Are you searching for the best home warranty in Chicago for your existing or new home?
Excellent! You are in the right spot! In this guide, you will find answers to essential questions like:
- Do you need a home warranty for your Chicago home?
- What should you think about when shopping for a protection plan in CHI?
- What plans are available for your home in Chicago?
- And more!
We’ve reviewed nearly 70 providers to find the best coverage options for you. Keep reading to find out how to choose the best protection for your property.
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Top Home Warranty Companies for Chicago Homeowners
More Than 10 Years on the Market
Most Comprehensive Coverage Available
Free Reservice Period for Parts
Emergency Service Available
Cheapest and Best Basic Plan ($34/m)Choice Home Warranty Review
American Home Shield is one of the first companies that started providing home warranty services to homeowners and real estate agents. The company offers a variety of contracts, including customized plans.American Home Shield Review
Majority of Client Reviews Online Are Positive
Clearest Terms and Conditions
Highest Contractor Professionalism
Best Gold Plan ("Platinum Care")Select Home Warranty Review
Low fee for contract transfer
Different plan types available
Low chance of payment delays
Clients praised prompt response
Amazon Home Warranty Review
Customer Service Available 24/7
Least BBB Complaints
Great Reviews on Google Places
Reservice for Failed Parts
1 Free Month Upon Annual Sign-UpTotal Home Protection Review
Disclosure: ReviewHomeWarranties.com has referral agreements with some of the home warranty companies presented on our lists throughout this website, including our the above rankings. Referral income which we generate through these agreements helps us keep the content free of ads and accessible.
Compare Home Warranty in Chicago
What's In This Guide?
To make the most out of your Chicago lifestyle, no matter if you live in a single-family home, townhome or condo, a home warranty plan that fits into your budget and is available around-the-clock for home system or appliance emergencies makes life a bit easier.
Please note: as rule of thumb all companies that service Illinois residents should be able to serve you if you live in the CHI metro.
Top 5 Best Home Warranty Companies In Chicago
|Chicago Company Name||Premium Per Month||Deductible|
|Choice Home Warranty||From $36.17 to $43.85||$85 flat rate|
|American Home Shield||From $49.99 to $59.99||From $75-$125|
|Select Home Warranty||From $35.83 to $37.50||$75 flat rate|
|Total Home Protection||From $45.33 to $52||$75 flat rate|
|Amazon Home Warranty||From $42 to $52||$75 flat rate|
Who Needs A Home Warranty in Chicago, IL?
Anyone can benefit from home warranty protection. However, it is even more important to purchase a service contract for your property during some situations.
Homeowners and Homebuyers
Whether you are currently a homeowner or are buying your first home, a home warranty can help you maintain your home investment. As a property owner, it is your responsibility to make all home repairs, especially in Chicago and the surrounding suburbs of Evanston, Naperville, Lincoln Park and Wrigleyville.
However, many owners find themselves in a sticky situation when a significant system replacement is necessary because they do not have enough saved to pay for the entire job. When you put off repairs, it is difficult to get back on top of things.
So, it is always best to take care of any home service matters promptly. A home warranty plan ensures that you can get covered items repaired quickly, which takes a lot of stress out of homeownership.
5 Best Chicago Home Warranty Companies
Home Sellers and Real Estate Agents
You probably haven’t given much thought to needing a home warranty while your home is on the market, but that is one of the most critical times to protect yourself. Until you receive the buyer’s funds from closing, it is your responsibility to maintain the home.
That means if the water heater breaks the day before the finalization of the sale, you must pay out of pocket for it or reduce the price of the home to cover the repairs. When home components malfunction shortly before the new owner takes possession, it can cause a lot of tension in the transaction, and ultimately, the buyers could back out of the deal altogether.
So, many realtors gift their clients a transferrable home warranty. It protects the realtor’s interest in the sale, and when the property sells, the new owner receives the benefit of immediate protection for all of their covered components.
Renters and Landlords
Anyone who has had a difficult time getting repairs done in a home they rent knows it can be a massive headache. You pay your rent on time in good faith that the owners will do their best to properly maintain the property.
That does not always happen, though. It is often not the property holder’s intention to harm the tenant in any way, but they may be strapped for cash or have a difficult time finding a reputable contractor to do the work.
Investing in a home service plan from one of the best home warranty companies in Chicago gives you peace of mind on rental properties. You know a qualified service professional is just a phone call away 24/7/365.
Best Home Warranty In Chicago?
Choice Home Warranty ranks #1 for Chicago homeowners. Why? Because of their three comprehensive plans, their customer service availability 24/7 and their reservice for failed repairs.
What Should You Think About When Purchasing A Plan in Chicago, IL?
Each area has different factors that you need to consider if you want to get the best value out of your home warranty. The terrain, weather, location, and real estate trends in Chicago all affect your coverage needs.
People do not call Chicago the Windy City for no reason. It is cold, and during the winter, the winds blowing toward the city over Lake Michigan are bone-chilling. You probably do not need your air conditioner much because although the summer temperatures do get into the low to mid-80s during the hottest part of the day, nights are much cooler.
Chicago is the third-most populous city in the United States, with more than three million residents. It is on the shores of Lake Michigan, which provides visitors and natives breathtaking views from the many towering skyscrapers.
The terrain is not very exciting, as the city is in the center of the flat Chicago Plain, a former lake basin.
While the geography does not significantly affect homeowners, your home location can make it challenging to find a qualified contractor because you have so many underqualified service contractors to weed through. With a home warranty, all you have to do is submit your service request with your provider.
They will find a vetted service professional in their network to conduct a home inspection of the broken component within 24 to 48 hours. The best home warranty companies in Chicago offer free reservice on parts and contractor labor for 30 to 90 days.
Real Estate Data
Over the past year, home values have risen less than one percent, and Zillow predicts that there will be a 2.3 percent decrease over the next 12 months. Experts predict that the market will continue to slow for some time after that, too.
That means if you are selling your home, having a home warranty may make the difference in someone buying your home or one of several others listed nearby.
Are you considering Chicago as a potential location for your new home? If so, check out this video for a better idea of all the Windy City has to offer.
What Plans Are Available In Chicago?
Most home warranty companies in Chicago offer appliance, systems, and combination plans. Some providers only provide combo plans with tiers of protection. Below is a list with examples of what combination plans cover.
- Basic Plan – Cooktops, garage door openers, doorbells, garbage disposals, water heaters, dishwashers, electrical components, ductwork, plumbing stoppages, and more.
- Premium Plan – Adds coverage for HVAC systems, refrigerators, built-in microwaves, washing machines, and clothes dryers.
In addition to the plans you can purchase, you can add protection for items that your policy does not include:
- Sprinkler systems
- Swimming pools
- Septic systems and sump pumps
- Well pumps
- Second refrigerators
- Trash compactors
- Limited roof leaks
If you have specialized systems on your property, it is a good idea to cover those items through a company that offers specialized coverage, adequate plan limits, and sufficient support for that component.
Is A Home Warranty Worth It In CHI?
It’s important to consider the cost vs. the value of a home warranty, especially living in Chicago.
Financial experts suggest that homeowners should have at least one percent of their home value or a dollar per square foot saved and expect to spend at least that much on repairs and maintenance annually.
If you do not have enough money in savings to pay for a total system replacement and still live comfortably afterward, a home warranty plan is worth every penny.
When purchasing a home service contract for your Chicago home, you can expect to spend between $450 and $650 annually. However, your costs could be less or more, depending on the coverage options you select.
Are There Home Warranty Regulations In Illinois?
In Chicago, the Department of Insurance (DOI) governs home warranty companies. That is a good thing for consumers because it means home warranty issuers are subject to similar laws to those governing homeowners insurance companies.
However, it means you need to check with the DOI to make sure the carrier you choose can issue home warranties in Illinois. If you have an issue with a home warranty company, you also can make submit a complaint to the DOI.
Home Warranty Reviews: Top 5 Companies In Chicago, IL
We are pretty confident that you now have the information you need to feel confident about choosing a home warranty provider in Chicago, IL. However, we do have one more tool to help you with your search.
Below is our list of the 5 best Chicago home warranty companies with a brief history, available plans, value-added features, and the pros and cons of choosing each.
1. Choice Home Warranty
Choice Home Warranty (CHW) is our top choice for homeowners in Chicago. CHW has affordable plans that cover more items than other providers.
We believe Choice is an excellent option because both the Basic Plan ($36.17 per month) and the Total Plan ($43.85 per month) cover your heating system and water heater, two expensive components you cannot live without during the winter.
- Heating systems are included in both plans.
- Contractor work is guaranteed for 90 days.
- The basic plan includes more than 15 components.
- Consumers report delays in some areas.
- Claims you submit on older appliances may not get paid.
- Replacement costs are not high enough to cover total system replacements.
2. American Home Shield
American Home Shield (AHS) is the most extensive warranty provider in the United States. It opened in 1971, and since then, many people swear by its coverage. Consumer review sites have mixed reviews, but many of the issues people have with AHS are over things they did not understand before they signed the contract.
AHS offers several plans (major appliances – $49.99, systems – $49.99, build-your-own – $54.99, combo – $59.99), add-on coverage, and the ability to choose your service fee. With so many options, it can be easy to miss something.
So, before you select coverage, make sure you read the fine print. And, if you have questions, ask them before you purchase your package.
- The plans are customizable to fit your needs.
- AHS has a vast network of top home repair contractors.
- The home appliance plan is one of the best in the industry.
- There are comparable coverage options that are more affordable.
- Replacement cost limits may leave you responsible for some system replacement costs.
- AHS only provides service fee free reservice for contractor labor for 30 days.
3. Select Home Warranty
Select Home Warranty opened in 2012. The staff is smaller, and Select does not hold as many service contracts as its larger competitors.
However, the coverage options are budget-friendly, and the coverage is comparable to plans from other companies. The Bronze Plan (appliances) and Silver Plan (systems) are each $35.83 monthly.
The Platinum Plan ($37.50 per month), which covers a combination of both, is less than $2 more. Select also offers discounts to customers who pay annually, as well.
- Money-saving home warranty offers are available if you pay annually.
- You can purchase a complete home protection plan for $37.50 per month.
- You receive limited roof leak protection for free.
- You have 72 hours to submit claims.
- Consumers report service delays in some areas.
- The contractor network is relatively new.
4. Total Home Protection
Our fourth choice and the newest provider on our list is Total Home Protection (THP). THP opened in 2016, and while the coverage might not be the best choice for all homeowners, if you have a sump pump, well pump, or septic system, you should request a free quote from Total Home Protection so you can compare the coverage.
Total Home Protection customers have two plan choices, the Gold Plan ($45.33 per month) and the Platinum Plan ($52 per month). For Chicago homeowners, we suggest the Platinum Plan because it includes heating and air conditioning system protection.
- Total offers the most comprehensive septic system protection available.
- Reservice for contractor home warranty work is free for 90 days.
- Customer support and emergency services are available 24/7/365.
- After the first 30 days, you are subject to a $50 cancellation fee.
- Contractors prefer to work with larger home warranty providers.
- You only have 24 hours to submit claims.
5. Amazon Home Warranty
Our final pick for your home warranty coverage needs in Chicago is Amazon Home Warranty. Although Amazon is not our first choice, the plans are excellent for first-time home buyers and people with limited income.
You can start coverage with the Appliance Plan or the Systems Plan, which includes most of your essential appliances and home systems for $42 a month. Or, if you prefer maximum protection, the Combo Plan for $52 monthly gives you coverage for your laundry machines, refrigerator, built-in microwave, and more.
- You can purchase a system or appliance plan for $42 per month.
- The network of service providers is well-established.
- A+ BBB rating
- Cannot choose a technician
- Contracts automatically renew 30 days before the end date.
Final Thoughts On Home Warranties In Chicago, IL
Choosing the best home warranty in Chicago for your property is essential if you want to get the most value from your protection plan. However, with the information you now have, you should have no problem selecting a program that is just right for your property.
Whether you want a cost-effective package for your kitchen appliances or a complete home protection plan with high replacement cost limits for all of your home’s systems, start now by requesting a few quotes from top home warranty companies in Chicago.
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