High Limits Home Warranty: A Great Option for Homeowners

Regular home insurance does not typically cover maintenance costs, which can be a significant expense for homeowners. A home warranty, however, can provide coverage for the wear and tear of essential systems and appliances, such as HVAC and plumbing, helping to mitigate these costs.

Consider Choice Home Warranty for a high-coverage home warranty plan, as CNBC Select reviews the company and compares its plans and pricing to competitors.

Overview

In New Jersey, Choice Home Warranty provides two straightforward home warranty plans for both homeowners and sellers, with the option to add on additional coverage.

The company has a vast network of over 25,000 contractors and is available to accept claims at any time of the day or night. Along with the monthly fee for coverage, you will also be responsible for paying a technician's labor fee of $100 for each service call.

Unlike competitors such as AFC Home Warranty and American Home Shield, Choice Home Warranty charges a flat service fee of $100, which is different from their options of $75, $100, or $125 for your plan.

If you encounter any issues with the materials or labor provided by Choice Home Warranty, the service provider will guarantee the quality of the materials for 90 days and the quality of labor for 60 days. In the event of a complaint, the service provider is obligated to redo the job at no cost to you.

The most notable feature of Choice Home Warranty is its high coverage limits, with a $5,000 cap per covered item. This is what makes it stand out and earn a spot on our list of the best home warranties. In comparison, AFC Home Warranty offers a cap of $3,000 per item. Select Home Warranty has varying limits based on the item type, with $500 for appliances, plumbing, and electrical systems, and $3,000 for HVAC systems.

Choice Home Warranty provides service nationwide, except for Washington state.

Choice Home Warranty plans

The Basic and Total Plans are the two options offered by Choice Home Warranty, which come with a monthly fee that varies based on your home's location.

The Basic Plan is the most affordable option, with an average monthly cost of $46, as shared by Choice Home Warranty with CNBC. This plan covers a range of items and systems.

• Heating system
• Electrical system
• Plumbing system
• Plumbing stoppage
• Water heater
• Whirlpool bathtub
• Oven, range or stove
• Cooktop
• Dishwasher
• Built-in microwave
• Garbage disposal
• Ductwork
• Garage door opener
• Ceiling and exhaust fans

The Average Monthly Cost of the Total Plan is $55, which includes all the features of the Basic Plan and more.

• Air conditioning system
• Refrigerator
• Clothes washer and dryer

The provider also allows you to add the following optional coverages:

• Pool/spa
• Well pump
• Sump pump
• Central vacuum
• Limited roof leak
• Septic system
• Septic tank pumping
• Second refrigerator
• Stand-alone freezer

Standout benefits

In certain states, Choice Home Warranty's call centers only take service requests on weekends, holidays, and evenings when it's necessary for your health and safety.

Consider purchasing a single-payment home warranty plan to receive a month of free coverage and potentially save on home warranty costs.

You can be confident that your issue will be resolved quickly with Choice Home Warranty's four-hour response time for service requests.

How it compares

Choice Home Warranty offers a range of options, including simple plan structures with additional add-ons for customization, as well as consistent service fees and prompt response times.

When selecting a financial product, it's always beneficial to compare multiple options. For instance, some companies may provide more in terms of membership benefits. American Home Shield, in particular, stands out. Based on the plan, you can receive maintenance services, HVAC upgrade discounts, rekeying, tech installation and support, and more. Additionally, American Home Shield offers three plans to help you find the coverage that best suits your needs.

If your priority is to find affordable coverage, consider Select Home Warranty. The company offers discounts on all of its plans and provides free roof coverage.

Ensure you compare coverage limits, exclusions, and other terms when selecting quotes, as a lower price may not necessarily equate to a better deal if you're receiving less protection.

Bottom line

If you want high coverage caps and prefer a simple structure, Choice Home Warranty may be a good choice. However, other providers may offer more extra benefits and customization options.

Why trust CNBC Select?

Our goal at CNBC Select is to deliver top-notch service journalism and detailed consumer advice to our readers, enabling them to make well-informed decisions when it comes to their finances. Each home warranty review we publish is the result of thorough reporting by our team of experienced writers and editors, who possess a wealth of knowledge about home warranty products. At CNBC Select, we take pride in our commitment to journalistic standards and ethics, and we earn a commission from affiliate partners on many offers and links. However, our content is created independently by our team, without any input from our commercial team or external third parties.

Stay up to date with CNBC Select's comprehensive coverage of credit cards, banking, and money by following us on TikTok, Facebook, Instagram, and Twitter.