How Home Warranties Work
1. What is a Home Warranty?
A home warranty is a renewable insurance service contract for the protection of the homes major systems and appliances
We offer protection for every type of property including single-family, condo, townhome, multi-units, and even mobile/manufactured homes.
2. How does a home warranty work?
Typically for a real estate transaction, it is offered for the buyer so it close of escrow it becomes active for a year and can be renewed.
At that time if any Major mechanical system in the home breaks due to normal wear and tear they can call our 24-hour claims department to tell us the issue and we find and dispatched the particular technique and to fix the problem. They can also place a claim online with our website.
We have a huge list of in-network contractors that we provide that must be licensed and bonded.
After the claims place the contractor will reach out to the homeowner and set an appointment there is a $75 service fee deductible due at the time the contractor comes to the home. Once the technician diagnoses the problem if it can be fixed we will repair it if not we must replace the entire system.
3. What does a Home Warranty cover?
Most of the major systems in the home, for example, air-conditioning, furnace, appliances, electrical, water heater, pool spa even garage door openers, ceiling fans and the list goes on for optional items.
We do not cover any “known pre-existing, failures only issues that come up due to old age and normal wear and tear. We do not cover maintenance or handyman work.
We do not cover secondary damage like fire or flood that would be taken care of by Homeowners insurance.
4. Do I need a Home Warranty?
Absolutely especially if you’re not buying a brand new construction home.
You need peace of mind and budget protection, it’s the same principle of why you carry car insurance or health insurance.
After it expires – Because the warranty is renewable for as long as you own the home I highly recommend you keep it renewed because as the property gets older or unexpected items could fail.
Current homeowners – yes we have a product for everybody, even if you’re not going through an escrow transaction you can put a home warranty on right now, it’s the same principle with enormous protection as we don’t have a crystal ball or x-ray vision when something could break in the home, we do all the work to find the right tech and they are all pre-screened before we hire them. If you contact me directly and state the Sackin-Stone Team I can put you in our friends and family discounted pricing if you’re not going through any type of real estate transaction currently.
An investor that has a rental with tenants – This is the perfect plan for investors to save money with tenant occupied properties, they can even give their tenants our 24-hour claims department line if they’d like and the tenant can call in the claims themselves. Because rental properties sometimes See more wear in tear & breakdown of items than owner-occupied it’s the perfect solution! We’ve saved thousands of dollars for investors with rentals.
About Me
Roberta Curlender
First American Home Warranty
