Find the Best Home Warranty in Phoenix, AZ

What to know about a home warranty in Phoenix

A home warranty pays to repair or replace items that break down under normal wear and tear. Think of it as a plan to cover what a homeowners insurance policy doesn’t cover since insurance covers repairs due to weather, accidents or theft (not wear and tear).

Home warranties can be purchased at any time. Often the best rates are when purchased in conjunction with buying a home. The cost and contract are usually for one year. The average home warranty in Phoenix costs $272 annually. This is several hundred dollars under the national average of $841. With most plans, you have the option to upgrade to a “platinum” or “VIP” service ranging from an extra $50 to $150. This can cover additional repairs and sometimes guarantees faster service.

Depending on the company, you can choose to pay the contract cost up front, split the cost into payment plans or pay monthly. If you are purchasing a home and the warranty is part of the real estate contract, the cost of the warranty may be part of the closing costs.

Call your Phoenix home warranty company to schedule a repair. They will send a partner contractor to make the repairs, and you pay the service fee or deductible. You usually do not get to choose the company that is sent to make the repairs.

Certain home systems and appliances are typically covered under home warranty plans. Others are only covered with upgraded plans. The Arizona Department of Insurance explains what a home warranty may cover as does the table below.

Common home repairs in Phoenix

Every homeowner can benefit from a home warranty, except for those purchasing a new build home that comes with a manufacturer’s or construction warranty. Warranties are particularly helpful when you own an older home with older appliances or a home that is used as a rental and the owner cannot be on-site to manage repairs.

When reviewing home warranty companies in Phoenix, it’s important to read the contract and understand what is included and excluded. There could be hidden details or costs. You also want to make note of the service fee and any additional costs you may be responsible for. Additional costs could include equipment like a crane to install a new air conditioner, the cost to reach plumbing or electrical systems in the wall and the cost to repair damage caused to drywall or paint when these systems were accessed.

Finally, research customer reviews of home warranty companies and if there are complaints against them with the Better Business Bureau.