What is a home warranty?
A home warranty is a service contract that covers the repair or replacement of many of the most frequently occurring breakdowns of home systems and appliances.
Why do I need a home warranty?
Your home is most likely one of your biggest investments. Unexpected repair or replacement costs during a listing period can easily strain your budget. Plus, finding a qualified professional to solve your problem can be stressful and inconvenient. A home warranty cannot prevent systems or appliances from breaking down, but it can help make covered repairs or replacements easier.
You can add a home warranty for both your listing period and continue it on for the buyer, for a year. A home warranty is a renewable service contract that covers the repair or replacement of many major systems and appliances in your home. Statistics show there is a 68% chance that a major system or appliance will break down in a given year* and the average replacement cost of a home system/appliance is $1388.* When a covered item fails, just call you would call the warranty company An agent of the company will contact an insured contractor to handle your request. The contractor will schedule a time to assess the problem and make a repair or replacement. Upon arrival, you’ll pay the contractor a trade service call fee. Customer service representatives are available 24 hours a day, 7 days a week, 365 days a year to accept service requests by phone or online.
Commonly asked questions:
“How many times can I use my home warranty?”
Unlimited during your contract term. Please refer to a brochure for specific covered items, terms and conditions, limitations and exclusions.