Homeowners Warranty: All You Need To Know

A home service contract is not your homeowner's
insurance policy. It's a separate contract covering repairs on
systems and applicances in your home

What’s a homeowners warranty?

A homeowners warranty is the same thing as a home warranty. It’s a means of protecting your investment, helping to covering the costs for repair or replacement of appliances or systems in your home that have broken down due to normal wear and tear.

This can range from kitchen appliances to your HVAC system and plumbing. Learn more about what a home warranty covers.

How do I use my home warranty?

If you have a home warranty, a time will come where you need to use it. It’s unfortunate, but all of the appliances and home system components around our homes will eventually break down.

We Provide a Peace of Mind

Select Home Warranty (SHW) will help you get it repaired
by a qualified service contractor in three simple steps:

1. Submit Claim

When something happens, call or contact us online. Our team can open a claim for your service request 24/7. The fastest, easiest way to make your claim is through our website. If you’re an existing SHW customer, all you have to do is complete this form.

2. Local Professional

Finding the right professional is difficult. Let us do all the heavy lifting! We have a large network of professionals throughout the country. Our team will find the right person for the job and get them out to your home to fix the problem.

3. Repair & Replacement

We’ll repair or replace your covered item. You pay a minimal service fee. Simple as that.

For a more in-depth guide to making a claim, view our full explanation on how home warranties work.

How’s it different from homeowners insurance?

Just as homeowners insurance covers things a home warranty doesn’t, your home warranty covers circumstances that won’t fall under the policy with your insurance company.

Homeowner insurance is typically intended to protect you financially in the event of a serious accident that affects your home. These policies typically cover disasters including fire damage, theft and vandalism, damage from severe storms, even structural damage from a fallen tree.

Insurance on your house won’t cover the costs of repairing plumbing leaks, nor will it cover fixing your dishwasher, a malfunctioning sprinkler system, or issues with your clothes washer and dryer. For these situations, you want a home warranty.

Here’s a more comprehensive list of issues your home warranty can cover that homeowners insurance won’t touch:

Shape Created with Sketch. HVAC System
Shape Created with Sketch. Garage Doors
Shape Created with Sketch. Pools & Hot Tubs
Shape Created with Sketch. Electric Systems
Shape Created with Sketch. Plumbing & Sump Pumps
Shape Created with Sketch. Refrigerators & Freezers
Shape Created with Sketch. Garbage Disposals
Shape Created with Sketch. Microwave Ovens
Shape Created with Sketch. Other Home Appliances

Ultimately, home warranties and homeowners insurance work best together. They’re complementary, blending to offer the most comprehensive coverage you can have for your home.

You’ll find a more in-depth comparison of home warranties vs homeowners insurance on our blog.

Who can buy a homeowners warranty?

Existing homeowners can buy a home warranty for their house at any time. Of course, home warranties are also super popular among sellers and realtors, as they can provide interested buyers with peace of mind. This often leads to a higher sale price and a faster sell time.

To put it simply, if you deal in real estate, a home warranty can be a powerful add-on incentive for buyers.

How long does a homeowners warranty last?

Your homeowners warranty with SHW will last one year from the effective date of your service contract. This is a pretty standard term for most home warranties, and if you like your coverage, renewal is effortless.

Hear what customers have to say about Select Home Warranty

"I do sleep better at night knowing I have Select Home Warranty. I absolutely do."
Leslie C.

Can warranties transfer to new homeowners?

Yes! Whether you’re moving next week or next year, buying a home warranty now is only going to benefit you. Home warranties are 100% transferrable at the time of sale, meaning it’s easy to pass the peace of mind from your service plan along to the new homeowner.

All aspects of your current coverage will transition to whoever buys your home. This includes the coverage for roof leaks offered free as part of every Select Home Warranty plan.

For more information on home warranties and how they benefit sellers, check out our guide.

How much does a homeowners warranty cost?

Prices vary from plan to plan, which is why it’s important to consider the coverage you need. Fortunately, we make it easy to find the perfect plan for you. Naturally, quotes are completely free with no obligation.

Check out what our plans cover and get your free quote to save $150 on any plan and get two extra months free.

Why choose SHW for your homeowners warranty?

Beyond flexible plans, affordable premiums, and rave customer reviews, Select Home Warranty is frequently rated among the best providers in the business.

Forbes gave us tremendous praise in their review of our service. The publication called us a “top home warranty provider,” writing:
“A home warranty can be an excellent option to protect your home investment. When coupled with a good homeowners insurance policy, you can have most of your bases covered.”

In the same review, they also gave SHW high marks for our pricing and plans structure:
“The company offers great discounts for new customers… and they offer multiple comprehensive plans and add-on coverage items so that customers can easily get the coverage that they need.”

This Old House also loved our “unique offerings and low premiums,” scoring us an 89/100, stating:
"Some of the company’s best features include free roof coverage, seasonal promotions, budget-friendly pricing, and distinct systems [and] appliances plans.”

MarketWatch recommend us for our “solid industry experience,” rating us a 4.5 out of 5, explaining:
“[SHW] stood out for its budget-friendly plan options, quick claim response time and solid reputation in the industry. It scored well for coverage options, plan pricing, trustworthiness, customer service, state availability and additional benefits.”

You’ll find more great reviews online, but we think our customers’ opinions matter most. See all our customer reviews.

Own a home? We've got you covered!

The best time to invest in a home warranty is now. The sooner you start coverage, the sooner you can rest easy knowing your home and your wallet are protected against unexpected breakdowns and malfunctions.

Purchasing a home warranty is easy! With Select, it all starts with a free quote. See our current offers and find the perfect plan for you.

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