| A home warranty is a policy that covers
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| | money, and time and convenience are part
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| the homeowner for items that are not
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| | of the benefit of a homeowner warranty.
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| covered under a typical homeowner's
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| | In addition to the ability to reach a
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| insurance policy. Some of the items that
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| | representative, confirm that there are
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| may be covered under a home warranty are
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| | repair people in the area. While this may
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| heating and air conditioning, roofing
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| | be understood, many rural areas are not
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| leaks, electrical and plumbing problems.
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| | covered by all types of repairmen that
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| Some home warranties also cover repairs
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| | are included in the contract, or they may
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| on major appliances, such as the washer,
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| | be far enough away that getting someone
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| hot water tank or refrigerator.
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| | to your home quickly can prove difficult.
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| Home warranties are paid for with an
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| | - What limits are included with the
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| annual premium, then, when you file a
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| | policy. It is important that you read
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| claim, you will pay a predetermined
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| | your policy carefully. What sounds like a
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| service charge. This will cover the cost
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| | good deal when you sign can quickly
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| of the repair. Many people like home
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| | become not much of a deal if your policy
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| warranties because they know that they
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| | excludes parts of the home from coverage.
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| will not have unexpected repair expenses,
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| | Also, ask what may cause a claim to be
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| and it makes it easier to prepare a
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| | denied. Some common reasons that a claim
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| budget.
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| | may be denied are improper maintenance,
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| Not all home warranties are created
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| | excessive wear or improper installation.
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| equally. When shopping for home warranty
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| | Some home warranty companies also
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| coverage there are five things that you
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| | depreciate the value of your home's
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| should consider before choosing a
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| | contents, which means that they will pay
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| company.
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| | less as the odds of needing a repair
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| - The experience of the warranty company.
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| | increase. While you may have to settle
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| A home warranty company will not stay in
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| | for some limits and exclusions, it is
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| business long if their service is poor,
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| | important that they are spelled out up
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| their prices too high or they do not
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| | front.
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| deliver on their promises. When choosing
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| | - The cost, both annually and for the
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| a home warranty company, pick one that
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| | service charge. There are two types of
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| has been in business more than a few
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| | payment for home warranty service. The
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| years. New companies may try to lure
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| | first is an annual premium, which may be
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| customers in with low prices, but the
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| | paid annually, quarterly or monthly. This
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| savings will not be worthwhile if the
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| | is similar to an insurance policy and
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| company is not in business when you are
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| | must be paid in order to retain coverage.
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| ready to make a plain.
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| | In addition to the annual premium, you
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| - Whether the warranty is transferable.
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| | will be responsible for a nominal charge
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| The home warranty should go with the
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| | for each service call that you make. The
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| house. Studies have shown that homes that
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| | cost of the service call is normally
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| have homeowner warranties sell more
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| | between 30 and 100 dollars. This is all
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| quickly than the equivalent home without
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| | that you will owe for repairs.
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| a warranty. When choosing a company, ask
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| | Home warranties are a good way to save
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| if the warranty will transfer should you
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| | money on what can be costly home repairs.
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| sell your home in the future.
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| | To get the most value for your money, you
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| - What type of coverage is provided? When
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| | need to research several home warranty
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| you call the number provided by the
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| | companies, assess the customer service
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| warranty company, you should reach a live
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| | and make sure that there is adequate
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| person, 24 hours a day, 7 days a week. In
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| | coverage in your area. Before you commit
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| addition, they should be ready to
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| | to a particular home warranty company,
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| schedule your repair visit right away. If
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| | read the contract thoroughly and, if
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| you have to leave messages and wait for
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| | possible, speak with some customers to
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| call backs, and then wait days, or weeks,
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| | see how easily their claims were handled.
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| for a service call, all you are saving is
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