A home protection plan is a service contract that many different warranty companies feature as their main product or their only product. Home protection plans are designed to cover the replacement or repair of various home systems and appliances. These things do eventually break down as time goes on, and it can get quite expensive.
American Home Shield is a warranty company that founded the entire industry in 1971. Although it has been over forty years since the company was created, it is still a leader in this industry. American Home Shield has over one million customers in 49 states. In addition, this company employs over sixteen thousand men and women. These men and women are employed in Tennessee, Iowa, Georgia and Memphis for the most part. Memphis is American Home Shield’s corporate headquarters. This company is also a part of the ServiceMaster Company and has been since 1989. The ServiceMaster Company is one of the biggest service networks in the world.
Old Republic Home Warranty came into existence in 1974, just three years after American Home Shield. At the time, the company was known as Dependable Home Warranty. The Old Republic home warranty plan is designed to offer comprehensive protection. Owners of this policy are protected from the cost of replacing or repairing any major systems and appliances in the home. The standard Old Republic Home Warranty plan offers coverage of heating and electrical systems, plumbing and even appliances. Appliances may include the water heater, the oven, garbage disposal, dishwasher, the trash compactor and other special items. Old Republic does offer additional coverage. However, available coverage varies by state. Old Republic Home Warranty is the third biggest home warranty in the nation.
HWA Home Warranty has been in business since 1996. Although it has not been in business for a very long time, it is still one of the leaders in the home warranty industry. Their home warranty programs start at $24.95 a month. HWA offers many different payment options. This includes making a payment each month. HWA offers the Green Plus warranty plan as well. This warranty is available for an extra $6.25 a month. Green Plus is a program that provides products that are approved by Energy Star when a customer needs to replace a system or appliance. Energy Star products allow consumers to get tax money back.