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Top 5 Best Home Warranties For Condos (2020 Review)

Top Best Home Warranty Companies For Condo Review

Looking for the best home warranty for condo coverage?

Great, you’ve come to the right place. In this guide, you’ll learn:

  • What is a home warranty for a condo?
  • How much will a warranty plan for your condo cost?
  • Is a home warranty is worth it for your unit?
  • How does a condo warranty work?
  • What the best coverage options for your condo?

We’ve reviewed 68 different home warranty companies, and below are our top picks for condos to your state. Curious which plan is right for you? Read on!

Editor's Choice
97.0

$50 Off Your Plan
Claim Offer
Best Overall
97.5

Limited Offer: $50 Off + 1 month free
Claim Offer
Most Affordable
95.8

Limited Time: $150 Off + 2 Free Months + roof coverage
Claim Offer


Our Top Picks Overview

  # 1 Choice Home Warranty
Editorial Rating 97.50
  • $50 Off + 1 month free
  • Won't deny coverage if systems/appliances are old
  • Free cancellation within 30 days
  • Emergency service available
  • Reservice for failed repairs
  # 2 American Home Shield
Editorial Rating 97.00
  • Get $50 off
  • Lower chance of claim denial
  • 24/7 service calls and online service
  • Large and established firm
  • Choose your own service fee!
  • Market veteran
  # 3 Select Home Warranty
Editorial Rating 95.80
  • $150 off + 2 months free
  • FREE Roof Leak Coverage
  • Good selection of plans
  • High contractor professionalism
  • $0 transfer fee
  • First 30 days: Free cancellation
  # 4 Total Home Protection
Editorial Rating 95.20
  • $150 off + 2 months free
  • Free Home Security System Coverage
  • Comprehensive coverage plans
  • 1 day to submit claim
  • Limited availability (6 states)
  # 5 First American Home Warranty
Editorial Rating 94.90
  • Best Customer Service 2020
  • Large and established
  • Plans from $25/m
  • Automatically renewed policy
  • Limited selection of extra coverage

Owning a condo is a fantastic way to invest in real estate without the expenses of a single-family home. Plus, condos are often a much more affordable alternative to homeownership than a traditional house. So, they’re a great option for people that want to own a beautiful home without the burden of large monthly mortgage payments.

But, condos need to be maintained just like a regular house, and all these repairs can rack up big bills over time. Thankfully, with the right home warranty plan, you can protect yourself from major repair costs.

With so many different home warranty providers out there, though, it’s understandable if you’re unsure which plan options are the best for you. To help you out, here are our reviews of the best home warranty companies on the market today, complete with all the information you need to find the best coverage for your condo.

What Are Home Warranties For Condos?

A home warranty for a condo is a way to protect yourself against unexpected major home repairs. Home warranty protection will usually cover most or all of the cost of repairs and replacements for home appliances, like dishwashers, ice makers, and garbage disposals, as well as major systems, such as your HVAC and plumbing system

That being said, many home warranty companies don’t offer a specific “condo” warranty. Rather, you can generally use a standard home warranty plan to cover repair and replacement costs for your condo. 

Warranty providers will clearly outline whether or not they cover condos in the fine print of their service contracts. But, the vast majority of companies will offer protection for a variety of different home types, including single-family dwellings, multi-family houses, mobile homes, and, yes, condos.

Read Also: What Are The Best Home Warranty Plans For Luxury Homes?

How Much Will A Condo Warranty Plan Cost?

The average home warranty cost for a condo is between $300-$600 for a year of coverage. Of course, this annual premium amount will vary quite a bit based on a few factors, which include:

  • Location of the condo
  • Size of the unit
  • If you want coverage for appliances, home systems, or both

The good news, though, is that home warranties for condos tend to be cheaper than those on single-family homes. This is because most condos are smaller than your standard house. 

Additionally, condo owners can generally save a bit on their home warranty costs because they don’t need to pay for add-on coverage for shared systems or amenities, like pools, sump pumps, or sprinklers. So, home warranty coverage for condos tends to be quite affordable since protection plans can often be scaled to meet the needs of individual condo owners.

Want to learn more about investing in a condo? Check out this video on why a condo could be right for you.

Is A Home Warranty For My Unit Worth It?

Simply put, a home warranty is certainly worth it for your condo. If you’ve made the decision to purchase your own condo, you want to ensure that your investment is a happy, comfortable place to live for years. 

A warranty plan can help you keep your condo in good working condition without the headaches normally associated with homeownership. Here are some of the many benefits of a home warranty for your condo:

Financial Protection From Major Home Repairs

Let’s face it: Owning a condo isn’t cheap. In addition to your monthly mortgage payment, you need to pay for your air conditioning, water, heat, and other utilities.

But, while these regular payments are all part of your monthly budget, the cost of replacing your entire electrical system or HVAC system probably wasn’t part of your financial plan. 

Indeed, unforeseen repairs and replacements of major home appliances and systems, like a water heater, can easily rack up hundreds, if not thousands of dollars. Unless you happen to have lots of cash on hand, this can quickly create a lot of debt for you and your family.

With a home warranty, though, you’re protected from huge repair bills. Depending on the terms of your coverage, you can get thousands of dollars in payment protection for each covered item in your home. Instead of having to pay the entire repair bill, you’re liable just for a small service call fee and any repair costs over your maximum limit.

condo home warranty facts

At the end of the day, home warranty protection can make a big difference for the long-term health of your bank account when your air conditioning system decides it no longer wants to work in the middle of the summer or when you need to replace your refrigerator.

Own A Condo In San Diego? We Can Help!

Peace Of Mind And Seamless Repair Service

Hands down, one of the biggest benefits of a home warranty is the peace of mind you get when it comes to servicing your condo’s appliances and systems. With a warranty plan, you don’t need to spend hours searching for the best service provider when your heating system is acting up.

Instead, all you need to do is call the warranty company’s service center. Once you submit a claim, they’ll arrange for a repair professional to come to your home.

This is particularly beneficial if you’re a new homeowner or have recently moved to a new area. Since your warranty company will contact a repair company for you, you can rest assured that you’re getting the best service possible.

Read Also: Are You A Senior That Needs Home Warranty Coverage In A Condo?

Covers What Home Insurance Won’t

When you purchased your condo, you probably bought a homeowners insurance policy and, rightly so. Homeowners insurance is important for protecting your condo against unexpected costs associated with natural disasters, fires, and other emergencies.

However, homeowners insurance won’t cover any of the costs associated with maintaining your home’s major appliances and systems. That’s where home warranties truly shine. They’ll cover or greatly offset your repair bills, even when your insurance policy or a manufacturer’s warranty doesn’t.

How Does Coverage For Condos Work (Are They Unique)?

Interestingly, most home warranties that can be used for a single-family home can also be used to cover the cost of systems and appliance repair in a condo. So, condo home warranties aren’t “unique,” specifically to condos, but they offer all of the coverage you need to protect your investment.

Here’s how it works:

Step 1: Find A Plan

The very first thing you need to do to protect your condo is to find the right plan. We’ll give you a list of the top home warranty reviews in just a bit and as you can see, there are plenty of great options to choose from.

When selecting the best plan for your condo, though, you want to look for a policy that covers the most important things in your home. This is where shopping for home warranties for a condo differs from purchasing a policy for a single-family home.

When you own a house, you’ll want protection for things like a sump pump, well pump, or septic system. Condo owners, however, don’t have to worry about most of these systems.

So, when you own a condo, your biggest priorities are likely to be your appliances and any systems that are wholly contained within your unit. 

That being said, home systems (particularly air conditioning systems) are where things can get a bit tricky when it comes to protecting your condo. The majority of home warranty plans will not cover any “shared systems.” So, if your condo uses the same air conditioner as the neighboring unit, this may not be considered a covered item under your policy.

Step 2: Wait For The Grace Period

Once you’ve found the right plan for your condo, you’ll need to wait for the grace period to finish before you can make your first claim. Most companies will have a 30 day waiting period before your coverage kicks in.

However, if you already have a warranty on your condo and are simply looking to switch from one company to another, most providers will wave this grace period. Then, you’ll be able to make a claim as soon as your new policy starts.

Step 3: Make A Claim

If you need to repair or replace a covered item in your condo, you’ll simply need to contact your home warranty company to file a claim. The best companies will offer 24/7 call center service so you can file a claim even in the middle of the night. 

Step 4: Pay A Service Fee

When you have a home warranty, you’ll pay a small service fee every time you submit a repair request. This fee is generally paid when you make your claim.

The amount that you’ll pay will depend greatly on the plan that you have. You can think of a service fee as similar to the copay on your medical insurance whenever you go to see the doctor.

Read Also: Do Deductibles Matter for Home Warranties?

Step 5: Receive Prompt Repair Service

As soon as your claim has been processed, your home warranty provider will contact a local contractor and send them to your home. The contractor will then assess, diagnose, and perform any needed repairs or replacements to get your condo back in full working condition.

Top Home Warranties For Condos Reviewed

You have a lot of different choices when it comes to home warranties for your condo. But, here are our reviews of the five best options on the market today:

Choice Home Warranty

Choice Home Warranty provides coverage for condos up to 5,000 square feet under both their Basic and Total plans. Their basic plans include protection for the following:

  • Ductwork, heating, electrical, and plumbing systems
  • Hot water heaters,
  • Whirlpool bathtubs
  • Ovens, ranges, stoves, cooktops, and built-in microwaves
  • Dishwashers
  • Garbage disposals

Meanwhile, Choice’s Total Plan gives you coverage for all the above, plus additional protection on your refrigerator, air conditioning, and washer/dryer.

Where Choice’s plans really shine for condo owners, though, is in their affordable premiums and low service call fees. With Choice Home Warranty, you can expect annual premiums on your condo that are at or below what you can find with other providers. They also have a 24/7 call center and an affordable service fee, which saves you money out of pocket whenever you need a repair.

The company will also offer coverage for older systems and appliances and will provide free reservice on both repairs and parts covered under their service terms. 

Plus, for some more expensive repairs, like for your condo’s HVAC or heating system, Choice Home Warranty offers a generous $1,500 per item repair limit. Overall, Choice provides two solid home warranty plans that won’t break the bank.

Read Our Full Review of Choice Home Warranty

Pros:

  • Affordable premiums and low service call fees
  • Both total and basic plans provide plenty of coverage for condo owners
  • High per-item limits on some of the most expensive home systems

Cons:

  • Will not cover shared systems

American Home Shield

American Home Shield offers comprehensive coverage for condo owners under the same plans that they offer for single-family homes. The company offers two basic plan options: a Systems Plan and an Appliance Plan.

Additionally, you can choose a Combo Plan (which offers both appliance and systems coverage) or you can create your own plan. Depending on what systems and appliances you have in your condo, American Home Shield’s Build Your Own Plan can help you customize your policy to best meet your needs.

American Home Shield’s appliance plan is particularly well-suited for condo owners that have a lot of shared systems. With this coverage, you get up to $3,000 of protection for the majority of appliances that you’d find in a condo, including refrigerators, washers/dryers, built-in microwaves, and ovens/stovetops. Meanwhile, if your condo mostly has its own home systems, the company’s Combo Plan offers the best bang-for-your-buck.

Read Our Full Review of American Home Shield

Pros:

  • Ability to customize coverage and build your own plan
  • Up to $3,000 protection per item under appliance plan
  • Coverage available in 49 states

Cons:

  • High service call fees

Select Home Warranty

Select Home Warranty offers three different plan options that can help you protect your condo. Their plans include:

  • Bronze. Most appliances, including washer/dryer, refrigerator, stove/oven, built-in microwave, dishwasher, garbage disposal.
  • Gold. Most home systems, including A/C, heating, plumbing, electrical, water heater, ductwork.
  • Platinum. Coverage from both bronze and gold plans, plus plumbing stoppages and ceiling fans.

Depending on the unique needs of your condo, any of Select Home Warranty’s plans are a solid choice. The bronze plan is particularly attractive to condo owners that have a lot of shared systems and, thus, only want coverage for their most important appliances. 

Select Home Warranty is one of our favorite providers because they offer a high maximum repair/replacement limit of $2,000 for some home systems. Additionally, they have one of the lowest service fees among top warranty companies, which is helpful if you’re trying to reduce your out of pocket expenses. 

Read Our Full Review of Select Home Warranty

Pros:

  • Three plan options offer great coverage for a wide variety of condos
  • Low service call fees
  • High coverage limits for some home systems

Cons:

  • Annual premiums are slightly higher than industry average

Total Home Protection

Both of Total Home Protection’s gold and platinum plans can be used to cover condos up to 5,000 square feet in size. The company’s gold plan includes coverage for:

  • Ductwork, plumbing (including whirlpool bathtubs) and electrical systems
  • Water heaters
  • Oven, ranges, stoves, cooktops, and built-in microwaves
  • Sump pumps
  • Ceiling and exhaust fans
  • Dishwashers
  • Garbage disposals and trash compactors

Meanwhile, the platinum plan covers all of the above, plus two A/C units, two heating units, washers/dryers, and a refrigerator. Total Home Protection also gives you options for add-on coverage for a wide range of different home systems and appliances, including water softeners, ice makers, and central vacuums.

Total Home Protection’s plan options are quite flexible and easy to customize. This is really helpful for condo owners that want to create the best policy to protect their home.

The company also offers a low service fee and industry-average premium rates. Additionally, Total Home Protection’s add-on costs for various appliances and systems are also quite reasonable for condo owners on a budget.

Read Our Full Review of Total Home Protection

Pros:

  • Low service fee
  • Both plans offer good all-around coverage for condo owners
  • Great list of add-ons to choose from

Cons:

  • Coverage amount for some systems is fairly low

First American Home Warranty

First American Home Warranty provides two different protection options for condo owners. With their basic plan, First American offers coverage for the following:

  • Dishwasher
  • Oven, cooktop, built-in microwave
  • Washer and dryer
  • Garbage disposal
  • Refrigerator
  • Trash compactor and garbage disposal

So, it’s a great option for condo owners that share most of their home systems with neighboring units. 

For anyone that also wants to protect their home systems, First American also has a premier plan that covers heating, electrical, plumbing, and central vacuum systems. The company has additional optional coverage options for central air conditioning and other appliances for condo owners that want to maximize their coverage.

First American Home Warranty is one of our top picks because they offer affordable plans and low service fees. But, they also offer some of the best maximum repair limits for your most important home systems to help you keep your condo in good working condition at all times. Plus, they have a great list of protection upgrades available if you choose to put your condo on the market to help you have a smooth real estate selling process.

Read Our Full Review of First American Home Warranty

Pros:

  • Affordable annual premiums and reasonable service fee
  • Good coverage amounts, particularly on home systems
  • Great list of upgrades available for buyers and sellers

Cons:

  • Limited state-by-state availability

Final Thoughts On Home Warranties For Your Condo

A home warranty is a must-have for any condo owner that wants to protect themselves from unexpected expenses on their appliances and home systems. Thankfully, most warranty companies will provide protection for condos under the plans that are offered for single-family residences. So, no matter if you own an oceanfront condo in Hawaii or a mountain-side condo in Montana, your home can be protected.  

Our top pick for a warranty policy on a condo is Choice Home Warranty, thanks to their comprehensive coverage, 24/7 call center, low service call fees, and solid per-item limits. But, what’s important is that you find the policy that best covers your home and your real estate investment.

Read Also: What Are The Best Home Warranty Plans For A Duplex?