September 2025
Top Home Warranty Companies for Rental Properties

A rental property home warranty is a service agreement that helps landlords cover the cost of repairing or replacing major systems and appliances in their rental units when they fail due to normal wear and tear. It helps protect rental income and reduces the stress of managing unexpected repairs.

A rental property home warranty covers repairs and replacements for systems and appliances—such as HVAC, plumbing, and kitchen appliances—when they break from everyday use. Homeowners insurance covers damage caused by events like fire, storms, or theft but does not cover normal wear and tear.

Top-rated plans typically include essential systems like heating, cooling, plumbing, and electrical, along with appliances such as refrigerators, ovens, dishwashers, and laundry machines. Many also offer optional coverage for items like pools, spas, and roof leaks.

No, most home warranties do not cover damage caused by tenant misuse or neglect. Coverage applies to breakdowns from normal wear and tear only.

Yes, many providers offer coverage for older rental properties. Some may have higher service fees or specific coverage limitations for aging systems and appliances.

Annual costs typically range from $300 to $700 per property, depending on the level of coverage and the provider. Service call fees usually range from $75 to $125 per repair visit.

Most providers allow landlords to file claims online or by phone. They will send a licensed technician to the property to diagnose and repair the issue, and you’ll only pay the service fee if it’s covered.

Some providers allow tenants to file claims directly with landlord permission, while others require all claims to go through the property owner or property manager.

Most plans allow multiple claims per year, but payout caps usually apply per covered item or per contract term. Check your provider’s terms for limits and exclusions.

Many providers require using their network of approved contractors. Some offer the option to use your own licensed technician, subject to pre-approval and reimbursement rules.

Coverage usually begins 30 days after purchase. Some providers may offer immediate coverage if you’re switching from another warranty or renewing an existing plan.

These warranties are ideal for landlords, property managers, and real estate investors who want predictable repair costs, less downtime for tenants, and hassle-free maintenance coordination.