Home warranty: Are they really good?

& # 39; What is home warranty? & # 39;

The house warranty is like insurance. Indeed, in some states, the insurance committee may even regulate them. I know in Texas, the real estate committee regulates these companies.
Basically as a homeowner you will pay hundreds of dollars a year to the company to cover the main home appliances and components of your home. If something goes wrong, you call them, organize the situation, and give out a technician to tell you if it covers.

Is this really a good thing?

Some consumer problems usually arise when there is a claim. They may have believed that every year, and everything in the house is covered. After that, A / C comes out one day in August, calls the house guarantee company and sends a technician to see A / C. "I think that there is this guarantee" "Your A / C device will be shot and you will need a new one." There is no guarantee to cover the new A / C because you have not been "repaired" each year or because the service technician has learned why he left for "pre-existing" condition.

I saw the claim denied for a very suspicious reason. If they can deny the claim, please stop it and think about it. To that detail I continue to inform you that it says "We do not guarantee it." A technician coming to your house may be a person who decides whether the job is eligible for guarantee. In some cases, these third-party contractors employed by a guarantor company may not repair or exchange damages much, as if you called from a phone book. We are seeking some opinions before making a decision.

There are several reasons why we confirmed that the home guarantee company refused the complaint

Inadequate periodical maintenance

· Existing conditions

· Suspected & # 39; code & # 39; problem

· Component not installed for each manufacturer Installation procedure

If you plan to purchase one of these policies, the best way to protect yourself is to call the company and ask which service provider to use in your area. Call the service provider, schedule the inspection to come out, watch the home system and components, and ensure that the housing guarantee policy covers it. They get it written that everything is covered.

Also, we need to guarantee what the warranty does and not guarantee. I have never seen a blanket coverage policy, so I do not think it will cover everything at home. I will tell you like some realtors. Read the booklet!

If the guarantor company refuses my claim, what is my choice?

I bet that most states regulate these companies somewhat. Please check with your state law firm. They should have all the information you need. If there is a denial of the assertion that it feels legal, you may even be able to file a complaint to your state's AG office.

Good luck and read the fine prints of those contracts!