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- The national average cost for a home warranty is around $60 per month, which comes out to $720 annually. However, depending on the company you choose, the items you want covered and the length of your contract, you could pay anywhere from around $27 up to $125 per month, which brings your annual total to between $324 and $1,500.
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Aug 29, 2024 · A home warranty plan costs $57.83 per month on average in 2024, but the price you’ll actually pay depends on several factors, including your location and the coverage you choose.
- Whitney Vandiver
- 11 min
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- Appliances
- Systems
- Optional Add-ons
- How Much Do Common Repairs Cost?
One of the most common items that home warranties include is appliance coverage, often referred to as home appliance insurance. This includes items like refrigerators, stoves, ovens, dishwashers, microwaves, washers, dryers and even trash compactors. Should one of these items break, the homeowner can file a claim with their home warranty companyand...
System coverage is when home warranties cover the major systems within the home. This includes electrical, plumbing and HVAC systems, primarily. However, other systems may be eligible to add on, such as roofing, central vacuum, fire alarm and septic systems. These items will cost more to cover every month, but they can provide peace of mind for hom...
Basic home warranties aren’t comprehensive—some parts of your home won’t be covered. If you want extra coverage, you can add it onto your pan for an additional fee, ranging from a few dollars a month to $30 or more, depending on the specific add-on. Each company’s plans work differently, but you can often choose from add-ons like: 1. Roofing 2. Sep...
Home warranties are designed to cover common repairs, and in the right circumstances, they can save the homeowner money over the course of the year. Here are some of the most common repairs and their associated costs, with labor and materials combined:
Aug 30, 2024 · Key points. Home warranty premiums average $94 monthly or $1,033 annually. Home warranty service call fees cost $65–$150 per claim, with a national average of $99. Coverage level, service...
Jun 17, 2024 · A home warranty costs $690 annually on average, or $54-$61 per month, depending on your plan and coverage. Our home warranty survey revealed that 92.7% of policyholders were satisfied with their home warranty plan, while less than 1% were dissatisfied.
Feb 9, 2024 · A home warranty costs $420 to $720 per year or $35 to $60 per month for standard coverage, depending on a home's size and age. Higher-level plans cost $50 to $90 monthly and cover more appliances and systems. The average home warranty service visit fee is $75 to $125.
Apr 30, 2024 · Written by Dana Getz Reviewed by Michael Mansueto Updated 04/30/2024. Our team created a cost calculator to help you estimate the annual cost of a home warranty plan. Enter your monthly cost, service call fee, and expected number of claims, and click on “calculate.”
Mar 13, 2024 · A one-year home warranty typically costs around $300–$600 a year ($300 for basic coverage and $600 for more comprehensive plans). Most home warranties in this price range can cover over $20,000 worth of a home’s systems and appliances. On average, home warranties cost $50 per month.
