Best Home Warranty Companies in Indiana (2024)
A home warranty offers Indiana residents extra protection for their home systems and appliances during breakdowns. However, choosing the right home warranty company to cover these unexpected issues can be time-consuming and challenging.
To simplify your search, we reviewed and scored 13 leading home warranty providers to find the best options for Indiana homes. We recommend American Home Shield for its comprehensive plan protections. Our guide highlights the top five providers in the state and offers tips for finding the right coverage to protect your Indiana home.
Key Takeaways
- We picked American Home Shield as Indiana’s top home warranty company after reviewing 13 providers.
- A home warranty in Indiana costs $656 annually on average, or $46-$64 per month, but varies based on your chosen plan and add-ons.
- Our survey found that the national average monthly home warranty cost is $89, making Indiana plans more affordable.
Did You Know?
- In the last 30 days, more than 2,500 people bought home warranties from the above providers. Liberty Home Guard is our most popular provider, with 55% of buyers choosing to cover their homes with an LHG plan.
Indiana’s Top 5 Home Warranty Companies
The highest-rated home warranty companies in Indiana include:
- Best for Comprehensive Coverage: American Home Shield
- Best Budget Plan: Select Home Warranty
- Best for High-End Items: First American Home Warranty
- Best for Customized Coverage: Elite Home Warranty
- Best for Customer support: Liberty Home Guard
Provider pricing is based on sample quotes for a 2,104-square-foot, single-family home in Indianapolis, Indiana. Your monthly premium may vary based on your home’s location, size, type and chosen plan and add-on choices.
Summary of the Best Home Warranty Companies in Indiana
Below, we compare the top home warranty companies in Indiana. The monthly cost represents costs represent quotes we pulled from each provider during our secret-shopping process. We analyzed each provider’s plans, service fees, and industry reputation.
Company | BBB Rating | Monthly Cost in IN | Service Fee | Visit Site |
---|---|---|---|---|
NR** | $49–$59 | $65–$125 | VISIT SITE | |
B | $29–$89 | $100–$125 | VISIT SITE | |
B+ | $44–$58 | $70 | VISIT SITE | |
B- | $44–$47 | $60–$75 | VISIT SITE | |
B | $44–$84 | $75–$125 | VISIT SITE |
Note: BBB ratings accurate as of May 2024
Note: We based the pricing information in this table and throughout the article on sample quotes we obtained for a 2,100-square-foot, single-family home in Indianapolis, Indiana. Your pricing may vary depending on your home’s location, size, type, and plan selections.
Reviews of Home Warranty Companies in Indiana
How Are Home Warranties Regulated in Indiana?
The Indiana Department of Insurance (IDOI) regulates home warranty companies. The state offers online resources to help consumers make more informed decisions. Homeowners can file complaints with the IDOI through its Consumer Services Division. The Indiana Attorney General also accepts complaints under its Consumer Protection Division.
How Much Does a Home Warranty Cost in Indiana?
Indiana’s average home warranty cost is $55 per month or $656 for an annual premium, which is less expensive than the national average. Our February 2024 survey of 1,000 home warranty customers nationwide showed us that the national average monthly cost is closer to $89. However, your total home warranty cost in Indiana could increase based on factors beyond your premium.
Our survey revealed that service fees will cost between $60 and $150 per claim, depending on your plan. Your coverage type could also impact costs. Our research showed that most home warranty companies charge more for comprehensive plans than system—or appliance-specific options.
In addition, add-on options will increase your plan's costs but could be a necessary expense. Based on our survey results, 56% of homeowners added roof-leak coverage to their plans. You must pay extra for the add-on option since most home warranty companies don’t include this protection with standard plans. We recommend selecting coverage that suits your home and limiting add-ons to only immediate needs to save on costs.
What To Look For When Buying a Home Warranty in Indiana
When choosing a home warranty in Indiana, keep the following factors in mind:
- Compare quotes: Request quotes from at least three companies to find the best options. You could miss out on additional perks and discounts by researching only one company.
- Determine your coverage needs: Consider which systems and appliances need home warranty protection. Choose a plan that meets those specific needs and avoid getting coverage that doesn’t meet your immediate demands.
- Verify coverage caps: Check your sample quotes for details on coverage caps and ensure your essential items receive adequate protection. Read through each policy and check for any provisions concerning system age or condition that could impact your reimbursement total.
Expert Takes on Home Warranties
We interviewed industry experts for their home warranty insights. We asked some common homeowner questions regarding home warranty coverage. Their answers are below:
- What should I ask before buying an Indiana home warranty? Daniel Cabrera, founder of Sell Your House Fast, said homeowners should get clarification on the provider’s policy. He said, “Homeowners should understand what specific items, parts, or situations the company excludes from the warranty.” Ask questions about the policy’s inclusions, exclusions, and limitations.
- Do Indiana home warranties offer other reimbursement options besides repairs? Kurt Walker, a real estate expert associated with Mill City Home Buyers, said that some companies opt for cash payouts instead of repairs. “However, you must be aware that the cash payout might not cover the cost of replacement,” he said.
- How can I tell if a home warranty company is trustworthy? Peter Evering, a Business Development Manager for Utopia Property Management, said online reviews are key to understanding a company’s customer relationship. He said, “Reading customer reviews and ratings can provide insights into the experiences of other homeowners and help you gauge the level of customer satisfaction.”
Our Conclusion
We chose American Home Shield as the top Indiana home warranty company due to its comprehensive coverage options and industry experience. We recommend getting quotes from multiple companies to find the best fit for your home.
Other Resources for Residents in Indiana
FAQs About Home Warranties in Indiana
Which Indiana home warranty is the best?
The best home warranty plan will depend on the type of coverage you need and your budget. The plan that provides you with the most coverage at the best value is one worth considering. We recommend any of the companies mentioned above as a solid choice for Indiana home warranty coverage.
Are these Indiana home warranty companies trustworthy?
Yes, these home warranty companies are trustworthy. Our team vetted each company and researched its brand reputation, customer reviews, and coverage plans. However, not every company is a trustworthy option. Before signing up for a plan, take the time to read your sample contract to better understand how the company operates, its provided customer service, and any coverage exclusions.
How long do I wait before using my home warranty in Indiana?
The waiting period for an Indiana home warranty can vary based on the company. However, most providers have a standard 30-day waiting period before you can file a claim. We recommend checking your home warranty policy for exact details on your wait period.
Our Rating Methodology
We back up our home warranty ratings and recommendations with a detailed rating methodology to objectively score each provider. We conduct research by speaking with company representatives, requesting quotes, analyzing sample contracts from each company, and conducting focus groups and consumer surveys. We then score each provider against our review standards for coverage, cost, trustworthiness, plan transparency, customer support, and flexibility to arrive at a final score on a 5-point rating scale.
To share feedback or ask a question about this article, send a note to our Reviews Team at [email protected].