Top Home Warranty Companies

There are a variety of home warranty companies out there, but which is the best? While it may seem that each home warranty company has the same coverage, nothing could be further from the truth.

Home warranty companies can cover many different parts of a home and a variety of customers as well, including builders, real estate professionals and homeowners. While some home warranty companies only offer structural warranty coverage for new construction homes or systems and appliances coverage for homeowners, 2-10 Homebuyers Warranty® (2-10 HBW) is the only company that offers both.

Differences between Structural Warranties and Systems and Appliances Service Agreements

Structural Warranties

Structural warranties provide coverage to protect builders from legal liability and to increase home buyer satisfaction by protecting their investment. 2-10 HBW offers structural warranties in 1-2-10 increments.

The 1 year insurance-backed portion of a 1-2-10 warranty includes items such as roof covering, cabinets, counter tops, door panels, exterior siding, hardwood floors, basement floors, ceramic tile, drywall, interior trim, paint and fireplaces. The 2 year insurance-backed warranty is a builder’s surety warranty covering behind-the-wall system mechanical defects, including supply piping, waste piping, ductwork and electrical wiring. The 10 year insurance-backed structural home warranty is always included in a 1-2-10 or 2-10 warranty. The 10 year warranty covers the load bearing aspects of a new home, including roof framing, load-bearing walls, beams, columns, foundation and floor framing.

Systems and Appliances Service Agreements

Systems and Appliances Service Agreements can be purchased at any point in the lifetime of a home. A Systems and Appliances Services Agreement covers the repair or replacement of systems and appliances that have failed due to normal wear and tear, including parts and labor. Covered systems include plumbing, furnace, the air conditioner, the hot water heater, electrical panels and wiring. Covered appliances include the refrigerator, oven, dishwasher, built-in microwave, disposal, washer and dryer.

Top Home Warranties and Coverage Plans

When considering the coverage that a top home warranty company offers it’s important to look at multiple variables.

  1. Types of Coverage Available

Each home warranty company caters to a different type of coverage- while some focus upon homeowner home warranties, others provide warranties for builders and agents to distribute. A select few, such as 2-10 HBW, even provide coverage options to all three, creating wide-ranging home warranty coverage options. When researching the best structural warranty or service agreement, it is important to focus upon a company that not only provides the type of coverage you need, but also has ample experience providing that coverage.

  1. Extent of Coverage

Ensure that the service agreement or warranty you are considering aligns with your personal needs.

  1. Customer Service

In the event of a claim, you will be working directly with a customer service representative from your home warranty company. Ensure that you select a company that has quality customer service.

The top home warranty companies will offer a variety of coverage plans, making sure that their customers are supported when and how they need to be.

Selecting a home warranty can be a difficult process, but it doesn’t have to be. Considering the above factors will help you understand what you need in a home warranty service agreement. To learn more about 2-10 HBW and the right service agreement or structural warranty for your home or new construction, contact call 800.743.4210.or visit 2-10.com.