Best Home Warranty Companies in Indiana (2024)
If you live in Indiana and want extra protection for your home systems and appliances we recommend Liberty Home Guard. Because there are multiple home warranty companies to choose from, determining which one is right for you can be challenging. To help you out, the we have reviewed a variety of home warranty providers in Indiana, collecting data on service plans, pricing, customer service ratings and reviews, claims submissions, and more to help you find the best home warranty.
Indianaโs Top 5 Home Warranty Companies
The highest-rated home warranty companies in Indiana include:
Provider pricing is based on sample quotes for a 2,104-square-foot, single-family home in Indianapolis, Indiana. Your monthly premium may vary based on your homeโs location, size, type and chosen plan and add-on choices.
Summary of the Best Home Warranty Companies in Indiana
Below, we compare the top home warranty companies in Indiana. The monthly cost represents costs represent quotes we pulled from each provider during our secret-shopping process. We analyzed each providerโs plans, service fees, and industry reputation.
Company | BBB Rating | Monthly Cost | Service Fee | Visit Site |
---|---|---|---|---|
A | $49โ$59 | $65โ$125 | VISIT SITE | |
B | $29โ$89 | $100โ$125 | VISIT SITE | |
A+ | $44โ$58 | $70 | VISIT SITE | |
B | $44โ$47 | $60โ$75 | VISIT SITE | |
B | $42โ$82 | $75โ$125 | VISIT SITE |
BBB ratings are accurate as of October 2023.
Reviews of Home Warranty Companies in Indiana
How Are Home Warranties Regulated in Indiana?
The Indiana Department of Insurance (IDOI) regulates home warranty companies. The state offers online resources to help consumers make more informed decisions. Homeowners can file complaints with the IDOI through its Consumer Services Division. The Indiana Attorney General also accepts complaints under its Consumer Protection Division.
How Much Does a Home Warranty Cost in Indiana?
Our sample quotes show that the average monthly premium in Indiana is about $53. For annual coverage, you will pay $570 on average. However, your total home warranty cost depends on several factors beyond your premium.
Depending on your policy, service fees will cost between $75 and $125 per claim. Additional factors include your coverage type and add-on option costs. Based on our research, we learned that most home warranty companies charge more for comprehensive plans compared to system or appliance-specific options. We recommend getting coverage that suits your home needs to save on costs.
What To Look For When Buying a Home Warranty in Indiana
When choosing a home warranty in Indiana, keep the following factors in mind:
- Compare quotes: Request quotes from at least three companies to find the best options. You could miss out on additional perks and discounts by researching only one company.
- Determine your coverage needs: Consider which systems and appliances need home warranty protection. Choose a plan that meets those specific needs and avoid getting coverage that doesnโt meet your immediate demands.
- Verify coverage caps: Check your sample quotes for details on coverage caps and ensure your essential items receive adequate protection. Read through each policy and check for any provisions concerning system age or condition that could impact your reimbursement total.
Expert Takes on Home Warranties
We interviewed industry experts for their home warranty insights. We asked some common homeowner questions regarding home warranty coverage. Their answers are below:
- What should I ask before buying an Indiana home warranty? Daniel Cabrera, founder of Sell Your House Fast, said homeowners should get clarification on the providerโs policy. He said, โHomeowners should understand what specific items, parts, or situations the company excludes from the warranty.โ Ask questions about the policyโs inclusions, exclusions, and limitations.
- Do Indiana home warranties offer other reimbursement options besides repairs? Kurt Walker, a real estate expert associated with Mill City Home Buyers, said that some companies opt for cash payouts instead of repairs. โHowever, you must be aware that the cash payout might not cover the cost of replacement,โ he said.
- How can I tell if a home warranty company is trustworthy? Peter Evering, a Business Development Manager for Utopia Property Management, said online reviews are key to understanding a companyโs customer relationship. He said, โReading customer reviews and ratings can provide insights into the experiences of other homeowners and help you gauge the level of customer satisfaction.โ
Our Conclusion
We selected Liberty Home Guard as the top Indiana home warranty company due to its excellent customer support and add-on coverage variety. American Home Shield offers comprehensive coverage options and industry experience. With Select Home Shield, you get basic home protection at an affordable price. We recommend getting quotes from multiple companies to find the best fit for your home.
Other Resources for Residents in Indiana
FAQ About Home Warranties in Indiana
Which Indiana home warranty is the best?
The best home warranty plan will depend on the type of coverage you need and your budget. The plan that provides you with the most coverage at the best value is one worth considering. We recommend any of the companies mentioned above as a solid choice for Indiana home warranty coverage.
Are these Indiana home warranty companies trustworthy?
Yes, these home warranty companies are trustworthy. Our team vetted each company and researched its brand reputation, customer reviews, and coverage plans. However, not every company is a trustworthy option. Before signing up for a plan, take the time to read your sample contract to better understand how the company operates, its provided customer service, and any coverage exclusions.
How long do I wait before using my home warranty in Indiana?
The waiting period for an Indiana home warranty can vary based on the company. However, most providers have a standard 30-day waiting period before you can file a claim. We recommend checking your home warranty policy for exact details on your wait period.ย
How Do I Find the Best Home Warranty Company in My Area?
Find in-depth reviews on the best home warranty companies for top cities in Indiana below:
Find Home Warranty Companies in IN
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.
Hereโs 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 companyโs 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.