4 Best Home Warranty Companies for Condos (2024)
Learn about the importance of condo protection and our favorite providers for coverage.
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Owning a condominium or townhouse varies slightly from owning a single-family home. However, just like with single-family houses, condo home insurance only covers certain types of catastrophic damage, which means your condo’s systems and appliances won’t be protected from issues that occur from a lifetime of use. A condo home warranty safeguards your budget from repair costs due to normal wear and tear.
After reviewing dozens of trusted home warranty companies with condo warranties, we picked four companies we believe offer the best coverage. Lear about our picks and the benefits of this type of warranty in the guide below.
Key Takeaways
- The average condo warranty costs about $53 per month or $636 annually.
- We recommend Liberty Home Guard and American Home Shield as top choices for condo home warranties.
- Condo warranties offer less comprehensive protection than a single-home plan, resulting in lower monthly premiums.
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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.
Top 4 Home Warranty Companies for Condos
Here are our top picks for home warranty providers that cover condominiums and townhouses:
- Best Customer Support: Liberty Home Guard
- Best for Comprehensive Coverage: American Home Shield
- Best for High-End Items: First American Home Warranty
- Best Budget Plan: Select Home Warranty
Comparing the Best Home Warranty Companies for Condos
The table below compares the best condo home warranty companies based on some of the key factors from our in-depth rating methodology, including BBB ratings, service fees, and monthly cost.
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| #1 out of 16 companies | #2 out of 16 companies | #3 out of 16 companies | #4 out of 16 companies | |
| NR | B | B- | B | |
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Monthly Cost |
$49–$59 | $49–$109 | $44–$47 | $47–$87 |
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Service Fees |
$65–$125 | $100–$125 | $60–$75 | $75–$125 |
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Customer Support Options |
Email, Phone, Online Chat, Online Portal | Phone, Online Portal | Email, Phone, Online Portal | Phone, Online Portal |
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Response Time |
Up to 48 hours | Up to 48 hours | 48-84 hours | 4–48 hours |
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Pros |
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Cons |
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Summary |
We recommend Liberty Home Guard for homeowners who need coverage for multiple HVAC systems and extensive add-on customizations. |
We recommend American Home Shield for homeowners who need comprehensive coverage for older homes. |
We recommend Select Home Warranty for homeowners who need affordable HVAC-only coverage. |
We recommend First American Home Warranty for homeowners who need robust plan options for HVAC and high-end appliances. |
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Promotions |
$200 Off + 2 Months Free + Roof Leak Protection | Black Friday Savings: 50% OFF Select Plans | Use code HOUSE25 for $150 off + 2 months free | $100 Off with Code “PROTECT” |
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Rating Categories |
Liberty Home Guard | American Home Shield | Select Home Warranty | First American Home Warranty |
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Coverage |
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Value |
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Trustworthiness |
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Plan Transparency |
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Customer Support |
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Flexibility |
How Do Home Warranties for Condos Work?
Condo home warranties offer financial protection for unexpected system and appliance breakdowns, similar to warranties for single-family homes. However, condos have slightly different repair needs than most single-family houses. Condo warranties cover appliances and systems within individual residences, while the condo association maintains shared amenities, such as HVAC and plumbing.
Many home warranty companies offer either condo-specific coverage or customized plans that protect home appliances. They may also offer add-on items for additional systems, appliances, or home services.
How Much Does a Condo Home Warranty Cost?
Based on our research, the average condo home warranty costs $53 per month or $636 annually. This is significantly lower than coverage for a traditional home. Our team sent a home warranty survey to 1,000 homeowners in February 2024 to help us determine typical home warranty costs. We learned that the average single-family home warranty costs $89 per month, 68% higher than condo coverage. The lower costs are a result of the more specific coverage that condo home warranties provide.
Service call fees remain consistent across all home warranty types despite the reduced coverage. Our survey revealed most homeowners pay between $58 and $150 per service technician visit. Additional cost factors may include your location, add-on coverage options, and included coverage. We recommend getting quotes from multiple providers and comparing their services to find the best pricing.
Reviews of the Best Home Warranty Companies for Condos
Liberty Home Guard
Best Customer Support
American Home Shield
Best for Comprehensive Coverage
Select Home Warranty
Best Budget Plan
First American Home Warranty
Best for High-End Items
Does Your Condo Need a Home Warranty?
A home warranty is a worthwhile investment for a condo owner as it protects individual appliances not covered by the condo association. The condo association’s master insurance policy will cover shared spaces and the overall structure of a building, but you’re responsible for coverage inside your unit.
Condos tend to have slightly different repair needs than most single-family houses. For one, some of a building’s amenities and systems may be shared with other units. If two or more units share an appliance or system in your condo, a technician may find it more difficult to assess fault for the damage. Unless a multiunit dwelling has a single home warranty for the entire building, damage to shared systems nearly always falls outside of coverage.
Condo home warranties cover any items not covered by the condo association’s protections. The level of protection offered by condo associations can vary, so it’s best to check with yours to understand which shared systems and amenities are covered. Then, you can choose a condo home warranty covering any gaps their protection leaves.
Our Final Take on Condo Home Warranties
The process for purchasing a condo home warranty is similar to the process for purchasing coverage for a single-family home. However, since condo estimates aren’t as readily available, we recommend contacting each company directly to see how much your unit would cost to cover.
Annual Home Warranty Cost Calculator
Our team created a calculator to break down the estimated annual cost of owning a home warranty. Enter your monthly premium, service call fee, and estimated number of claims to see your projected annual cost. It’s best to request a quote directly from one of our recommended providers, as annual costs and service fees vary between them.
| Appliance | Average Repair Cost | Average Replacement Cost |
|---|---|---|
| Dehumidifier | $50–$200 | $1,300–$2,800 |
| Microwave | $50–$400 | $60–$2,000 |
| Dishwasher | $50–$500 | $400–$3,000 |
| Exhaust Fans | $16–$300 | $250–$950 |
| Electric Range | $100–$500 | $230–$3,000 |
| Gas Range | $100–$500 | $230–$3,000 |
| Dryer | $100–$400 | $450–$2,300 |
| Oven | $100–$430 | $400–$3,000 |
| Washer | $50–$450 | $400–$2,300 |
| Freezer | $90–$500 | $160–$2,900 |
| Refrigerator | $40–$350 | $200–$5,000 |
Note: The annual cost figure generated by our home warranty calculator is not an indication of a company’s actual plan cost, as annual costs and service fees vary based on your plan selections and your home’s size, type, and location.
FAQ About Home Warranties for Condos
What is typically included in a condo home warranty?
Condo home warranties typically include protection for your unit’s individual appliances and systems. This type of home warranty plan doesn’t cover shared systems or amenities maintained by your condo association.
Is a condo home warranty still worth it if shared items aren’t covered?
It’s still worth getting a condo home warranty since not all items in the condo are shared. The appliances in your unit, such as the refrigerator or clothes washer, may still require coverage if they fail due to normal wear and tear. Condo plans are typically a little cheaper to make up for the fact that not everything is covered.
Is a condo home warranty different from a home warranty?
No, a condo home warranty offers the same item coverage as a home warranty for a traditional home. Home warranty companies offer access to the same plans as single-family homeowners despite lower prices for condo coverage.
Related Resources
- Best Home Warranties for Mobile Homes
- Best Home Warranties for Rental Properties
- Liberty Home Guard Review
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 reviews@thisoldhousereviews.com.
