We really like First American Home Warranty plans. With a $75 flat-rate service fee, the company offers the lowest service fee in the industry. In comparison, most companies charge up to $125 per service call.

Secondly, they offer solid coverage. The basic plan covers all essentials including regular kitchen appliances as well as electrical components, the water heater, well pump, and ductwork.

Above all, consumers have access to a very clear contract. You might not even realize that the contract is a legal document; the wording is plain and simple.