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Homeownership can be expensive when systems and appliances break down. A home warranty can help cover the costs, but how much does it cost? Monthly premiums range from $27 to $90, with an additional service call fee of $60 to $150. Factors affecting pricing include the type of plan, location, and add-on coverage.

A home warranty is a service contract covering the repair or replacement of essential home systems and appliances when they malfunction due to wear and tear. Home warranty plans typically include coverage for HVAC systems, kitchen appliances, and washing machines. The cost of a home warranty can range from $27 to $90 per month and can be affected by deductible and location.

Multiple factors can influence the overall cost of a home warranty, including the type of plan, service call fee, location, type of home, and add-on coverage. Choosing a higher service fee, obtaining quotes from multiple providers, looking for plan discounts, or only covering what you need are some ways to potentially save money on a home warranty. Buying a home warranty is a good option for homeowners. Would you consider purchasing one?



Read more: How Much Does a Home Warranty Cost?