home warranty insurance for rental property

 

home warranty companies reviews california

If you don't have a lot of money to spare or you are looking to sell your home, a home warranty makes sense to help offset costs that you cannot afford.

average cost of home warranty plans

Everyone involved is pitted against each other from the start, and everyone will get skinned contractor and customer alike except the home warranty company. These policies appeal to hungry contractors in saturated markets, and bad customers who want something for nothing. The customers we dealt with would become so angry and desperate they would literally harass and threaten us. It's illogical to believe you can get anything substantial for the mere $75 service fee the customer pays, which, in most cases, is all we could charge for the entire service call. Hence, the denials, long wait times and band aid repairs. Paying customers always come first, regardless of how many newborns are involved.

 

Blandit Etiam

I was going to rely on a home warranty to help with this, but after reading a bunch of articles online, I found this one on Angie's list, which saved the day AGAIN. Discovering that home warranties don't cover replacement costs may change whether I actually buy this house. Thank you, Angie's List, for your research and listings!We were recently contacted by one, they wanted to know if we would be interested in doing some of their work in our area, we took a look at their contractor agreement, let me tell you this, what they wanted for us would have done two things if we had accepted their proposed rates / their work. 1 It would have created a situation where even our top technicians would have had no time to properly diagnose problems, and the customer would have received patch repairs just to keep it going versus a solid repair to at the very least help prevent future failures due to conditions that we were supposed to overlook as per the warranty company. 2 We would actually lose some of our regular business customers as a result of the bad reputation we would have gotten from doing work as per the requirements of the warranty company, we would have actually in most cases been subsidizing the cost of the job, as they wanted to lock us into a pricing model from the 1960's. I know I have been in this trade / business for almost forty years, had relatives in the business as I was growing up, so I know. We couldn't even remain in business very long at their rates. On the other hand, we also have GREAT warranty companies out there, we recently have replaced entire HVAC systems as they were in fact non repairable, replaced complete furnaces, and condensing units as needed. In each and every one of these the customer only paid the deductible averaging some $70. 00. I wish I could say which ones are good and which ones to stay away from, but, I simply do not have a budget that can carry a full legal staff to defend these facts, or fight the bad ones when they came after me.