When we buy an appliance for our home, some of the points we consider are durability and maintenance. None of us like to be in a place where we have to buy new appliances every couple of years. Despite taking good care of your appliance and maintaining it as per instructions – it is only normal that these machines cause some trouble. A leaking washer, a moist dryer, a malfunctioning thermostat in an oven, or a creaking plumbing system, a heater that blows―the miseries that crop up are endless. Appliance insurance gives you peace of mind and saves you from such unforeseen expenses. Tell yourself it is not an expense but an investment.

Some of the more popular appliance insurance providers are

Select Home Warranty
Select Home Warranty’s USP is their substantial network of trained, certified, and experienced contractors providing faster service. They offer three plans: the Bronze plan for appliances, Gold for the systems, and Platinum for a combination of both. The company has flexible add-on options for anything specific that you need to cover. The company does not insist on prior inspection before purchasing a plan. If they cannot fix the issue in the case of repairs, they offer a cash settlement for a new item. Their average annual premium is around $379.

Choice Home Warranty Service
Choice Home warranty Service has been one of the top appliance insurance plans for some time. Their plans are affordable and reasonably priced. The company offers two plans: Basic and Total, covering all appliances that one would normally see in a home. The company also does not insist on a site visit before purchasing a plan. They provide insurance for appliances that are old and not in such good shape either. The first month is free of charge and they offer round-the-clock services. Their service fee is comparatively low. They are present across 47 states. The average premium from Choice is around $485 per annum.

Liberty Home Guard
They offer three plans: one for appliances, one for systems, and a comprehensive combination plan. You can create an account online or and contact them through their app 24×7 instead of calling. Their average annual premium is around $399. The biggest disadvantage is that they do not have a nationwide presence, which could be a problem if you relocate.

Complete Care
Complete Care’s has plans that cover a variety of appliances and systems and does not require on-site checks before purchase. With one insurance plan, you can make unlimited claims. The company offers a protection guarantee that if they cannot repair the appliance, they will replace it with a new one. Their claims department works round the clock and the average annual premium is around $420.

Home Service Club
Not all companies allow you to pick and choose the appliance that needs to be insured, and you only have to buy it as a package. The disadvantage is that you pay for appliances that you don’t own or shell out extra money as add-ons. Home Service Club allows you to customize a policy according to your choice. It offers 18- and 33-point package plans. The 18-point plan covers essential systems, and the comprehensive plan includes pest controls, whirlpools, and smoke detectors. It also offers a unique utility package for systems outside the house like gas and water lines. They have a network of about 15,000 licensed technicians, and they offer a 90-day repair guarantee. Their standard coverage costs around $551 and the comprehensive package costs around $731 per annum.

America’s First Choice
If you have just the basic appliances and are looking for a budget insurance plan to cover repairs and replacements, this will option work for you. America’s First Choice offers three plans: one for appliances, one for systems, and one for both. You can opt for a plan that fits your needs and even place service requests 24×7. Their average annual premium is around $350.