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Advantages For The Home Buyer |
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Buyer Confidence | Home warranties relieve the worry of having to pay many of the costs associated with repairing systems or appliances that break down the first year after purchasing your new home. | |
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Broad Coverage | All standard home systems and most major appliances are covered for repair or replacement. There are no hidden sublimits in the U.S. Home warranty contract | |
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Reasonable Cost | U.S. Home warranty coverage costs less than a dollar a day for most homes. | |
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Budget Protection | Due to many non-recurring expenses, such as new drapes, additional landscaping etc., the first year of new home ownership is the worst time to experience major unexpected repair bills. | |
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Low Service Fee | When a covered claim is submitted, the home buyer's total responsibility is only a $100 trade service call fee. | |
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Suit Avoidance | If an appliance or home system breakdown is covered under the warranty contract, it may prevent costly litigation between the home seller and the home buyer. | |
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This exhibit is for illustrative purposes only. Refer to the Limited Home Service Contract for specific coverage details. |
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