Appliances

What is Home Appliance Insurance?

Written by Mari-Allyson Dee-Taylor

THE MATERIAL CONTAINED IN THIS ARTICLE IS PROVIDED FOR GENERAL INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE PROFESSIONAL ADVICE.LANDMARK HOME WARRANTY DOES NOT PURPORT TO BE A SUBJECT MATTER EXPERT WITH REGARD TO THIS MATERIAL, AND YOU SHOULD CONDUCT YOUR OWN RESEARCH AND/OR SEEK THE ADVICE OF APPROPRIATELY QUALIFIED PROFESSIONALS WITH REGARD TO YOUR SPECIFIC CIRCUMSTANCES BEFORE YOU TAKE ACTION. LANDMARK HOME WARRANTY ASSUMES NO RESPONSIBILITY, AND SPECIFICALLY DISCLAIMS ALL LIABILITY, FOR YOUR USE OF ANY AND ALL INFORMATION CONTAINED HEREIN.


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When you purchase a new home appliance, you’re usually offered some type of home appliance insurance for an additional charge. But if you have a home warranty, you don't need any supplemental insurance on your appliances!

What is Home Appliance Insurance?

Home appliance insurance is simply an extended warranty.

When you purchase a new appliance, you will most likely be offered a home appliance “insurance” plan, which is just an extended warranty. Most of these extended appliance warranties protect functional parts and labor from normal wear and tear, power surges, heat or humidity, among other issues.

Home appliance insurance, or extended warranties, can be expensive. The payments depend on how expensive the appliance is and the duration of the extended warranty. The longer the plan lasts, the less expensive it is. When you purchase appliance “insurance,” or an extended warranty, you are only insuring that one appliance! When you are looking to protect more than just one of your appliances, the cost can add up fast. A 3 year extended warranty for one major appliance is $150, while a home warranty that covers all of your home’s systems and appliances starts at $350.

If you are looking for home appliance insurance, a home warranty might be money better spent!

infographic explaining what the difference is between a home warranty plan and a home applienace insurance

What is the Difference Between Home Appliance Insurance and a Home Warranty?

A home warranty is just like home appliance “insurance” but protects more of your home’s systems and appliances.

A home warranty covers the systems and appliances within your home for a yearly premium that ranges between $350-$600. You can choose different levels of coverage depending on what systems and appliances you would like covered.

Most Landmark home warranty plans cover a home’s:

  • Plumbing system
  • Electrical system
  • Heating system
  • Cooling system
  • Dishwasher
  • Oven
  • Range or cooktop
  • Kitchen exhaust fan
  • Garbage disposal

There are also upgrades that you can choose depending on other appliances in your home, like:

  • Swimming pools, spas, and hot tubs
  • Ice makers
  • Water softeners
  • Washer and dryer sets

Landmark also offers pre-season tuneups to keep your systems and appliances running through the seasons.

Home warranties are like home appliance insurance, but better! Landmark pays for repairs and replacements on covered systems and appliances when they fail from normal wear and tear. All you have to pay is your yearly (or monthly) premiums, and a service call fee.

So where is my money best spent, you ask? Let’s compare!

You Can Get More Coverage for Your Money with a Home Warranty

Unlike home appliance “insurance,” which covers one appliance, a home warranty can cover all of the systems and appliances in your home for less! Having multiple extended warranties can be expensive and not worth the money. Your money will be better spent when you choose to put it toward a home warranty plan. Experts have reported that homeowners spend between 1-4% of the homes cost in yearly repairs. Although spending $100 to get an extended warranty on just your refrigerator may seem inexpensive, if you have to pay $100 for each appliance, that cost can add up fast, and easily outweigh the cost of a home warranty. With Landmark’s affordable monthly payments, you may only pay $50 per month and you get all of your systems and appliances covered!

Request a quote today for a Landmark home warranty!

Appliance Warranty Resources

A Landmark Home Warranty offers warranties that cover your home’s appliances. Learn more about what we cover with our appliance warranty plans and how to maintain your appliances so they run longer.

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