When a home system or appliance breaks, it can be a hassle to get it fixed. An Iowa home warranty will provide coverage for major systems and appliances that break down due to normal wear and tear. This type of plan protects your budget, gives you peace of mind, and ensures that the repair and replacement process is hassle-free.
Our team reviewed the best home warranty companies in the United States. Read on for more details about our top providers in Iowa.
Iowa’s Top 5 Home Warranty Companies
The highest-rated Iowa home warranty companies include the following:
Summary of the Best Home Warranty Companies in Iowa
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.
Life span and repair cost data sourced from InterNACHI and The Home Depot
How Are Home Warranties Regulated in Iowa?
Iowa’s Insurance Division (IID) regulates home warranties. The IID follows the legislature outlined in Iowa’s Chapter 523C insurance code to ensure home warranty companies adhere to the established regulations. For example, section 523C.5 highlights the financial requirements home warranty companies must follow to obtain a license to sell service contracts, such as maintaining a reserve fund.
If you believe your home warranty company is ignoring its contractual obligations, you can file a complaint with the IID.
How Much Does a Home Warranty Cost in Iowa?
Based on the pricing information we pulled from our top Iowa providers, expect to pay an average of $49 per month for an Iowa home warranty. If you prefer to pay annually, expect to pay roughly $588.
Several components affect the cost of a home warranty. The main contributors to your coverage plan’s price are the premium and service call fee. Most companies base premiums on the extent of their plans’ coverage. Our research shows companies that cover more items price their plans higher. Additionally, some companies allow you to customize your coverage cost via flexible service call fees. We suggest pulling quotes from three providers to compare coverage and plan costs.
Do Home Warranties Cover HVAC Systems?
Due to Iowa’s warm, humid summers and cold winters, your home’s cooling and heating systems are integral for you and your family’s comfort. Over time, your HVAC system can break down due to regular use. According to an InterNACHI report, the average life expectancy of an HVAC system ranges from seven to 25 years. If your heating or cooling system is within that age range, it’s likely to experience a breakdown sooner rather than later. A home warranty can provide financial protection for an unexpected HVAC malfunction.
Although a home warranty won’t cover all HVAC breakdowns, it does cover the components necessary for the system to function. We recommend reading your provider’s fine print for coverage terms and exclusions.
How Does an Iowa Home Warranty Work?
If a covered item breaks down, submit a claim with your home warranty company online or over the phone. Once your claim is approved, your company will assign a contractor to your case. After scheduling an appointment with your contractor, they’ll come to your house to diagnose the issue and offer a repair or replacement.
Note: Most companies don’t let customers choose their own service contractors.
Expert Takes on Home Warranties
Our team sourced experts across various industries and asked them questions homeowners have about home warranties. Their answers are down below:
- How should I pick the best Iowa home warranty? Patrick Grayson, a Paramount Property Buyers real estate agent, suggests confirming the type of coverage a provider offers. “When shopping for a home warranty, consider the coverage that each company offers and make sure it fits your needs,” he says.
- Should I know anything about the home warranty claims process? According to David Tully, founder of LPT Realty, you should be aware of a home warranty provider’s response time. “You need to understand how to file a claim to your provider and how quickly you can expect a response from them. Also, get to know the turnaround time they would take for the repairs and replacements.”
- When does my Iowa home warranty coverage start? Ryan Hawker, cofounder of H3 Homebuyers, states there is a waiting period before you can use your home warranty. “Your coverage begins typically after 30 days of signing a contract.”
We recommend American Home Shield for those who want guest unit coverage and flexible service fees. Liberty Home Guard is a solid choice for customers who want an unbeatable list of unique add-on options and responsive customer service. First American Home Warranty offers generous coverage caps and comprehensive plan options. Select Home Warranty is an excellent choice for budget-conscious homeowners. AFC Home Club provides peace of mind with its plan-length workmanship guarantee.
We recommend getting a quote from at least three companies so you can compare coverage options and choose the company that best suits your home protection needs and budget.
How Do I Find the Best Home Warranty Company in My Area?
Find in-depth reviews on the best home warranty companies for each state and major U.S. city below.
Our Rating Methodology
The This Old House Reviews Team backs 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 out of 100.
To share feedback or ask a question about this article, send a note to our Reviews Team at firstname.lastname@example.org.