If you are a homeowner, you understand the importance of protecting your home appliances. From the refrigerator to the HVAC system, these appliances are essential to your daily life. However, what happens when they break down? Repairs or replacements can be costly, but having a home appliance insurance policy can help alleviate the financial burden. In this article, we will discuss the lowest home appliance insurance companies in the USA.
What is Home Appliance Insurance?
Before diving into the best companies, it is essential to understand what home appliance insurance is. Home appliance insurance is a policy that covers the repair or replacement costs of household appliances. These policies usually cover a range of appliances, including refrigerators, stoves, dishwashers, and HVAC systems.
Top 5 Lowest Home Appliance Insurance Companies
- American Home Shield
- Select Home Warranty
- Choice Home Warranty
- Liberty Home Guard
- Total Home Protection
American Home Shield is one of the most popular home warranty companies in the USA. The company has been in business for over 50 years and has a reputation for excellent service. American Home Shield offers three different plans: the Systems Plan, the Appliances Plan, and the Combo Plan.
The Systems Plan covers items like your HVAC system, plumbing, and electrical systems. The Appliances Plan covers items like your refrigerator, oven, and dishwasher. The Combo Plan covers both systems and appliances.
Select Home Warranty is another popular home warranty company that offers affordable coverage. The company offers two plans: the Gold Care Plan and the Platinum Care Plan.
The Gold Care Plan covers items like your water heater, plumbing, and electrical systems. The Platinum Care Plan covers items like your refrigerator, oven, and dishwasher, as well as your HVAC system.
Choice Home Warranty is a company that offers comprehensive coverage for your home appliances. The company offers two plans: the Basic Plan and the Total Plan.
The Basic Plan covers items like your refrigerator, oven, and dishwasher. The Total Plan covers those items as well as your HVAC system, plumbing, and electrical systems.
Liberty Home Guard is a newer company in the home warranty industry but has quickly become a popular choice for homeowners. The company offers three plans: the Appliance Guard Plan, the Systems Guard Plan, and the Total Home Guard Plan.
The Appliance Guard Plan covers items like your refrigerator, oven, and dishwasher. The Systems Guard Plan covers items like your HVAC system, plumbing, and electrical systems. The Total Home Guard Plan covers both appliances and systems.
Total Home Protection is another newer company in the home warranty industry but has already received positive reviews from customers. The company offers two plans: the Gold Plan and the Platinum Plan.
The Gold Plan covers items like your refrigerator, oven, and dishwasher. The Platinum Plan covers those items as well as your HVAC system, plumbing, and electrical systems.
How to Choose the Right Home Appliance Insurance Company
When choosing a home appliance insurance company, there are several factors to consider. First, you should consider the coverage options and choose a plan that best fits your needs. You should also consider the company’s reputation, customer service, and pricing.
It is important to read reviews and do your research before choosing a home appliance insurance company. Make sure you understand the terms and conditions of the policy and any exclusion that may apply.
Here is a comparison table outlining the features and pricing of the top 5 lowest home appliance insurance companies in the USA:
It’s important to note that pricing and coverage options may vary based on your specific needs and location. BBB ratings may also change over time, and it’s recommended to read reviews and do your own research before making a decision on which company to choose.
Conclusion
Home appliance insurance can provide peace of mind and protect you from unexpected repair or replacement costs. The companies listed above offer affordable coverage for your household appliances. However, it is essential to do your research and choose the company that best fits your needs and budget. By considering the coverage options, reputation, customer service, and pricing, you can make an informed decision and protect your home appliances.
Frequently Asked Questions
- Is home appliance insurance worth it?
Yes, home appliance insurance can be worth it if you have several household appliances that are likely to need repairs or replacements in the future. It can provide peace of mind and protect you from unexpected costs.
- What appliances are typically covered by home appliance insurance?
Home appliance insurance typically covers appliances like refrigerators, stoves, ovens, dishwashers, and HVAC systems.
- Is there any exclusion to home appliance insurance coverage?
Yes, most home appliance insurance policies have exclusions for pre-existing conditions, cosmetic damage, and intentional damage.
- How much does home appliance insurance cost?
The cost of home appliance insurance varies depending on the company and the coverage options. However, most policies range from $30 to $50 per month.
- Can I purchase home appliance insurance at any time?
Yes, you can purchase home appliance insurance at any time. However, some companies may require a waiting period before coverage begins. It is important to read the policy terms and conditions carefully to understand the waiting period and any other restrictions.
-
39-year-old makes about $18,000 a month in passive income without a college degree: ‘I work only 4 hours a day’
After dropping out of college in 2007, Amy Landino started a side hustle creating videos and doing social media. Ultimately she was able to quit her day job.
-
33-year-old mortician doesn’t fear death and is ‘wildly happy’ earning $87,000 a year: I haven’t ‘gone home sad a single day’
The first time Victor M. Sweeney observed an embalming, it was for an 18-year-old woman who had died in a car crash just before her high school graduation. At the …
-
All sides claim victory in Georgia election as exit polls give different results
Supporters of the Georgian Dream party celebrate at the party’s headquarters after the announcement of exit poll results in parliamentary elections, in Tbilisi, Georgia October 26, 2024.. Irakli Gedenidze | …
-
Biden says Elon Musk was an ‘illegal worker’ when he began U.S. career
Joe Biden, left, and Elon Musk. Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images. President Joe Biden called out Tesla and SpaceX CEO Elon Musk, now a …
-
39-year-old makes about $18,000 a month in passive income without a college degree: ‘I work only 4 hours a day’
After dropping out of college in 2007, Amy Landino started a side hustle creating videos and doing social media. Ultimately she was able to quit her day job.
-
39-year-old makes about $18,000 a month in passive income without a college degree: ‘I work only 4 hours a day’
After dropping out of college in 2007, Amy Landino started a side hustle creating videos and doing social media. Ultimately she was able to quit her day job.
