranty Review


 

First American Home Warranty

First American Home Warranty (FAHW) has been a leader in the home warranty industry for over 35 years and provides some of the cheapest home warranty coverage on the market. Its plans cost between $28–$43 a month and its service fees are $75, which is in line with the industry average.

What makes First American stand out against its competitors is its First Class Upgrade, which covers systems and appliances if they’ve been improperly installed, modified, or maintained. Other benefits of FAHW include no coverage caps on heating, cooling, or ductwork, replacements on items that are too damaged to repair, and a risk-free, 30-day money-back guarantee.

Get a free quote from First American Home Warranty by filling out this online form with your zip code or calling 800-891-9778.

Learn more: First American Home Warranty Review


 

America’s First Choice Home Club

America’s First Choice Home Club (AFC Home Club) is a reputable provider that offers plan flexibility at an affordable price. AFC Home Club allows homeowners to select three service call fee options: the higher the service call fee, the lower your monthly premium and vice versa. Its service call fees are $75, $100, and $125. Depending on which plan and service call fee you choose, expect to pay between $32 and $54 per month.

Although AFC Home Club’s prices are a bit higher than the previously mentioned providers, it offers a workmanship guarantee for all repairs done within the life of the plan, which can save you from paying additional service call fees in case your repair fails. Additionally, AFC Home Club allows you to select your own service technician and offers security perks, such as free credit monitoring and identity protection.

To request your free quote, fill out AFC Home Club’s quote form or call 877-755-1115.

Learn more: AFC Home Club Review


 

Basics of a Home Warranty

Before buying a home warranty, it’s helpful to understand what a home warranty is, what it covers, and exactly how much it costs.

What Is a Home Warranty?

A home warranty is an annual home service contract that provides protection for major systems and appliances when they break down due to normal wear and tear. It also saves homeowners from paying expensive, out-of-pocket costs on necessary repairs and replacements.

How Much Does a Home Warranty Cost?

In general, a home warranty costs between $25–$50 per month, or $300–$600 per year. Basic plans will fall on the lower end of the spectrum, while more comprehensive coverage will cost upwards of $50.

In addition to monthly premiums, home warranty companies will also charge a service call fee, or deductible, every time a claim is made. These service fees typically range between $75–$125, with some companies like American Home Shield allowing you to choose your service fee. For example, a lower service fee of $75 will likely result in a higher monthly premium and vice versa.

What Does a Home Warranty Cover?

A home warranty covers major home systems and appliances, including items like your refrigerator, electrical system, plumbing, water heater, and dishwasher. Here’s an overview of commonly covered items:

Commonly Covered Items

SystemsAppliances
Air conditioningRefrigerator
HeatingDishwasher
ElectricalBuilt-in microwave
DuctworkOven
Water heaterStove
Garbage disposalRange
Instant water dispenserClothes washer
Central vacuumClothes dryer
Ceiling fansTrash compactor

Home warranty companies may also provide optional coverage for the following items:

  • Pool
  • Spa
  • Septic system
  • Well pump
  • Roof leaks
  • Guest house

What Are the Benefits of a Home Warranty?

In addition to protecting important items when they break down, a home warranty offers the following benefits:

  • Saves you time looking for a contractor
  • Offers potential cash savings on expensive repairs and replacements
  • Some companies, like America’s First Choice Home Club, offer unique benefits like free credit monitoring and discounts on maintenance-related supplies
  • Can help a home sell faster and may be an enticing factor for potential buyers
  • Protects your budget and prevents customers from paying unexpected expenses

 

How to Choose the Best Home Warranty

Though you might be looking for an affordable home warranty, the cheapest isn’t always the best. While the companies all listed above offer affordable pricing and comprehensive plans, there are some home warranty companies out there that offer extremely limited coverage for a low price.

Before you sign up for a home warranty, consider the following factors to ensure you get the cheapest home warranty and best coverage:

  • Cost—If you’re on a budget but still want comprehensive coverage, we recommend going with a company like Select Home Warranty. Select offers free roof-leak repair coverage in each plan, plus all plans cost under $40 per month. Consider getting quotes from a few different providers to compare pricing and choose a plan that best fits within your budget.
  • Coverage—Most home warranty companies will offer a variety of plans that range from systems- and appliances-only to combination plans. Consider the items you want coverage for in your home and select a plan based on those needs.
  • Add-ons—In addition to your most important home items, think about other items that you may want coverage for, such as your pool, spa, guest unit, or septic system. Not all companies provide the same add-ons, so choose a company that protects your most important items.
  • Exclusions—Companies will often include coverage caps and exclusions on certain items listed in your contract. Be sure to review your contract terms before investing in a plan so you can understand what exactly is and isn’t covered.
  • Customer service—Though most providers have 24/7 claims centers, there are a few that have limited hours. The home warranty companies in this article all have 24/7 customer service centers that are open to receiving claims around the clock.
  • Promotions—To truly find the cheapest home warranty, compare current promotions and offerings from each provider to see how much money you could save on your contract. Companies like Select Home Warranty provide a few months of coverage for free when customers sign up for a plan.

 

Cheapest Home Warranty Company Comparison

To help you narrow down your choices, here’s a quick comparison of the top three companies we recommended earlier.

Compare Cheapest Home Warranty Companies

Providers

Select Home Warranty

First American Home Warranty

AFC Home Club

Get a free quote

Visit Select’s site

Visit First American’s site

Visit AFC Home Club’s site

Monthly Premiums

$36–$38

$28–$43

$32–$54

Service call fees

$60–$75

$75

$75, $100, $125

Plan options

3+ optional add-ons

2+ optional add-ons

4+ optional add-ons

Current promotions

Two extra months of coverage for free when signing up for a plan

Risk-free, 30-day, money-back guarantee

Save up to $150 off when signing up

Our Conclusion

Select Home Warranty, First American Home Warranty and AFC Home Club are three of the cheapest home warranty services available. Not only do they provide affordable plans and flexible payment options, they offer comprehensive coverage on major home systems and appliances and excellent customer service.

Because plan pricing will depend on where you live, the square footage of your home, the type of plan you choose, and any add-ons you include in your coverage, we recommend getting a quote from all three providers. This way, you can compare quotes and try to price match with your preferred provider.


 

Frequently Asked Questions


 

Our Rating Methodology

The This Old House Reviews Team is committed to providing comprehensive and unbiased reviews to our readers, and we aim to provide transparency in our review standards and research process.

Our research process includes speaking with representatives from more than 40 home warranty providers, requesting quotes, and asking clarifying questions to gain insight into each provider’s benefits and downsides. We also analyze sample contracts from each company to understand specific coverage terms.

To rate companies, we apply the data we have gathered to our review standards. These standards are on a 100-point scoring system, which is detailed below:

  • Coverage (35 points): Providers are scored based on breadth and depth of coverage. We focused on key home systems (HVAC, plumbing, and electrical), essential appliances (refrigerator, ovens, and laundry machines), and unique coverage items (such as roof-leak coverage and code violation allowances). Coverage scores are weighted by taking into account coverage caps and other limiting factors, meaning providers with greater range of coverage and higher coverage caps score the highest.
  • Value (30 points): A company’s plan value is a reflection of how well it serves the customer in comparison to what the customer pays for the policy. We accounted for monthly costs, service call fees, and cost flexibility (such as customizable service call fees, discounts, and multi-year policies).
  • Trustworthiness and Transparency (21 points): Trustworthiness and transparency are a reflection of how well the provider considers the customer’s interests. We scored items such as the length of workmanship guarantees, online availability of a sample contract, policy change flexibility, and ease of cancellation. Additionally, we scored items that reflect industry reputation and customer satisfaction, including analyzing brand reputation across the Better Business Bureau and third-party customer review aggregators.
  • Availability and Service (14 points): Quality of customer service is key to customer satisfaction. We dug into each provider’s guaranteed response times, claims processes, service flexibility, emergency availability, and more.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviews@thisoldhousereviews.com.