Looking for the best home warranty for a well?
Perfect, you’re in the right spot. In this guide you’ll learn:
- Will home warranty plans cover well pump replacement?
- Is home warranty coverage worth it for your well?
- Do the best home warranty companies cover wells with pre-existing conditions?
- How long do you have to wait to use your home warranty plan after purchase?
- What are the most important things to look for when comparing the top home warranty companies?
- What is the best home warranty policy for your home well and well pump?
We’ve reviewed 68 different home warranty companies, and below are our top picks for wells specific to your state. Want to know which companies are the best and why? Keep reading!
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Our Top Home Warranty for Well Picks
Top 3 Home Warranties for Wells
|Provider||Best For||Monthly Cost||Service Fee||BBB Rating|
|Choice Home Warranty||Best Overall||$40 – $48||$85||B-|
|Liberty Home Guard||Best Customer Service||$40 – $60||$60||A|
|American Home Shield||Most Customizable||$50 – $60||$75 – $150||B|
Choice Home Warranty (Best Home Warranty for Wells)
Choice Home Warranty is the best home warranty for wells. Ensuring that your well pump remains in good working order is essential for the functionality of your home. Since a well is not something all homes will have, Choice Home Warranty offers well pump coverage as an add-on. To add the well to your home warranty plan will cost around $8 per month. However, with the fair pricing of the Choice Home Warranty, this additional money will likely be well worth the coverage that you receive. A company like American Home Shield will also charge $8 per month; however, their basic policy options are much more costly than Choice Home Warranty.
If you need coverage for your well, chances are you could use coverage on things like your microwave, oven, ceiling fans, HVAC, electrical system, and more. With both the Basic Plan and Total Plan from Choice, you will get a combination of systems and appliances included in your coverage. With other plans like Select Home Warranty, the more affordable coverage choices will protect only appliances or systems, and not both. Both plans that Choice offers are combo plans with comprehensive coverage, which sets Choice apart.
Choosing a home warranty plan can be overwhelming, and sometimes it can take examining the more minor details of the company to know which is the best plan for you. With Choice Home Warranty, you can get emergency repair service, free reservice on any failed repairs, and a clear and concise home warranty contract. Choice has been a leading home warranty company for more than a dozen years; they can certainly be trusted with all of your well pump needs.
New customers need to take advantage of the incentives that Choice Home Warranty is currently offering. With $50 off your policy, free cancellation for the first 30 days, and an entire month free, now is a great time to start your Choice Home Warranty plan.
American Home Shield (Editor’s Choice)
American Home Shield is the editor’s choice for the best home warranty for wells. The American Home Shield plan stands out as being different from other plans because of a customer’s ability to customize the plan and built it out based on specific needs. The American Home Shield plan lets you choose your monthly premium and your deductible to work with your budget. This is something that both Choice and Select Home Warranty do not offer. With American Home Shield, you can get your plan to work specifically for your budget and the requirements of your home.
The American Home Shield well coverage will be sold as an add-on. The AHS plans have more add ons than any other plan on the market. The most impressive thing about the well coverage add-on is that the policy limit is $1500. With other plans like Select Home Warranty, the policy limit is only $400. The $1500 limit will allow a repair technician to come in and offer a true fix for the issue without you having to come out of pocket. For just $8.33 a month, the well pump coverage is added to your American Home Shield policy, giving you tremendous peace of mind about the interior and exterior of your home.
It is not always easy to find a savings coupon or deal on a home warranty policy. However, for a limited time, you can get $50 off your American Home Shield plan. Now is a great time to ensure your well is properly covered.
Select Home Warranty (Most Affordable)
Select Home Warranty offers the most affordable home warranty coverage for a well. Where some companies are going to charge over $8 per month to add a well pump onto a plan, the Select Home Warranty coverage is just over $5 per month. Select Home Warranty offers the most affordable overall appliance and system coverage on the market. If you are interested in a home warranty but worried about what the costs will do to your monthly budget, this is the plan to consider. In addition to the affordability of the monthly payments, the service fee or deductible is only $65. With American Home Shield, you can pay close to $125 for the service fee.
The Select Home Warranty policy is the only one to offer free roof leak coverage. Having a leak in the roof is not just bad for the roof; it can also cause damage to other systems and appliances in the home. Select Home Warranty would like to avoid this from happening and have therefore included this as part of their policy. Select has been around for more than ten years, and they have a simple claim submittal process. In addition, as long as you keep your home and appliances in good working order, the chance of claim denial will be low. The sign-up incentive or bonus that Select Home Warranty offers is the best on the market.
For a limited time, you will get $150 off, two months free, and 30 days of no cancellation fees when you sign up for the Select Home Warranty plan. There has never been a better time to get your well pump covered as part of your home warranty.
What's In This Guide?
Water is essential for life. So, it’s critical that your home always has constant access to water for drinking, cooking, cleaning, and bathing purposes.
But, if your home gets well water instead of municipal water, then you’re on the hook for the cost of maintaining and repairing your well. That can get expensive quickly, particularly if you need to replace your home’s well pump.
Thankfully, a home warranty plan from a leading provider can help cover the costs of maintaining and repairing your home’s well, in addition to other major systems and appliances. That being said, we understand how difficult it can be to find the right warranty plan for your needs, so we’ve created this ultimate guide.
If you’re looking for a trusted, industry-leading home warranty company, we recommend Choice Home Warranty. They’re a top-rated brand and right now you can take advantage of their current promotions that get you $50 off, plus one free month and free 30-Day cancellation. Get a free online quote or contact a specialist at 929-400-6169 before these deals end. Another great option is American Home Shield which offers $50 off. Get a free quote online or you can call a home warranty specialist directly at 866-464-7521.
Up next, we’ll walk you through the basics of warranty plans for home wells. We’ve even completed a comprehensive review of 68 different warranty companies out there to find the top 5 home warranty plans for your well that are available on the market today.
Do Home Warranties Cover Well Replacement?
Home warranty plans that include coverage for wells will help cover the cost of well pump replacement or repair. However, most policies will not cover the cost of redrilling a well as they are designed only to protect your well pump.
Is A Home Warranty Worth It For A Well?
A home warranty plan is worth it for your well. Here’s why:
Financial Protection From Home Repair Bills
If your home relies on well water, you’re liable for the cost of repairing and maintaining any issues you might have with your well. Unfortunately, wells are quite expensive so you might find that you end up spending thousands of dollars a year just on well expenses!
In fact, it costs an average of $1000 to replace a well pump and upwards of $600 to repair any issues. While warranty policies for your well can cost an average of $300-$600 a year, based on the size and location of your house, you can make this money back in how much you save after just one major home repair.
Although we hope that your home doesn’t need multiple major repairs in a single year, a home warranty works for you throughout the year to protect you from massive repair bills. They easily pay for themselves after just a few service requests, especially on major appliances like a well pump.
Top 5 Best Home Warranties For Well Pumps
Easy Home Service And Repairs
One of the lesser appreciated benefits of having a home warranty is their simplified repair service. Without a warranty plan, you’re on your own when it comes to finding a qualified contractor to come to your home when a major appliance or system, like your well pump, malfunctions.
However, with a warranty, you get a seamless repair service without having to spend hours searching for a repair technician. All you need to do is submit a service request through your provider’s online or phone-based claims system.
Then, they’ll send an experienced repair specialist to your home to assess, diagnose, and fix any well pump problems. That way, you can spend your time enjoying your home instead of worrying about fixing it.
Best Home Warranty For A Well?
Choice Home Warranty is our top pick in the well insurance market. Choice has more than 10 years of experience and their plan options provide up to $1,500 in coverage for your well each year.
Protects What Homeowners Insurance Won’t
You most likely have homeowners insurance, so you might be wondering why you also need a warranty plan. The answer is quite simple: home insurance is not designed to cover the cost of repair issues related to regular wear and tear.
Instead, insurance policies are designed to help you financially if your home is impacted by fire, flood, or other types of natural disasters.
Home warranties, however, are specifically meant to help you pay for any repair issues or malfunctions in your systems and appliances that are caused by wear and tear. Plus, they’ll even cover you long after your manufacturer’s warranty on your well pump or other major appliances and systems expires.
So, while home insurance is certainly important, it won’t cover everything. Thus, having a home warranty is a good way to protect yourself financially, even when your insurance policy won’t cover the issue at hand.
Helps Attract Home Buyers During The Real Estate Process
Your home is an investment. Therefore, it’s important that you maintain the value of your home so you can get a good price on it should you ever decide to sell it.
Home warranties can help you attract home buyers during the real estate process in two different ways. First and foremost, with a warranty plan behind you, it’s easier to stay on top of regular maintenance and repair costs. That way, you can help maintain the value of your home throughout the time that you live there.
Additionally, real estate agents often encourage home sellers to have a warranty policy on their home. This is because home buyers want to know that they are protected should something malfunction in their new home.
Having a warranty plan in place can help you attract potential buyers because it gives them the peace of mind they need to know that they’ll be protected financially should an appliance or system break after closing.
Would A Home Warranty For A Well Cover Pre-Existing Conditions?
For the most part, home warranty plans do not cover pre-existing conditions in wells, well pumps, or any other appliance or system. However, this exclusion usually only applies to pre-existing conditions that could’ve been identified through a visual inspection conducted by a qualified contractor.
Since most warranty companies will not cover pre-existing conditions, it’s often best to get a home inspection on your house before you take out a policy. That way, you can find and fix any pre-existing issues before your plan starts, giving you confidence that your policy will cover any new problems that arise.
Top 5 Best Home Warranty Companies For A Well Pump
|Well Pump Company Name||Premium Per Month||Deductible|
|Choice Home Warranty||From $36.17 to $43.85||$85 flat rate|
|American Home Shield||From $34.99 to $59.99||From $75-$125|
|Select Home Warranty||From $35.83 to $37.50||From $60-$75|
|Liberty Home Guard||From $39.99 to $59.99||$75 flat rate|
|Service Plus||From $45.33 to $52||$75 flat rate|
How Soon Can You Use A Home Warranty For A Well After Purchase?
The majority of home warranty companies have a waiting period between when you purchase the plan and when you can submit your claim. For the most part, this grace period is 30 days long.
This may seem a bit odd, but these waiting periods are in effect to protect companies from people who purchase a plan as soon as they know that they need to do a major home repair. By asking homeowners to wait 30 days, companies are protected from people who try to take advantage of the system.
However, you can sometimes get an exemption from this grace period if you already have a warranty plan and are simply looking to switch providers or change policies. In these situations, most companies will waive the waiting period if you can prove that you’ve had continuous coverage on your home.
Check out this video below for a full breakdown of the entire well drilling process from start to finish.
What To Look For When Picking The Best Home Warranty For A Well?
Picking the best home warranty provider for your home’s well isn’t easy since there are so many great options to choose from. To make it easier for you to find the right coverage for your needs, here are some of the most essential things to keep in mind as you search for your next warranty plan:
Annual Premium Cost
Money matters, so it’s important that you keep an eye out for annual premium costs on any warranty service contract that you might consider for your home.
On average, a home warranty costs $300-$600 for a single-family house. However, this cost can vary quite a bit depending on where you live and the size of your home.
Additionally, it’s worth keeping in mind that well coverage is generally not included as part of a standard warranty plan package, whether as a systems plan, appliances plan, combo plan, or otherwise. You’ll generally have to pay an extra fee for well pump coverage, which can range from $40-$180 per year, depending on the company.
Of course, a lower annual premium is better for your bank account. Still, it’s best to balance cost savings with the overall quality of your warranty policy to ensure you’re getting the protection you need.
Service Call Fee
Every warranty company charges a “service call fee” (a.k.a. a “deductible“) every time you submit a claim. This service fee is designed to cover the cost of sending a repair specialist to your home to fix your well pump, dishwasher, air conditioner, or other major appliances and systems.
These fees are normally charged just once per home service request and can range from about $60-$125. In many ways, you can think of them as similar to a copay at the doctor’s office.
Warranty companies are trying to run a business, so it’s understandable that they have limits on the amount of coverage that they’re willing to offer. Most providers will have either a per-item or per-system limit to how much they’ll cover in home repairs each year.
For well pumps, this coverage usually varies between $400-$1,500 per year. However, it’s worth keeping in mind that a higher limit doesn’t necessarily mean better coverage.
Sure, it’s nice to know that you have lots of wiggle room when it comes to total coverage and protection, but it’s also worth factoring in the actual cost of repairing your well pump before you make a decision. Most well pumps cost upwards of $1,000 to replace, so having more coverage, while nice, may not necessarily be worth it if it means paying a higher premium.
Essentially, it’s important to strike a balance between annual premiums and coverage limitations to ensure that you’re getting the best value for your money in terms of how much you pay and how much coverage you receive in return.
Read Also: How Do Home Warranty Coverage Limits Work?
Home warranty service providers will list their coverage inclusions and exclusions in their sample contracts. It’s critical that you pay close attention to what’s listed in these sample contracts because they will tell you precisely what is covered under your policy.
For most well pumps, covered items will include all components and parts of the pump that are used to supply water to the main living area (a.k.a. your home). Warranty companies will generally not cover any holding or storage tanks, digging of wells, valves, pipes, or electrical wiring involved.
This is true for the vast majority of companies. Therefore, you should know the limitations of your coverage before you commit to a plan, so you know what you’re signing up for.
Type of Well Pump Coverage Limitations
If you have a geothermal heating system or water source heat pump that relies on a well, it’s important to note that some companies exclude these home systems from coverage. With this in mind, if you have a non-traditional heating system in your home that relies on a well pump, be sure to read the fine print in your sample contract to see if your home systems will be covered.
Other Covered Home Appliances And Systems
Home warranty plans for wells are designed to cover more than just your well pump. In fact, when you purchase a plan, you can also get coverage for your home’s other major appliances and systems, such as your water heater, furnace, ductwork, ceiling fans, electrical system, plumbing system, and more.
Since well pump coverage is offered almost exclusively as an optional add-on, you’ll need to have a warranty plan to get this protection. Additionally, the amount of coverage you get will depend on the coverage option that you choose. There are three basic plan options available:
- Appliances Plans. These policies will cover malfunctions in major appliances such as clothes washers and dryers, garage door openers, garbage disposals, dishwashers, cooktops, and more.
- Systems Plans. This kind of plan will protect your home’s major systems, such as your plumbing system and plumbing stoppages, electrical system, air conditioning system, and other parts of your HVAC system.
- Combo Plan. These comprehensive plans usually include all of your home’s most essential systems and appliances. They are a good choice for homeowners that want to maximize the amount of coverage they have on their home.
Our Top Pick For A Home Warranty On A Well
If we had to pick just one of these five home warranty plans to protect a well, we’d go with Choice Home Warranty. We like that Choice Home Warranty provides a good coverage limit toward the cost of repairing and replacing a well pump at a reasonable annual premium rate.
Additionally, Choice Home Warranty won’t deny you coverage should your home have older systems or appliances. They also offer two great plan options that provide comprehensive protection for your home.