Best Home Warranty Companies In new mexico 2024

New Mexico’s enchanting landscape brings unique challenges to your home. From scorching desert heat to occasional winter freezes, your systems work overtime. Surprise breakdowns can disrupt your peace of mind. This guide explores the best home warranty companies in New Mexico to help you discover the perfect warranty for stress-free comfort and cost protection.

Our Picks: 5 Best Home Warranty Companies For new mexico Residents

We've explored top providers to identify the 5 best home warranty companies for New Mexico residents. Find your perfect fit!

Highly Rated By Customers

4.9 |

Excellent

$150 Off + 1 Month Free. 30 Day Free Trial!

Monthly Cost

$45 - $60

Service Fee

$70

Response Time

24 - 48 hours

(888) 580-5416

Pros & Cons

Pros

Option to choose preferred technicians
No waiting period for new homes with an inspection report
30-day free trial

Cons

No proper pricing on the website

Plans, Cost & Coverage

Elite Home Warranty offers three distinct plans: Elite Appliances, Elite Systems, and Elite Complete. Each plan is customizable with a choice of 15 home items. Under Elite Home Warranty, appliances receive coverage up to $7,000, while systems are protected up to $8,000 per contract term.

Here is a detailed analysis of the cost and plans offered by Elite Home Warranty:

	Elite Appliances	Elite Systems	Elite Complete
Cost at $70 Service Call Fee	$44.99	$49.99	$59.99

Elite Appliances

Covers eight essential home appliances
Appliances included in this plan are protected up to $7,000 per contract term
Ideal for New Mexico homeowners who want thorough appliance coverage

Elite Systems

Extends coverage to seven significant home systems
Systems are protected up to $8,000 under the contract terms
Tailored for individuals seeking comprehensive coverage for their home systems, meeting specific needs

Elite Complete

Comprehensive plan offers coverage for both home systems and appliances
Designed for homeowners to prioritize comprehensive coverage without overspending

Why We Picked It?

With Elite Home Warranty’s customizable coverage options, you can tailor your warranty to fit your specific needs, including coverage for up to 15 additional items. Additionally, their unique perks, such as adjustable service call fees, a 30-day free trial, regular discounts, etc., make them an attractive choice for New Mexico homeowners.

Best For Comprehensive Plans

4.1 |

Excellent

1^st month free + Free roof coverage

Monthly Cost

$46 - $55

Service Fee

$75 - $125

Response Time

Up to 48 hours

Pros & Cons

Pros

Provides free roof leak coverage
Flexible plan options and add-on coverage
24/7 customer support for assistance

Cons

Lower coverage limit

Plans, Cost & Coverage

Choice Home Warranty provides homeowners two options: the Basic Plan at $46 monthly and the Total Plan at $55 monthly. Service fees range from $75 to $150. The company offers coverage limits of up to $3,000 annually.

Let’s understand CHW’s plans and costs in detail.

Plans	Monthly	Yearly
Basic Plan	$46.83	$532
Total Plan	$54.75	$627

Basic Plan

Includes coverage for fourteen major systems and appliances
Covers electrical, plumbing, heating, and kitchen appliances
Ideal for New Mexico homeowners seeking basic protection

Total Plan

Encompasses all items protected by the Basic Plan, along with five additional essentials such as AC, refrigerator, and more
Suitable for anyone looking to cover essential home items

Why We Picked It?

One of Choice Home Warranty’s distinguishing features is the simplicity and convenience of its policy contracts, which contribute to its standing as a leading provider in the market. The experience of 13+ years coupled with a commitment to customer satisfaction has solidified Choice Home Warranty’s reputation as a trusted name in the industry.

The Industry Leader

4.5 |

Excellent

Monthly Cost

$29 - $69

Service Fee

$100 & $125

Response Time

Up to 48 hours

Pros & Cons

Pros

Offers generous coverage limits
Large network of contractors for easy repairs
Covers unknown pre-existing conditions

Cons

Offers limited options for add-on coverage

Plans, Cost & Coverage

American Home Shield provides homeowners with three plans: ShieldSilver, ShieldGold, and ShieldPlatinum. The monthly costs vary from $29 to $70, depending on the deductible options of $100 or $125.

Let’s take a look at the cost and plan details below.

	ShieldSilver	ShieldGold	ShieldPlatinum
Cost at $125 Service Call Fee	$29.99	$29.16	$59.16
Cost at $100 Service Call Fee	$39.99	$39.16	$69.16

ShieldSilver

Offers coverage to 14 major systems like heating, plumbing, and electrical
Tailored for homeowners seeking protection for fundamental home systems

ShieldGold

Extends its coverage beyond major systems to include kitchen and laundry appliances
Appliances are limited up to $2,000 per contract term
Ideal choice for New Mexico homeowners seeking moderate coverage

ShieldPlatinum

Provides comprehensive coverage, including additional perks like a free HVAC tune-up
Appliances are limited up to $4,000 per contract term
Suitable for anyone seeking extensive protection for their home

Why We Picked It?

With over 50 years of experience, American Home Shield has established itself as a reliable provider. It offers comprehensive coverage, a vast network of 17,000 contractors, and more. For homeowners in New Mexico, AHS presents itself as a home warranty option providing customizable coverage tailored to individual needs.

Best For Affordable Coverage

3.8 |

Excellent

$150 off + Free roof coverage + 2 months free

Monthly Cost

$44 - $47

Service Fee

$60 - $75

Response Time

12 - 48 hours

Pros & Cons

Pros

Extensive contractor network
Offers regular discounts
Same-day response on claims

Cons

Lower dollar limits for appliances

Plans, Cost & Coverage

Select Home Warranty offers three plans, including optional add-ons: Bronze Care, Gold Care, and Platinum Care. Select’s plans start at $44 monthly. The company also has an aggregate limit of $2,000 per item covered in your contract.

Here is a breakdown of Select’s costs and plans:

	Bronze Care	Gold Care	Platinum Care
Cost/Month	$44.42	$44.42	$47.75
Cost/Annum	$479.99	$479.99	$524.99

Bronze Plan

Protects eight major appliances such as refrigerator, microwave, oven, and dishwasher, etc
Suitable for New Mexico homeowners seeking appliance coverage under $45 per month

Gold Plan

Covers seven essential home systems
These are HVAC, plumbing, water heater, electrical, etc
Ideal for homeowners to prioritize coverage exclusively for home systems

Platinum Plan

Covers a total of eighteen systems and appliances
Includes home items from the other two plans, plus plumbing stoppages, garage door openers, and ceiling fans
Suitable for homeowners seeking comprehensive coverage with a monthly budget of $50 or lesser

Why We Picked It?

Select Home Warranty offers cost-effective home warranty plans designed to provide homeowners comprehensive coverage. As an added benefit, Select Home Warranty includes complimentary roof leak coverage with all of its plans, providing additional peace of mind for homeowners.

Best For Add-ons

4.7 |

Excellent

$200 Off + 2 Months Free + Free Roof Leak Protection

Monthly Cost

$50 - $60

Service Fee

$90

Response Time

Up to 48 hours

Pros & Cons

Pros

Offers workmanship guarantee of 60-days
Free roof leak protection available
Offers live chat option for customers

Cons

Lower coverage limits

Plans, Cost & Coverage

Liberty Home Guard offers three choices: Appliance Guard, System Guard, and Total Home Guard. Plans begin at $49 monthly, with a flat $90 service fee per visit.

Read more about the cost and plans offered by Liberty Home Guard:

	Appliances Guard	Systems Guard	Total Home Guard
Monthly Plan	$49.99	$54.99	$59.99
Annual Plan	$499.99	$549.99	$599.99

Appliances Guard

Covers nine main appliances like ovens, refrigerators, and dishwashers for normal wear and tear issues
Ideal for homeowners wanting extensive appliance coverage

Systems Guard

Protects six essential home systems such as HVAC and plumbing with repair and replacement coverage up to $500
Suitable for New Mexico residents aiming to safeguard vital home systems

Total Home Guard

Offers comprehensive coverage combining both Appliance and System Guard plans
Covers 15 essential home systems and appliances
Great for homeowners seeking total protection for their home

Why We Picked It?

Liberty Home Guard stands out among home warranty companies with widespread praise from satisfied customers across various platforms. With a high rating of 4.5 out of 5 and hundreds of positive reviews on our platform alone, it’s clear they excel in serving their customers. Their popularity is boosted by features like complete pest control, round-the-clock customer support, and comprehensive coverage for home appliances and systems.

OUR #1 PICK

$150 Off + First Month Free

Don't let broken appliance break the bank

4.9/5

(888) 580-5416

Are Home Warranty Plans Beneficial For New Mexico Homeowners?

Yes. A home warranty plan in New Mexico can be valuable for homeowners. Let’s find the reasons below.

Home warranty plans in New Mexico can cover essential systems like air conditioning, helping homeowners cope with the scorching desert heat of up to 100° F.
Home warranties often cover repairs or replacements for HVAC systems, ensuring homeowners stay comfortable in New Mexico's hot summers and chilly winters.
New Mexico homeowners can benefit from coverage for aging appliances like refrigerators and water heaters, reducing the financial burden of unexpected repairs or replacements.
New Mexico's arid climate can lead to dust and debris buildup, potentially affecting home systems.
Home warranty plans cover electrical systems, including wiring and circuit breakers, ensuring homeowners in New Mexico have reliable access to power without worrying about expensive repairs.
Most home warranty plans offer 24/7 emergency services, which are valuable when sudden HVAC or plumbing issues arise.

How Much Does A New Mexico Home Warranty Cost?

We have listed below the average premiums and deductibles you can expect to pay for a home warranty in New Mexico.

Average Annual Cost

$300 - $700

Average Monthly Cost

$30 - $80

Average Service Fee (Deductible)

$60 - $125

Factors Influencing The Cost Of The Home Warranty

Climate-Specific Coverage: New Mexico's climate, characterized by hot summers and cold winters in certain regions, may necessitate extensive coverage for HVAC systems. Plans with comprehensive coverage may be more expensive to ensure homeowners can maintain comfort year-round.
Local Service Availability: The availability of qualified service providers in New Mexico, particularly in remote or rural areas, can impact home warranty costs. Plans with a broader network of technicians capable of servicing homes throughout the state may command higher premiums to account for accessibility and service quality.
Property Age and Condition: The age and condition of homes in New Mexico, especially in areas prone to desert weather and dust, can influence home warranty costs. Larger properties may require more extensive coverage, hence increased premiums.

Home Warranty Coverage In New Mexico

Let’s explore some general coverage details about New Mexico home warranty.

General Coverage Of New Mexico Home Warranty

HVAC SystemsHome Warranty coverage includes heating, ventilation, and air conditioning systems, essential for New Mexico’s diverse climate, which ranges from hot summers to cold winters.
Major AppliancesComprehensive plans extend coverage for appliance repair in New Mexico for major items such as refrigerators, dishwashers, garbage disposals, microwaves, ranges, ovens, washers, etc. Such plans ensure that homeowners in New Mexico can rely on these without worrying about unexpected breakdowns.
Optional Add-OnsMost home warranty companies offer coverage for additional items, such as well pumps, pools/spas, or secondary appliances, allowing homeowners to customize coverage to suit their unique needs.

Common Exclusions

Acts of GodHome warranty plans exclude coverage for damages caused by natural disasters such as earthquakes, floods, etc.
Theft & AccidentsA home warranty plan does not cover any damage caused to the included items due to theft, robbery, and accidents.
Pre-existing ConditionsHome warranty plans often exclude coverage for pre-existing conditions or issues known to the homeowner before purchasing the warranty.

Here Are Some Additional Points To Consider

Cancellation PolicyUnderstand the cancellation policy of the home warranty plan, including any penalties or fees associated with canceling the contract.
Renewal TermsReview the contract and make sure you understand the renewal terms of your home warranty plan. Some plans require contract renewal, while some companies offer automatic renewal options.

Who Regulates Home Warranty Companies In New Mexico?

In New Mexico, there isn't a specific group that watches over home warranties, but the state does manage service contracts through the New Mexico Office of Superintendent of Insurance (OSI).

Home warranty companies also follow the rules set by industry groups. One such group is the National Home Service Contract Association (NHSCA), which monitors companies that are members.

New Mexico Office of the Superintendent of Insurance (OSI)The OSI regulates home warranty companies in New Mexico. It licenses home warranty providers to operate in the state and ensures companies meet specific financial and operational requirements. The OSI also investigates consumer complaints alleging deceptive sales practices or unfair claim denials.
New Mexico Attorney General's OfficeHome warranty contracts in New Mexico fall under the state's Consumer Protection Division. This division enforces the state's Unfair Practices Act, prohibiting deceptive and unfair business practices.

Final Word

In hot New Mexico summers, your devices can break down more often, leading to surprise repair bills. Having a home warranty can help you avoid these unexpected costs. By understanding essential terms about home warranties, you can pick the right plan for your New Mexico home and feel less worried about unexpected repairs.

OUR #1 PICK

$150 Off + First Month Free

Don't let broken appliance break the bank

4.9/5

(888) 580-5416

Frequently Asked Questions (FAQs)

What Are The Most Frequently Reported Appliance Repairs In New Mexico?

In New Mexico, common appliance repairs often center around factors influenced by the region’s arid climate and environmental conditions. Refrigerator malfunctions frequently involve cooling and icemaker issues.

Furthermore, the extremes in temperature may contribute to the frequent reporting of HVAC system problems, ranging from issues with heating and cooling systems to thermostat and air conditioning unit malfunctions. Additionally, the impact of hard water on water heaters makes repairs addressing sediment buildup, leaks, and heating element problems prevalent.

Are Home Warranties Worth It In New Mexico?

In New Mexico, a home warranty can be worth it for homeowners seeking financial predictability and peace of mind. Given the diverse climate and potential challenges, having coverage for unexpected repairs on home systems and appliances may provide valuable assistance in managing maintenance costs and ensuring the longevity of household items.

Is Old Republic Home Protection Available In New Mexico?

Yes, ORHP does provide its services in New Mexico and can be a worthy consideration for New Mexico homeowners.