When protecting your home’s systems and appliances from unexpected breakdowns, understanding the cost of a Choice Home Warranty is essential. Choice Home Warranty offers affordable plans that provide coverage and peace of mind, but what factors influence the overall cost, and what should you expect to pay?
Choice Home Warranty Plans and Their Costs
Choice Home Warranty offers two main plans:
Basic Plan: Covers essential systems like heating, plumbing, electrical, and key kitchen appliances such as ovens and dishwashers.
Total Plan: Includes everything in the Basic Plan plus additional appliances like refrigerators, washers, and dryers.
The annual premiums for these plans generally range as follows:
Basic Plan: Around $350 to $450 per year
Total Plan: Around $500 to $700 per year
Besides the yearly premium, you also pay a service call fee every time a technician visits your home. This fee is usually about $85 and covers the technician’s diagnosis and repair visit.
Factors That Affect Your Choice Home Warranty Cost
Location: The cost can vary based on where you live because labor and parts costs differ regionally.
Home Size and Age: Larger or older homes might require more comprehensive coverage, potentially increasing your premium.
Add-On Coverage: Extras such as pool and spa equipment or sump pumps increase the overall cost.
Plan Type: The more comprehensive the plan, the higher the annual premium.
What’s Included for the Cost?
The cost covers repairs or replacement of covered items when they fail due to normal wear and tear, helping homeowners avoid large unexpected expenses. However, certain exclusions and coverage limits apply, so it’s essential to read the contract carefully.
Is Choice Home Warranty Cost Worth It?
For many homeowners, the cost balances well with the value of peace of mind and financial protection. It’s especially beneficial if your home has older systems or appliances that could require costly repairs.