Best Rated Home Warranty Companies 2024
Blacklisted Home Warranty Companies
Home warranty coverage can be incredibly beneficial, offering homeowners peace of mind by protecting them from unexpected repair costs. However, not all companies operate with integrity. Unfortunately, there are businesses that engage in misleading practices, leaving homeowners frustrated and financially hurt. It’s essential to thoroughly research any home warranty provider before committing. We recommend reviewing platforms like the Better Business Bureau (BBB), where you can find unbiased reviews and complaints, helping you make an informed decision and avoid bad actors in the industry.
Priority Home Warranty (PHW)
PHW is no longer in business due to its reputation for delays in claims processing and frequent denials of legitimate claims. The company faced numerous consumer complaints about poor customer service and failure to provide the agreed-upon coverage.
Amazon Home Warranty (AHWP)
AHWP is no longer in business after being frequently criticized for misleading marketing practices and failing to pay out claims. Customers reported hidden fees, lack of transparency, and unmet service expectations.
First Premier Home Warranty (FPHW)
FPHW is blacklisted due to its pattern of denying valid claims, offering poor customer service, and being known for manipulating its reputation by using fake reviews. Many consumers reported delays and failures in getting timely repairs and replacements, which damaged the company's credibility.
Complete Care Home Warranty (CCHW)
CCHW is no longer in business after being accused of scamming customers by not honoring claims or contracts. The company’s lack of responsiveness and broken promises led to its eventual closure.
Harmony Home Warranty (HHA)
HHA is no longer in business following numerous complaints of deceptive marketing and failure to honor contract terms. Customers were left without the services they had paid for, leading to the company’s demise.
Global Home Protection (GHP)
GHP is no longer in business due to its poor claims handling and failure to provide adequate repairs or replacements. Widespread customer dissatisfaction and lack of accountability contributed to its downfall.
Secure Home Warranty (SHW)
SHW is no longer in business after facing multiple allegations of fraud, including charging customers for services that were never delivered. The collapse of trust in the company forced it out of the market.
American Home Guard (AHG)
AHG is no longer in business after multiple instances of failing to fulfill its contractual obligations. Frequent claims denials and inadequate customer support led to its shutdown amid legal challenges and customer dissatisfaction.
365 Home Warranty (365)
365 is no longer in business following numerous complaints of poor service, denied claims, and lack of communication. These practices severely damaged the company’s reputation, leading to its closure.
Allied Home Warranty (AHW)
AHW is no longer in business after facing ongoing customer complaints about long wait times, denied claims, and poor service. Its failure to meet customer expectations contributed to its downfall.
The Importance and Benefits of Home Warranty Coverage for Homeowners Nationwide.
Owning a home is one of the most significant investments many people make in their lives. However, with homeownership comes the inevitable wear and tear of essential systems and appliances. When major items such as your HVAC system, electrical wiring, plumbing, or kitchen appliances break down, the repair or replacement costs can be overwhelming. This is where having a home warranty comes in as a valuable safeguard.
A home warranty provides coverage for the repair or replacement of covered items when they break down due to normal wear and tear. While many homeowners have homeowner's insurance, it generally doesn’t cover everyday appliance and system breakdowns. This is where a home warranty can save you not just money, but also time and stress. Here's why it’s essential for homeowners nationwide to consider a home warranty and how to choose the right provider.
1. Significant Savings on Repairs and Replacements
When a key system or appliance breaks down, repair costs can quickly add up. For example, replacing a broken air conditioning system can cost thousands of dollars, and even smaller repairs, such as fixing a water heater or a dishwasher, can be several hundred dollars. With a home warranty, instead of paying these high out-of-pocket expenses, you typically pay a much smaller service fee. This can result in significant savings over time, particularly if multiple items in your home require repair or replacement.
2. Protection Against Unpredictable Expenses
Homeownership is full of surprises, and unexpected breakdowns often happen when you least expect them. Having a home warranty gives you peace of mind, knowing that you're covered for many major household items. Instead of scrambling to find a repair technician or budgeting for an emergency expense, you can file a claim with your warranty provider and get the issue taken care of.
3. Convenience and Time-Saving
One of the often-overlooked benefits of a home warranty is the convenience it offers. When something breaks down, you don’t have to spend time searching for a qualified contractor or repair service. Instead, your warranty provider typically has a network of vetted professionals ready to address your issue. This can save you time, effort, and the headache of dealing with unverified repair companies that may charge you excessively.
4. Avoiding Scams and Bad Business Models
The home warranty industry, like any other, has a mix of reputable and less trustworthy companies. Unfortunately, there are some warranty providers with business models designed to take advantage of consumers, whether by offering subpar service, hidden fees, or outright scams. That's why doing your research before selecting a home warranty provider is critical.
One of the best ways to protect yourself is by checking the company’s accreditation and reviews with the Better Business Bureau (BBB). The BBB assigns ratings based on customer feedback and how a business handles disputes and complaints. Accredited businesses have met the BBB’s strict standards, which is a sign of credibility and reliability. Additionally, looking for companies with a proven track record of honoring their warranties and providing good customer service can help you avoid falling into the trap of unreliable providers.
5. Peace of Mind
A home warranty offers more than just financial protection—it gives you peace of mind. Knowing that you’re covered for many of your home’s essential items allows you to focus on enjoying your home instead of worrying about when the next repair bill will come. This peace of mind is especially important for first-time homeowners, those living in older homes, or homeowners with aging appliances and systems.
6. Tailored Coverage
Home warranty providers often offer a range of plans, so you can select coverage that fits your specific needs. Some plans cover basic systems like heating and cooling, plumbing, and electrical systems, while others may extend to additional appliances like washers, dryers, or even pool equipment. Tailored coverage means you won’t be paying for protection you don’t need, and you can ensure that your most important systems and appliances are covered.
7. Choosing the Right Provider
When selecting a home warranty provider, take the time to thoroughly research your options. Here are some steps to help you make the best decision:
Check BBB Accreditation: As mentioned, always verify that the company is BBB-accredited. This will help ensure that the business is reputable and has a history of resolving customer issues fairly.
Read Reviews: Look for customer reviews, both positive and negative, to get a better idea of the company’s service quality. Pay attention to how the company responds to complaints, as this can be an indicator of how they’ll treat you if something goes wrong.
Understand the Contract: Be sure to read the fine print of the warranty contract. Understand what is covered, what is excluded, and any potential fees beyond the standard service fee. Some companies have caps on how much they will pay per repair, so it's important to be aware of these limitations.
Ask About Service Providers: Ask the warranty provider about their network of contractors. Do they have qualified and licensed professionals? Are their service providers highly rated?
Conclusion
A home warranty is a smart investment that can save homeowners money, time, and frustration. It offers protection for your home's major systems and appliances, ensuring that when they break down, you won’t be hit with hefty repair bills. By choosing a trustworthy and BBB-accredited provider, you can avoid scams and bad business models, making sure your home is covered by a company that will deliver on its promises. With the right home warranty, you can enjoy your home with peace of mind, knowing you’re prepared for whatever breakdowns come your way.