When renewing your home warranty, it’s important to evaluate the costs and benefits to make an informed decision. Consider the age of your house, the condition of your appliances and systems, and the potential costs of repairs and replacements. Renewing your home warranty can provide financial protection and peace of mind.

How Long Does a Home Warranty Last?

A home warranty typically lasts for one year. If you purchased a home warranty as part of a real estate transaction, the contract begins when you close on your house. However, if you purchase a home warranty plan separately, there is usually a 30-day waiting period before the coverage starts. During this waiting period, ensure that your appliances and systems are in good working condition.

Each home warranty contract offers coverage for up to 23 home systems and appliances. This includes major systems such as electrical, plumbing, and heating, as well as appliances like refrigerators, ovens, and washers. It’s important to review the details of your specific home warranty plan to understand what is covered and any limitations or exclusions that may apply.

Within the first 60 days of coverage, you can change your plan if needed. This allows you to add coverage or upgrade your plan to suit your needs better. 

Factors to Consider When Deciding to Renew Your Warranty

Before renewing your home warranty, there are several factors you should take into consideration. These will help you make an informed decision that aligns with your individual needs and circumstances.

  1. Age of your home: Older homes are generally more prone to breakdowns and require more extensive repairs. If your home is older, renewing your warranty can provide added protection against unexpected expenses.
  2. Condition of your appliances: Evaluate the condition of your appliances and systems. If they are aging or showing signs of wear and tear, renewing your warranty can safeguard you against costly repairs or replacements.
  3. Cost of repairs and replacements: Consider the potential costs of repairing or replacing your appliances and systems without a warranty. Compare these costs to the price of renewing your warranty to determine the most cost-effective option.

By assessing these factors, you can make an informed decision about whether to renew your warranty. Remember also to consider your budget, the coverage, and the potential savings on repairs and replacements.

When Can I Renew a Home Warranty?

Some home warranty companies offer automatic renewal, ensuring no lapse in coverage. This means that your policy will automatically renew once the current contract expires, providing you with continued protection for your home systems and appliances.

Alternatively, if you prefer to change your plan or add additional coverage, you can choose to renew manually. This allows you to review your current coverage and make necessary adjustments based on your needs.

When to Renew

It is recommended to start the renewal process a few weeks before your current contract expires. This allows you enough time to explore your options, gather information, and make an informed decision. By renewing your home warranty in a timely manner, you can ensure continuous protection and peace of mind for your home.

During the renewal process, you may also have the opportunity to upgrade your existing plan. This can be especially beneficial if you have experienced issues with certain systems or appliances in the past year and want to enhance your coverage. Remember, take the time to compare different companies, read reviews, and consider factors such as customer service, coverage options, and pricing to ensure you are getting the best value for your money.

The Cost of a Home Warranty Per Year

The annual fee for a home warranty can vary depending on the coverage and provider you choose. Start by determining the specific coverage for your home systems and appliances. Once you have a clear idea of your coverage requirements, you can compare the annual costs of different home warranty providers.

When comparing costs, be sure to look beyond just the premium price. Take into account any service charges, deductibles, or additional fees that may apply. Also, consider the reputation and reliability of the provider. Read reviews, check with local real estate agents, and seek recommendations from trusted sources to ensure that the provider offers quality service and timely claims processing.

Factors to consider when comparing home warranty costs:

  • The extent of coverage offered for your home systems and appliances
  • Any exclusions or limitations in the warranty contract
  • Additional fees or deductibles
  • The provider’s reputation and customer service track record

Benefits of Extending Your Home Warranty

An extended home warranty provides several benefits that can help protect your investment and provide peace of mind. Here are some key advantages of extending your home warranty:

  1. Continued coverage: By extending your home warranty, you ensure that your home systems and appliances remain protected even after the initial coverage period expires. 
  2. Protection for older homes and aging appliances: As homes and appliances age, they become more prone to breakdowns and failures. 
  3. Access to trusted service technicians: When you have an extended home warranty, you gain access to a network of trusted service technicians who can quickly and efficiently address any issues with your covered systems and appliances.

Renewing your home warranty can provide you with continued coverage, protection for older homes and aging appliances, access to trusted service technicians, and overall peace of mind. Consider the specific needs of your home and the potential costs of repairs and replacements when deciding whether to extend your warranty. It’s always advisable to review your options, compare providers, and choose a trusted company that offers comprehensive coverage and reliable customer service. With an extended home warranty, you can enjoy your home with the added security of financial protection and professional support.


When should I renew my home warranty?

You can renew your home warranty when your current coverage contract expires.

How long does a standard home warranty last?

A standard home warranty typically lasts for one year.

What factors should I consider when deciding to renew my warranty?

Consider the age of your home, the condition of your appliances, and the potential costs of repairs and replacements.

How can I assess my home warranty coverage?

Assess your current coverage and determine if any changes or additions are needed according to any changes you have made in the home or additional appliances you have purchased.

How much does a home warranty cost per year?

The cost of a home warranty per year can vary depending on the coverage and provider. The national average is $300-$600 per year.

What are the benefits of extending my home warranty?

An extended home warranty provides continued coverage for your home systems and appliances, protection from unexpected repair and replacement costs, and access to trusted service technicians.

How do I renew my home warranty with a trusted provider?

If you are satisfied with your current home warranty provider, you can easily renew your plan. However, it’s always a good idea to shop around and compare different companies to ensure you’re getting the best coverage and service.