Best Home Warranty Companies for Furnaces (2024)
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Without adequate furnace coverage, you risk expensive repair costs and no heat during the frigid winter months. Investing in a home warranty with furnace protection ensures access to emergency repair or replacement services, keeping your home cozy and comfortable all year.
We researched 13 of the best home warranty companies in the industry to find the top options for furnace protection. We recommend Liberty Home Guard (LHG) as the best furnace warranty provider because it covers up to $2,000 per repair and includes second furnace coverage in its standard plan. Discover how you can protect your furnace and our list of top picks for coverage.
Key Takeaways
Top Home Warranty Companies for Furnace Coverage
- Best Coverage Caps: American Home Shield
- Best Customer Ratings: Liberty Home Guard
- Best Value: Select Home Warranty
Compare Home Warranties for Furnaces
Monthly Cost
Service Fees
Customer Support Options
Response Time
Pros
- High coverage caps
- Preexisting coverage included
- Bonus discounts on maintenance services
- Extensive add-on catalog
- 60-day workmanship guarantee
- Accessible customer support
- Low-cost plan options
- High HVAC coverage
- Free roof leak protection
Cons
- Higher costs for comprehensive coverage
- Smallest add-on catalog
- Reviews mention low claim payouts
- Low coverage caps for electrical and plumbing
- Low coverage caps for other items
- No service call fee flexibility
Summary
We recommend American Home Shield for homeowners who need comprehensive coverage for older homes.
We recommend Liberty Home Guard for homeowners who need coverage for multiple HVAC systems and extensive add-on customizations.
We recommend Select Home Warranty for homeowners who need affordable HVAC-only coverage.
Promotions
Rating Categories
Coverage
Value
Trustworthiness
Plan Transparency
Customer Support
Flexibility
How Much Does a Furnace Home Warranty Cost?
Based on our research, a furnace home warranty typically costs $52 per month but can range between $35 and $65. Most companies bundle furnace coverage with air conditioning protections, offering combined HVAC coverage. Your plan type will also affect final costs. For example, some companies offer system-only coverage, focusing only on protections for major home systems. Choosing a more specialized plan helps reduce costs, as comprehensive plans are typically higher due to their coverage for systems and appliances. You’ll also avoid paying for coverage you don’t need.
Many homeowners invest in a home warranty primarily to safeguard their heating systems, a fact we learned in our most recent survey. We asked 1,000 home warranty plan holders which systems and appliances they prioritized for home warranty coverage. We found that 55.8% opted for coverage to protect their furnaces and heating equipment.
This is understandable given the potential costs associated with furnace repairs and replacements. Furnace repair bills can quickly add up, costing $150 or higher depending on the severity of the repair. However, furnace replacements are even higher. You could pay $2,000–$7,000 for a new electric furnace and $5,000–$13,000 for a gas furnace.Â
Home warranties help offset these costs by reducing or eliminating repair and replacement expenses. They also connect you to qualified technicians, helping you restore your system in less time.
Reviews of the Best Home Warranty Companies for Furnaces
Below are our top picks for home warranty protection for furnaces.
Liberty Home Guard
Best Overall
American Home Shield
Best for Comprehensive Coverage
Select Home Warranty
Best Value
Note: We based the pricing above on sample quotes obtained from a 1,800-square-foot, single-family home in San Antonio, Texas. Your pricing may vary depending on your home’s location, size, type, and plan selections.
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. It’s best to request a quote directly from one of our recommended providers, as annual costs and service fees vary between them.
| Appliance | Average Repair Cost | Average Replacement Cost |
|---|---|---|
|
Dehumidifier |
$50–$200 |
$1,300–$2,800 |
|
Microwave |
$50–$400 |
$60–$2,000 |
|
Dishwasher |
$50–$500 |
$400–$3,000 |
|
Exhaust Fans |
$16–$300 |
$250–$950 |
|
Electric Range |
$100–$500 |
$230–$3,000 |
|
Gas Range |
$100–$500 |
$230–$3,000 |
|
Dryer |
$100–$400 |
$450–$2,300 |
|
Oven |
$100–$430 |
$400–$3,000 |
|
Washer |
$50–$450 |
$400–$2,300 |
|
Freezer |
$90–$500 |
$160–$2,900 |
|
Refrigerator |
$40–$350 |
$200–$5,000 |
Note: The annual cost figure generated by our home warranty calculator is not an indication of a company’s actual plan cost, as annual costs and service fees vary based on your plan selections and your home’s size, type, and location.
Why Should You Cover Your Furnace?
To ensure your furnace is protected at all times, consider investing in a home warranty. Home warranties cover repairs to your system if it breaks down unexpectedly. Not only will a home warranty protect your system and prevent you from paying expensive out-of-pocket costs, it also sends a trusted contractor to your home to perform the repairs for you, preventing you from having to find a technician on your own.
Additionally, a home warranty can protect a variety of systems and appliances, including your air conditioner, clothes washer, venting, and ductwork, providing you with comprehensive coverage for your most important home items. For a detailed explanation of a home warranty, explore the specifics in our article.
We recommend requesting free quotes from the home warranty companies listed in this article so you can compare coverage and pricing options and find a plan that works best for your furnace protection needs.
Related Resources
Our Rating Methodology
We back up our home warranty ratings and recommendations with a detailed rating methodology to score each provider objectively. We conduct research by speaking with company representatives, requesting quotes, analyzing sample contracts, and conducting focus groups and consumer surveys.
We score each provider against our review standards, which include four comparison categories: coverage, value, trust and transparency, and availability and service. We rate each provider across 31 factors within these categories. Each factor is assigned a point value based on its importance to a homeowner, totaling 100 points. We then convert the final scores to a 5-star rating.
Here’s a breakdown of our weighted factors:
- Coverage (40%): We scored coverage based on included home systems and appliances, add-on options, and unique benefits. We also compared coverage caps and policy exclusions.
- Additional coverage items
- Annual coverage cap
- Home systems coverage
- Major appliances coverage
- Obstructed wall coverage cap
- Value (30%): We compared the coverage level received to monthly pricing to determine plan value. We considered premium pricing, service fees, and flexibility in customizing plan costs.
- Average monthly cost
- Cost flexibility
- Lowest service fee
- Trust and Transparency (16%): We evaluated each company’s reputation using the Better Business Bureau ratings and customer reviews on third-party review sites. We read through plan change policies, workmanship protections, and sample contract availability.
- Brand reputation
- Policy change flexibility
- Sample contract availability
- Workmanship guarantee length
- Availability and Service (14%): We award higher scores for faster claim processing and response times. We also considered service technician policies, including options to choose your technician.
- Claims process
- Guaranteed response time
- Service flexibility
To share feedback or ask a question about this article, send a note to our Reviews Team at reviews@thisoldhousereviews.com.
