Fidelity Home Warranty: A Reliable Choice for Home Protection

EllaAugust 27, 2023Last Updated: September 25, 2023

47 4 minutes read

If you are a homeowner, you know how expensive and stressful it can be to deal with unexpected repairs or replacements of your home systems and appliances. Whether it’s your heating, cooling, plumbing, electrical, or kitchen appliances, these items can break down due to normal wear and tear and cause a lot of inconvenience and hassle. That’s why many homeowners choose to purchase a home warranty plan, which is a service contract that covers the cost of repairing or replacing these items when they malfunction.

But what exactly is a home warranty, how does it work, and what are the benefits of having one? In this blog post, we will answer these questions and provide you with an overview of one of the best home warranty companies in the market: Fidelity Home Warranty.

What is a Home Warranty?

A home warranty is not the same as homeowners insurance, which only covers damage caused by theft, fire, or weather-related events. A home warranty covers the normal wear and tear of your home systems and appliances, which are not usually covered by insurance. A home warranty plan typically covers parts of up to 23 systems and appliances, such as heating, air conditioning, plumbing, electrical, kitchen appliances, laundry appliances, roof leak repair, and more. You can also customize your plan with additional coverage for items like swimming pools, electronics, garage door openers, and more.

A home warranty plan usually lasts for one year and can be renewed annually. The cost of a home warranty plan depends on the level of coverage you choose, the size and age of your home, and the service fee you pay for each claim. The service fee is the amount you pay to the contractor who comes to diagnose and fix the problem. The service fee can range from $75 to $125 per claim. The average annual premium for a home warranty plan in the US is about $600.

How Does a Home Warranty Work?

When you purchase a home warranty plan, you are essentially paying for peace of mind and convenience. If one of your covered items breaks down due to normal wear and tear, you can simply contact your home warranty provider and request service. The provider will then assign a qualified and pre-screened contractor from their network to come to your home and diagnose the problem. You will pay the service fee to the contractor and they will either repair or replace the item, depending on the terms and limits of your contract. If the repair or replacement exceeds the limit of your coverage, you will be informed of any additional costs upfront so you can decide how to proceed.

A home warranty can save you a lot of time, money, and hassle when dealing with unexpected breakdowns. According to a survey by American Home Shield®, 59% of their customers filed at least one claim in 2022 and saved $213 million in covered repairs and replacements. Without a home warranty, you would have to pay out of pocket for these expenses, which can be quite costly. For example, the average cost of repairing or replacing an air conditioner without a home warranty is $915 to $3,842; a plumbing system is $505 to $1,407; a heating system is $823 to $3,634; an electrical system is $480 to $2,496; an oven/range is $1,134 to $3,460; and a water heater is $1,388 to $2,051.

What are the Benefits of Having a Home Warranty?

There are many benefits of having a home warranty plan for your home. Some of them are:

You can protect your budget from unexpected repair or replacement costs due to normal wear and tear of your home systems and appliances.
You can avoid the hassle of finding and hiring reliable contractors on your own. Your home warranty provider will take care of that for you and send you pre-screened professionals who are trustworthy and experienced.
You can enjoy flexible payment options and choose the plan that suits your needs and budget. You can also customize your coverage with additional items that are important to you.
You can access 24/7 customer service and request service online or by phone anytime you need it.
You can benefit from member perks such as discounts on new appliances and services like pre-season HVAC maintenance, tech set-up and installation, and more.

Why Choose Fidelity Home Warranty?

Fidelity Home Warranty is one of the best home warranty companies in the market that offers comprehensive coverage, low service fees, fast service, and excellent customer service for your home. Fidelity Home Warranty has been in business since 1978 and has an A+ rating from the Better Business Bureau. Fidelity Home Warranty currently has coverage offerings in 17 states starting at their standard plan ranging up to their enhanced plus plan.

Some of the reasons why you should choose Fidelity Home Warranty for your home are:

Fidelity Home Warranty covers up to 23 systems and appliances, including some items that are not covered by other home warranty companies, such as pest control, smoke detectors, and doorbells.
Fidelity Home Warranty has one of the lowest service fees in the industry, starting at $65 per claim. You can also choose from three different service fee options: $65, $100, or $125.
Fidelity Home Warranty has a large network of over 10,000 licensed and insured contractors who can provide fast and quality service for your home. Fidelity Home Warranty also offers a 30-day guarantee on labor and a 90-day guarantee on parts.
Fidelity Home Warranty has a dedicated team of customer service representatives who are available to assist you 24/7 by phone or online. Fidelity Home Warranty also offers online portals for service requests and plan management.
Fidelity Home Warranty has thousands of positive reviews from satisfied customers on various platforms such as Trustpilot, Consumer Affairs, and Google. Fidelity Home Warranty has also received several awards and recognitions from reputable organizations such as Inc. Magazine, Angie’s List, and Better Business Bureau.

Conclusion

A home warranty is a great way to protect your home and your budget from unexpected repair or replacement costs due to normal wear and tear of your home systems and appliances. A home warranty can save you time, money, and hassle when dealing with breakdowns and provide you with peace of mind and convenience. Fidelity Home Warranty is one of the best home warranty companies in the market that offers comprehensive coverage, low service fees, fast service, and excellent customer service for your home.