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What to watch for when choosing a home warranty company
What to watch for when choosing a home warranty company What is a home warranty? Home warranty companies also called residential service companies provide warranty policies to existing home owners, new home buyers, home sellers, real estate agents and title companies to protect the purchaser or home owner from unexpected home appliance repairs or some other repairs that are not covered under home insurance policy such as plumbing, etc with some restrictions and limitations. Some Home Warranty companies Offer other services outside of home warranty as a bonus such as concierge service in which they go through the hassle of connecting utilities (water, electricity, gas, telephone, TV cables, Internet) for the home Buyer free of charge. Great assurance for the home purchasers: Most of the home warranty companies cover pre-existing conditions if the owner was not aware of the problem or had no way to know about it. This is a great assurance, especially for the purchasers of a home, because they never lived in that house before, therefore they are not aware of any problems and hence if there is a problem found it is covered under the home warranty insurance policy. Most Home Sellers pay for a residential service contract (home warranty). In Texas, the Buyers get to choose the home warranty company when they close the ... more
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