Claim denial is an incident in which a home warranty company rejects a customer’s request for repair service. Sometimes customer claims are legit and fully entitled to receive services stated as per the contract. Claim denials are considered to be a major reason behind spats between service contract companies and the customer.
While some claims are denied for genuine reasons, some customers argue that companies deny claims on vague grounds often stating fine print from the contract. Yet, there are also cases where the companies were falsely accused of unfair claim denial solely because the customer failed to understand the terms mentioned in the home service contract.
What we need to understand is that not all companies deny claims unfairly because doing so will severely damage their reputation. So unless there is a valid reason, reputable companies will not deny a customer’s claims randomly.
Let’s take a look at some common reasons for claim denials
This is often the most common reason for denying a claim. Most service contracts only cover a fixed set of appliances and not everything in your house. If your home service contract provider gives you this reason, go check your contract and make sure that the appliance is indeed not covered. In case you find that it is a covered item, place further calls to the company and let them know that the as per the contract, the item is covered.
No home service contract covers an appliance that has become damaged due to lack of maintenance. Regular wear and tear is not caused due to insufficient maintenance. It is the result of prolonged, proper usage. It is the homeowner’s duty to carry out regular maintenance routines, especially for HVAC appliances. However, if you believe that the damage is not caused due to insufficient maintenance, tell the company that you need to get a second opinion from a different contractor.
Home service contract providers often tell the customer that the damage was one that existed even before the contract was signed and hence it will not be covered. There’s hardly anything you can do about such a denial. However, you can avoid chances for such disputes by making sure that you get a home inspection done prior to signing the contract. That way the home inspector’s report will clearly state about what appliance has what damage. If it is not in the report and if the item is covered, you may be entitled to a repair service.
Wear and tear due to regular usage and wear and tear due to rough handling and careless usage can be distinguished quite easily. If the damage was caused due to the latter kind of wear and tear, your claim stands a chance to be denied. In this scenario too, you can ask for a another contractor to get a second opinion if you disagree on the diagnosis.
If the appliance was not properly installed and if it violates the codes laid down for safe use and installation, chances are high that your claim may be denied.
It goes without saying that the policy booklet, the contract and the inspection report, if any, must be preserved carefully. The moment you realise that your claim has been denied, go through your contract and policy document to make sure that the claim is denied purely based on the terms in the contract. If you have a home inspection report go through that too. If you feel that your claim has been unjustly denied, you can call the home service contract company again and press the issue.
You can also visit review websites and post a review about your experience. HomeWarrantyReviews.com has a feature called the Complaint Resolution Program (CRP) which is a platform for companies and their customers to resolve their issues. The customer merely needs to report his negative experience with HomeWarrantyReviews.com, following this, he will be asked if wants to take part is CRP. If he/she chooses to participate in it, the company will be notified about his/her grievance and will be given 30 days to respond/ sort it out. If the company fails to respond or resolve the issue, the customer’s negative review becomes public. Some review websites allows their users to resolve the issues with the contract provider by communicating with them through a specific platform. The advantage of this system is that if the home service provider fails to resolve the issue for the customer or fail to respond within a time frame, the review becomes public, thereby affecting the rating and reputation of the company. Most companies do not want that.
Whatever the reason could be, we request customers to make things clear before they react to a claim denial. It could be that the company is not at fault here and because of a misunderstanding, their name gets tarnished. Most of the unpleasant scenarios can be avoided if the company you pick is reputable. Hence we cannot stress enough on the importance of picking the right company, a good home service contract provider will always put the interests of the customer first. Remember, good communication is often the solution to the biggest of problems.
Wondering how to start preparing for that perfect dinner you want to host? But your oven range refuses to listen to you. My cake is not baked the way it should have. Oh no! My turkey caught fire while in the oven. Does this sound like your problem?
All of us at some point of time face problems with these electronics. The oven range parts can malfunction and get irksome at times. There are different styles of ovens, including self-cleaning, convection ovens etc, and the style of your oven will determine how you care for it.
Most commonly noticed problems are the broiler elements, bake elements, thermostats, switches, control boards and knobs. Dealing with these issues is a part and parcel of life, but how to make your life simpler and use your oven range in best possible way. Here are some tips that are sure to help.
Making your oven range look clean and sparkling was never easy but these simple tips can save your time and give that desired look to your appliance. Maintenance of your appliance is crucial. Follow these guidelines for cleaning without damaging your oven surfaces.
It is always advisable to clean your oven as and when you are done, it helps you to avoid those tough stains. They become a mess if left for longer.
A home warranty is a service contract, normally for one year, which helps protect homeowners against the cost of unexpected covered repairs or replacement on their major appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order at the start of the contract. Please note that a manufacturers guarantee and home warranty are totally different.
Home warranty companies cover oven and ranges as the major appliances and it is applicable in case of wear and tear and accidental damages but any damages due to non maintenance of your appliance, the home warranty companies will not cover the charges.
After a year of purchase its better to extend your warranty period. An extended warranty is a type of insurance policy that covers your household appliances beyond the manufacturer’s guarantee. If your oven/range breaks down due to a mechanical or electrical failure, the home appliance warranty will pay for repairs or a replacement.
Oven ranges are one of the most common appliances used at homes. Almost 90 percent of household use oven ranges in America. There are even double range oven selling in the market where you can cook two turkeys at a time to make your job even more easier. Replace worn out parts like bulb, knobs, and get your oven serviced once in awhile. Maintain your appliance well to fulfill your love for cooking and baking so that you can host more dinner parties and family gatherings without any distress.
Usually, appliances last for several years, mainly when they are properly maintained. Adequate maintenance actually brings down faulty function incidents considerably. When household appliances no longer work, you have two alternatives. You could either substitute it or repair it. In order to make the right decision, many points have to be kept in mind. Firstly, make sure your commercial appliance’s age and warranty period. If the particular warranty period continues, your repair could fee you nothing, or much less than what you suppose to pay otherwise.
Assuming that the warranty period is over and consequently repair shall be pricey, then you certainly must consider a few points. You must begin with obtaining estimates and quotes from no less than four different service providers. If the cost is about 50% of the cost of a new appliance then it is worth getting the repair done. If not, it would make more sense to just upgrade to a newer model. An amazingly old kitchen appliance may give you the situation of hard-to-find spare parts. Your repair guy might have a tough time discovering suitable appliance parts and he could charge extra for that too.
Getting original parts to be substituted by spare alternatives is not a very good idea. There are high chances of making more troubles than answers. Even if it does not prove to be a fix, you will face stumbling blocks later on. Throw away your appliance and get yourself a new one instead. New models from reputable warranty companies tend to be more energy-efficient and reasonable. By employing environmentally friendly commercial appliances in your business, you will also be promoting goodwill and sales among your patrons. It also transforms to lower energy expenses and more savings. The extra cost will surely be justified over the years.
Commercial appliance repair service is normally billed for on hourly basis. Average hourly rates for the first half an hour could vary between $50- $70. After that, for any subsequent moment block the rates will be a few dollars less per half hour. On average, if you are a regular customer of a company, you can anticipate to pay 10$-20$ per hour for time slots from your technician. Lower rates are charged if your appliance is delivered to the provider shop and the technician did not have to go onsite for the repair. Sometimes based on the complexity of the job, the rate will vary. This will usually adjust in benefit of the client as then, the duration of time taken for repair is not of importance. The person will not be anxious about being charged too much.
When calling your repair services call center or offices, bear in mind that ‘overtime calls, i.e. the calls taken after business hours, on holidays, and on weekends, will naturally cost you extra. In fact, charges might even be as much as 25% over. Thus, take thin in account. If the repair is not an emergency, calling for an urgent ‘overtime repair’ is not a very smart idea.
If you are most consumers, you would not even consider buying a new or pre-owned car without some type of warranty. So why would you purchase a home without similar protection? Well, the simple answer is the majority of people just don’t know that home warranties exist. But as home sales are rising, buyers are negotiating for the best possible deals and sellers are seeking for advantages to make their home more pleasing. As a result, home warranties are rapidly becoming part of home sale transactions on both sides.
A typical pre-owned home warranty is a service agreement provided to the sellers and/or buyers all through the sale of a home that protects the home’s essential mechanical systems and appliances. Usually, home warranties protect sellers and new homeowners from repair and/or replacement costs that are not covered by their homeowners’ insurance. While specific coverage differs, some of the most common items covered are the water heater, HVAC system, plumbing and electrical system.
According to Homewyse, in 2012 the average cost to Repair Appliances varies from $184.63 to $242.40 per each appliance.
Your cost depends on material costs and local labor, level of preparation, finishes quality and job complexity.
The cost estimate includes:
The cost estimate does not include:
The following list comprises major work tasks commonly performed during Appliance Maintenance.
Make use of this list to know the timing and sequence of different steps in the Appliance Maintenance project.
The table mentioned below is provided by Homewyse which is a vendor neutral, comprehensive online reference for the home. It is published by competent home design and construction professionals who seek to produce a “level playing field” for trade professionals and consumers. By relevant professional knowledge and expert insight which is easily accessible to the average homeowner, Homewyse facilitates effective decision making in all matters related to home.
|Task||Service Provider||Duration||Do-it-yourself difficulty||Target Cost|
|Install Electric Cooktop||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$513 – $932|
|Install Gas Cooktop||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$583 – $1,062|
|Install Trash Compactor||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$520 – $949|
|Install Range||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$895 – $1,643|
|Install Vent Hood||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$445 – $811|
|Install Washing Machine||Appliance Service and Repair Technician||1 d||Level 3 – Complex, Difficult||$695 – $1,273|
|Replace Washing Machine||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$695 – $1,273|
|Install Refrigerator||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$70 – $117|
|Install Dishwasher||Plumber||1 d||Level 3 – Complex, Difficult||$488 – $886|
|Repair Appliances||Appliance Service and Repair Technician||1 d||Level 3 – Complex, Difficult||$70 – $117|
|Repair Dishwasher||Appliance Service and Repair Technician||1 d||Level 3 – Complex, Difficult||$70 – $117|
|Repair Dryer||Appliance Service and Repair Technician||1 d||Level 3 – Complex, Difficult||$70 – $117|
|Repair Refrigerator||Appliance Service and Repair Technician||1 d||Level 3 – Complex, Difficult||$70 – $117|
|Replace Built-In Refrigerator||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$1,820 – $3,354|
|Replace Trash Compactor||Appliance Service and Repair Technician||1 d||Level 2 – Challenging||$520 – $949|
|Install Waste Disposal||Plumber||1 d||Level 2 – Challenging||$105 – $175|
|Install Ice Maker||Plumber||1 d||Level 2 – Challenging||$230 – $407|
|Install Dishwasher||Plumber||1 d||Level 3 – Complex, Difficult||$488 – $886|
|Install Garbage Disposal||Plumber||1 d||Level 3 – Complex, Difficult||$250 – $444|
Extended home warranty provides warranty coverage for major home appliances after the manufacturer’s warranty period is completed.
Buying the home warranty, avoids unnecessary stress and to assists you in peace of mind. It is truly a best insurance for your investment. The costs are very low compared to repair bills of any of your appliances.
Homeowners are generally provided with home warranty coverage along with the purchase of new house by the seller. But when your original home warranty expires, you have the choice of extending your existing warranty. Before deciding on extension of home warranty it is essential to know whether it is really beneficial to consider the warranty to continue hence let us find the facts on this issue.
The basic home warranties are available at about just $400 per year. Let us assume that the warranty period has expired on any major appliance where the device may have lost manufacturer’s warranty. Just an initial visit may be charged minimum of about $50 to $100. Repair companies will also bill on an hour basis, for the first hour they may charge you about $50 to $70 and sometimes the subsequent hours will be charged less but varies from case to case. Addition to it you are expected to pay for the repair job.
Planning for home repairs is not predictable. Charges on repair job will differ depending upon the system, duration of time since how long you are using the device. In the usual cases home warranty policies covers up the equipments insured for the period of one year once the warranty is about to expire you can just extend the home warranty just by additional payment and renewal of documentation on what all appliances the policy should cover.
Extended home warranty can surely help homeowners in leading stress free life and saves tons of money. It is realistic if you have been repeatedly spending on maintenance and repairs. Usually the breakdown period of appliances starts just before or after your warranty expires because of its usability, if you want to avoid such hassles of contacting repair services. Extended warranty service just makes things easier you are already guaranteed of competent and licensed repair company.
If you calculate, you will surely save thousands of dollars on all the possible repairs, this is quite a big amount of money that you have to set aside if you choose not to opt on warranty. At the end of each passing year you would get a clear idea on how much you need to pay on the renewal of your policy to extend the assurance. There is no need to search for fresh home warranty companies to renew the scheme you can just pay the extra amount and set your life in calm. Any unexpected issue will also be taken care of such companies hence it is truly worth to invest money in affording extended home warranty plan.
Based on your choice, these policies can be extended online or in person. You may be able to find better deals on home warranties online. On the other hand, a benefit of this is that you can take your time to make up your mind without salespeople constantly pestering you. You do not even have to browse the pages of your directory and call them one by one to ask for availability, if you have this service. All it takes is one call to make your life simpler and relaxed.
Farming is not an activity which can only be done in a vast plane area; it can also be confined to your house, home or an apartment. Sounds appealing, isn’t it? It isn’t a mammoth task, after all, it is feasible and easy! For starters, here are some tips on where to start from, to have a fun-filled family activity like Urban Farming and get health benefits too!
A balcony or a patio would be the first option coming to your mind. It essentially should be your first option because it receives plenty of sunlight and has open spaces. One more benefit is that it will keep the soil away from the inner area of your home. You can beautifully decorate the plants on both sides by keeping a path for walking!
The front or backyard is all you have if you are a resident of a lower level. With a lot of unused space, a collective farming can also be put in. Although it might not be an ideal area to dig in for farming, you can line up containers and start growing them.
A fire escape can be a new way of urban farming. After leaving a little space for the footpath, place your containers in the landing. Even though it has limited space, it can be useful to grow something for yourself.
The handrails! Yes, you heard it right. With the same method you used for the fire escape, handrails can also be used to grow one or more produces for oneself.
Walls, for instance, provide a lot of space for vertical gardening that needs to be clamped to the wall. Thus, they should be followed up with asking for permission from your landlord.
Windowsill boxes are better than the walls as they do not need to be secured. You can just lay some containers with no other extra attachments.
An essential need for all plants to grow is sufficient sunlight, without which plants wither away. Typically, a plant needs minimum 6 hours of sunlight a day for its full growth. But in an Urban Farming setup in an apartment, what we primarily lack is also sunlight. Due to various problems with other apartment or roofs barricading the sun rays, it is quite a task to find spaces where it is possible to grow a crop.
It is advisory to assess the amount of sunlight received in your apartment for some days. Either by making a note of it or by clicking pictures of spaces you are planning to grow crops every one hour, it is necessary to understand the pattern of sunlight received.
After the above task is done, the next step is to evaluate which space will be suitable for your Urban Farming. And this should be according to the maximum amount of sunlight received.
A lot of other questions have to be answered before we decide what to grow in your Apartment.
Prefer to a grow a crop you and your family prefer to consume. It is a total unworthy effort if you plan to grow a crop you don’t like consuming yourself. By raising a crop you like, it doubles your satisfaction that you have a farm all by yourself and can consume it with all your heart.
Decide on the purpose for which you are setting up the farm. If your motive is commercial, it is better to choose a crop that yields high income when you sell. It needs a study of the market value of various crops that can be grown in an apartment set-up. After that, decide which will be feasible and meanwhile profitable to you.
The climate conditions are also essential things to keep in mind while you are planning to set up an Urban Farm. Certain Herbs, Vegetables, and Flowers grow only at a specific temperature. Thus seasons are also one thing to check before you start on with the farm.
Any activity related to farming needs an added focus. Besides watering and adding fertilizers to the crops, there exists a task of maintaining the various machines used for farming.
Be it a lawnmower or a container garden, a frequent inspection is an essential activity for extending their life. However, as the produce keeps growing, it demands multi-tasking.
But here’s the easy way! HomeWarrantyReviews.com provides a hassle-free affair of managing all the repairs and maintenance. By listing out to you Various Home Maintenance Companies, Home Warranty Reviews brings to you many options to choose from. To know more about your spot estimates, A Home Maintenance Calculator can be a relief for any Urban Farmer.
So why wait? All you need is to find a place and plant your favorite crop. Connect with roots. Connect with nature. Feel the magic of farming in your apartment!
Buying your own home is a dream that many of us cherish and wish to realize one day, but with increasing property prices and taxes, it is becoming increasingly difficult to become a homeowner. While the real estate market is booming with hot options, and extensive marketing to push people to buy a new home over renting, potential American homeowners are more skeptical of the costs and potential return on investment than in past years.
Buying a home is profitable as long as one can commit to living in the home for a longer period, thus avoiding any extra rental expenditure. But with today’s work culture, it has become considerably uncertain to live in the same city forever and hence may put one in a dicey situation to pay for a mortgage as well as rent while moving to a new city for work or studies.
The mortgage terms should be read through and well understood before buying a home as the value appreciation by buying a home could cause loss, if the home maintenance cost like replacing the heaters or repairing a ceiling or water bills and the actual amount of money going into the principal is considered. In such a scenario, you can opt for a home warranty plan to cut down on the maintenance cost.
Overall stability is a factor that dominates each one of your financial decisions. Stability, in terms of job, relationships, promotion, savings, and family plans determine the amount of money that could be needed for future expenditure and can hence allow you to buy a home or not.
While buying a home can get you some tax deductions, there is a lot of added pressure as well, in terms of an assured amount that’s needed to pay-off the mortgage, unless you wish to lose your assets to the bank. Also, as per figures, value appreciation in property rates since 1975 has been disappointing and not earned much profit to the homeowners in comparison to other investment options available in the market.
Apart from paying for a mortgage, savings for future and sufficient planning for family expansion is also important as the place should meet all your requirements without piling you with a burden, for life.
Owning a home gives people the benefit to painting it the way they desire, or, make a small basketball court in the backyard and add tons of elements that define your personal space, but the fact that it also adds to a lot of responsibility cannot be overlooked. It is suggested that one should be able to pay at least 20% of the sum as down payment while planning to buy a home but at the same time what is more important is to maintain a constant cash inflow for a good 30-yr time until the mortgage is waved off and the property is entirely owned by you.
Also, it is the great freedom to make or change a carpet or any other thing in the home that comes in as a pleasant surprise while owning a home, where people are free to make their own decisions and not worry about a second opinion for changes that they make.
But the property market has been quite misleading and unforgivable to many, in terms of considering a new home as an investment for future as factors like selling off a home and at an escalated price which is at par with homeowners’ expectations, may not be the case every time. Realtors charge up to 6% of the property price and finding a deal that land you in profit is not guaranteed while making the purchase, as a homeowner. In the case of an emergency, selling a beloved property at loss may come as a shock to many homeowners. Also, dealing without a realtor may close doors to the best possible price for the property.
Rented properties, on the other hand, come with a bag full of its own positives and negatives. For e.g., living in a rented home lets one move to a new place without worrying about anything, unlike owning a home. But there is also a possibility of the owner escalating the rent, or, willing to discontinue the tenant once the lease is over.
All in all, there is no better feeling that creating a place that’s a representation of one’s personality, beliefs and ideologies. But leaving the emotional part of it, if planned carefully, one can afford to buy a place with a lesser mortgage and lower interest rates and proudly become a homeowner. Also, one may cut down on extra expenses by availing home warranty plans and similar saving options. As long as that takes the time to be realized, living in a rented home away from the hassle of repair and maintenance is a good idea in order to live life freely, and save enough till one can actually afford to buy a home that they can call their own!
A home is a dream that takes a lifetime to realize; and so does the investment. After putting in all of your hard-earned money in buying a place that’s a representation of your dream home, there is nothing that makes you happier as you wish to live a fairy-tale, thereafter. Buying a home is everyone’s dream but keeping a check on maintenance cost can be challenging. After investing a fortune into your new house and all the modern amenities, it can be difficult to pay for the regular maintenance cost which appears to be a part of routine expenses.
But with regular breakdowns haunting you even after purchasing the best-quality appliances available in the market, it can be challenging to pay for repair cost; especially when it sums up to be a bigger sum. In such a situation, you need to figure out ways to minimize these unavoidable expenses, without compromising on the living quality.
Apart from opting for quality appliances to avoid regular breakdowns, there are several other measures that can be followed to minimize home maintenance costs:
Maintenance costs and efforts can be controlled considerably if a home-warranty plan is insured. Despite a weak image in the market, if a suitable home warranty plan is opted for, from a trusted company, it can help bring costs down by a huge margin.
It is also known that there are several types of home warranty plans available and can be chosen from depending upon your requirement and budget. If you have just moved into a new place, you can opt for a cheaper plan and if your appliances are comparatively old, you can opt for a plan that provides better coverage.
Another thing to be ensured before choosing a home warranty plan is to be sure of the terms & conditions, and the appliances covered under the same. Some plan also offer replacement of equipment and the same can opt for if need be.
Staying in a clean environment increases your age, productivity and makes you feel happy. Similarly, keeping your appliances clean, and making sure that they are functional on a regular basis is helpful in avoiding any major breakdown. It is suggested to make these cleaning procedures a part of your routine, to increase the life of your home appliances.
The dirt can settle into these appliances and block the pipes, thus resulting in malfunctioning. Also, excessive dirt can result in a breakdown. Thus, it is advisable to keep your home and appliances clean and cut down on maintenance cost effectively.
There are times when we are too tired or busy to fix a minor fault. But avoid using faulty equipment and get them repaired as soon as a problem occurs. This will not only prevent any bigger breakdown but also save you a lot of money by minimizing the need to replace the equipment.
It is also suggested that one should get the equipment checked by a professional on a routine basis to determine any fault present. This may look like a lot of effort but can save you from a bigger expenditure.
We all have been in a situation when we try to save money by compromising on quality. This can land us in a worse situation! Buying user-trusted products can save us from a lot of future time and money investment. However, buying cheap quality products to save some money while setting up your new home should be avoided. This may demand a major investment in future in terms of repairing, or even replacement.
Replacement or repair facilities can be utilized only if the equipment is being used as per the given instructions. Therefore, the equipment should not be over-used and the given instructions should be followed. This way the appliances will be functional for a longer period of time and you will save on maintenance costs. This does not require much effort but results in wonderful benefits.
Thus, you can save on maintenance costs through multiple ways just by being a little vigilant and also by using our free tool which calculates the home maintenance costs based on several factors like age of your home, the age of the appliances & so on. Also, schemes like home warranty plans can be availed to further reduce the maintenance costs by paying a smaller annual sum rather than a hefty one by intelligently buying home warranty plans by going through our resources. Also, do get your equipment checked periodically and you can choose from different home warranty plans as per your requirement. Another important thing to be remembered is that maintenance is an integral and crucial expenditure element that cannot be eliminated. So, follow these tips and maximize your savings!
Building insurance is a type of insurance most people don’t know enough about. This is the cover that provides for dealing with storm damage, accidents, malicious damage and a range of other things most people understandably prefer not to think about at all if they can help it. Building insurance is a type of “catchall” insurance, which covers damage to buildings which can run into very heavy costs for owners. So how do i insure a building? Read this article to get clear insight about building insurance.
Buildings and risk management
This is a very versatile type of insurance, and it needs to be. Building damage can include some extremely difficult, capital-intensive issues that owners have to deal with quite regularly. It’s a form of investment protection, very common in commercial properties, to deal with the risks of businesses. If you own several million dollars worth of building, you need to know you’re properly covered.
The fact is that any type of building ownership includes a lot of basic risk management by definition. If you own rental properties, you’ll be well aware of the possibilities of damage from various sources, and the fact that premises really need to be maintained. Damage has to be fixed, and if that damage isn’t adequately covered, it’s money out of pocket upfront, a loss in any terms unless you have a very good homeowners insurance policy.
That’s not good business practice, and it’s exactly what building insurance is designed to deal with. For homeowners, the issues may be different, but the principle is the same. If you’re paying off a mortgage, and the budget is looking a bit fragile, the last thing you need is building damage running into thousands or tens of thousands of dollars. That whole scenario has to be covered, and covered properly.
Building insurance basics
The best approach to building insurance is to take a long hard look at your needs and then start shopping around for insurance that covers your needs. You’ll probably be surprised to hear that online buildings insurance is quite easy to get, complete with upfront quotes and adjustable cover, which can be tailored to your needs. This is the new paperless insurance, bureaucracy-free to the extent that it’s possible to be, and it’s getting a lot of market share because it’s highly efficient for both private and business purposes.
The shopping around needs to include:
Buildings insurance is easy to get and easy to manage. Stay in front of the issues, and your cover will do the rest.
American Home Shield is one of the most widely acclaimed and also the biggest player in the home warranty industry. With over 40 years of experience in caring for its patrons, AHS has established itself as a leading home protection plan company. While the company is highly reputable, there have been cases where lawsuits were filed against the company and some of them have resulted in AHS agreeing for settlements. One such lawsuit against American Home Shield resulted in a settlement, even though the company did not admit any illegal behavior or liability in the settlement.
During the settlement of two lawsuits against AHS in which the company was accused of paying kickbacks to real estate brokers to promote their service plans, the company was allegedly trying to protect the brokers and agents from any legal responsibilities.
On that subject, American Home Shield, the nation’s largest provider of home warranties, has stated that the payments they made to real estate brokers to market its products, did not violate the Real Estate Settlement Procedures Act, or RESPA.
The company admitted to no wrongdoing but has currently agreed to pay up to $26 million to determine allegations that the payments violated RESPA.
AHS put an optimistic spin on the settlement and released brokers and agents involved from any form of liability. This supported the company’s position as its current broker compensation program; ProConnect is in accordance with RESPA guidelines and regulations.
About 500,000 homebuyers and sellers who procured warranties between May 27, 2008, and March 4, 2011, may be qualified to collect an average of $52 each under the terms of the settlement.
Edleson v. American Home Shield filed a lawsuit in California Superior Court in San Diego in July 2007. The California court declined a proposed settlement of Edleson v. American Home Shield, which would have formed a review desk for homeowners to resubmit earlier denied claims.
The court hearing the Edleson case expressed concern that AHS would have the right to readjudicate claims, and the consumers included in the settlement would be giving up “possible” and “realistic” rights in exchange for the hope that a defendant that has supposedly not acted on good faith” before”, would do so.
After the proposed Edleson settlement was declined, American Home Shield reached tentative settlement in Faught v. American Home Shield, which also called for a review desk for consumers to resubmit claims.
The proposed Faught settlement was opposed by 24 homeowners and by the Texas Attorney General’s Office.
The settlement was the outcome of a class-action lawsuit filed by Laura and Steven Faught against AHS in support of people in the US who procured or were issued a home service contract from AHS on July 24, 2001 throughout October 19, 2009. As part of the agreement, AHS decided to set up a review desk to reflect on claims from settlement class members whose claims were declined during the class period.
The Faught lawsuit suspected that American Home Shield engaged in a pattern and practice of failing to accomplish its contractual responsibilities to its customers. This includes declining to provide repair and replacement services to which its customers were entitled and also inappropriately denying claims in the first year of a customer’s home service contracts for “lack of maintenance” (from the Notice of Class Action and Settlement; faughtclassaction.com).
In spite of entering into a settlement, AHS has denied any misconduct or any legal responsibility. However even this claim no of wrongdoing has not prevented a different lawsuit against them. This lawsuit also alleges that American Home Shield was unsuccessful in paying for its customers’ claims.
The complaint, filed by Brigette and William Guadet, on June 23, 2011 according to The Louisiana Record (June 30, 2011) alleges AHS of denying claims made by class members under grounds of “lack of maintenance, pre-existing condition, or failure to clean, in spite of not examining the appliances when policies are issued.”
In addition to this, the lawsuit alleges that AHS denies claims because of negligible uncleanness, even if external factors were the cause of the appliance’s breakdown. Plaintiffs allege that contractors were given an additional benefit for declining legal claims. The lawsuit claims violation of agreement and fake misrepresentation. Plaintiffs seek damages in excess of $75,000.
In the meantime, consumers of other home warranty companies have filed lawsuits of their own or may be looking into possible lawsuits, suspecting that their claims were denied improperly.
The 2008 Abney v. American Home Shield lawsuit alleged that the company violated the Real Estate Settlement Procedures Act through its compensation of real estate brokers with regard to the sale and marketing of home warranties.
American Home Shield strongly denied the allegations made in the lawsuit and chose to resolve the suit due to the potential costs in defending the case. Details on the resolution of this case are available at www.abneyclassaction.com.
The Bottom Line
According to D. Frank Davis, a lead attorney for consumers in both the Abney and Faught cases, the Faught settlements is more favorable to all the class members in a lot of important ways.
Under Faught, individuals whose rejected claim incurred in the first year of their contract and involved a heating or air conditioning unit are likely to have their claim paid on reconsideration because of specific language in the settlement about the standards to be used by the review desk. All the other claims resubmitted are also likely to be paid this time because of the negotiated penalty provisions.
Comprehending if you should spend up the money, sometimes up to six hundred dollars on a home warranty is a thought buyers and current home owners must consider. There are many examples when buying a home warranty in position is well worth the money and other times that it may not be worth the price.
Short sale homes and bank owned homes will usually not shell out for the buyer to have a home warranty in place and in these occurrences it may be wise to have a home warranty. One thing to remember is that home warranty plans normally do not cover pre-existing conditions so knowing that you have an air conditioning unit, that does not function is not a cause to buy the warranty. Since these homes have been possessed in general by people who are at risk of losing the home and possibly lived in the home for many months knowing they were losing the home tend not to take much care of the property. So problems could take place after you take ownership. In this case, you may want to think about a home warranty and the out of pocket cost might be money that is well used up.
In case the home you are purchasing is quite new, say between one and 5 years, then you may skip home warranty as most things usually don’t go wrong in the first few years. However, a home that is six to twelve years old will possibly start having things like the garbage disposal needing replacing, water heater going out and air conditioning units needing repair so disbursing for a warranty might very well pay off.
First, it is vital to realize that Home Warranty plans are fine to have but it is not a catch-all for replacements and repairs. It is surely not a means to overlook home maintenance. The declaration about “my a/c gets replaced, and my a/c goes out” may or may not be correct in all conditions. Thus, understanding what your contract says will help save some heart ache of what to anticipate when you call the company for a warranty in the time to come.
None of the Home Warranty Companies will cover KNOWN pre-existing conditions. In order to find out an UNKNOWN pre existing coverage, a home inspection is used. If a problem was prominent in the home inspection report and no action was taken, it would be considered as a KNOWN pre-existing condition. Thus, the problem will not be covered by the Home Warranty.
The reality is, most of the home warranty companies do not ask for or even acknowledge documentation as to the serviceability of anyone’s home which generates a HUGE LOOPHOLE permitting the warranty company the choice of declining the claim based on the convenient ‘Pre-Existing Conditions clause.
The immature homeowner informs them that his house and all the systems are in good operating condition. Initially, the homeowner is told that his/her word is all that is required, but when it is the time to file a claim, the homeowner will find his word against the home warranty’s service technician.
Certainly, the homeowner will lose if the technician finds a ‘pre-existing condition or other unforeseen situation, as the warranty company always goes with the word of their technician!
For instance: A home inspector observed that there was a leaky faucet in the kitchen, it becomes a known pre-existing condition for the buyer. If the buyer appeal that the Seller fix the issue and the Seller gave a receipt upon repair, the buyer would then be required to ask the plumber to warrant his/her work. The Home Warranty Company will not be accountable for the repair.
However, in some cases, where the home examiner did not account a problem or no home examination was carried out before closing, the Home Warranty Company would need a contractor to send so as to diagnose the problem. The Home Warranty Company would also request the contractor if it be a problem caught by the home examiner. In case the answer is “Yes”, then the buyers will be accountable for the repair and if the answer is “NO”, then the Home Warranty will suppose it as an unknown pre-existing condition, and so repair the problem at no cost to the buyer.
Some home warranty companies even show off that a inspection is not required! But that is just what should be needed to begin the condition of the home and its systems and to remove the reason of the ‘pre-existing conditions’ clause. It is safe to have a third party inspection done to protect yourself from future claim denials.
Credentials would show that there were no pre-existing conditions, there were no inappropriately set up or sized systems. But the home warranty companies don’t want documentation as that would remove the chance to take your money.
Clearly the homeowner is the victim in the long run. However, realtors who sell them the incorrect warranty product will lose a future referral. To be fair, there has not been a substitute home warranty product obtainable until now.
There are companies which do business differently. One that
If any item does not go by inspection, you have the choice to either have it repaired and be covered by the warranty, or to not repair it and eliminate it from the warranty.
Is the increasing price of home warranty and insurance your concern?
You may be wondering why appliance warranty costs are always on the rise. We know that it is a huge financial strain to keep your expenses within your budget. It therefore comes as no big surprise that the yearly increase in your annual premium or just the cost of procuring a home service contract makes you want to scream.
Naturally, you begin to wonder if it is a good idea to drop home warranty. My dear friend, that may not be a very wise move. With the prices of everything around you skyrocketing, what makes you think that the prices for appliance repairs would drop? Labor charges, material charges and every other charge on the surface of Earth has gone up.
This means that if your appliances stop working, you will be paying quite a huge sum of money to get it repaired. And in another two years, the price may vary significantly. Now, if you had an appliance warranty, you wouldn’t have to pay so much. We suggest that you keep your warranty.
Now we can’t alter the prices for you, that would be difficult (read impossible). But we can explain why the prices have gone up over the years. Before that, let’s tell you what an appliance warranty does.
Home service contracts are usually bought for a specific period of time during which expenses incurred for repairing your household devices will be covered. As long as the damage occurs for a covered device in the designated time frame, your only expense will be a nominal service call fee while the expenses for the repairs will be paid by the warranty company.
So, with prices of materials and labor rising each year, is it not natural that the annual premium rises along with it? Yet another significant reason for annual price hike goes like this. As each year passes, your house becomes older and so do the appliances in it. Which means that the chances of them breaking down are also increasing. So you see, the risk of malfunctions and system damages increase with each passing year. Hence to keep up with things, the warranty companies often hike the rates by a certain percentage. Also, if you make a claim, the annual premium may hike by a small margin in the next year.
We don’t have precise numbers from the appliance warranty industry, but we can get you a glimpse into the hikes in the homeowner’s insurance industry. The figures are often comparable.
Let’s take a look at the places where there is highest hike after a claim is made
Now let’s take a look at the places that have lowest hike following a claim.
Source – insurancequotes.com
The reasons for these differences are many. The labor and material costs vary from one region to another and contribute to the premium. The state regulatory requirements can also add to increase in costs.
The average increase in annual premium varies from company to company and therefore you can get price quotes for home warranty companies and compare. Most companies determine the annual premiums based on your location and the age of your house. Sometimes it is also dependent on the number of service requests they take each year.
The appliance warranty providers industry has exhibited a decent growth over the last few years. The industry revenue is expected to increase at annual rate of 0.4% to $1.8 billion. Their profit stands at $197.4 million with wages amounting up to $176.1million. Over the years, a few providers were acquired or merged by/with their peers.
In the next five years, the industry is expected to show an annual growth rate of 1.8% to become a $2.0 billion industry. It is believed that the recovery of the housing market, home sales and homeownership rates will increase. This in turn may lead to an increased demand for appliance warranty. Also, as the economy improves, incomes and consumer confidences are expected to rise leading to an increased spending on home appliances and other fixtures.
We certainly hope that you found this article helpful! We have presented a true description of the industry and its working in the most honest way possible.
Yet we have to say that inspite of all the costs, a home service contract is indeed a very wise purchase if any of the following are true. You can also read our Guide to Home Warranty buyers for further assistance.
As a quick advice, if any of the following are true, it is recommended that you purchase appliance warranty.
Keep in mind that the policy booklet and the contract documents are vital documents. They have to be studied and preserved very carefully to avoid future conflicts and annoyances.
Phoenix: The Arizona Department of Insurance is on the lookout for customers who purchased warranty plans from the now out of business company, Sensible Home Warranty (SHW). While the year 2014 saw many major incidents in the home warranty industry, SHW closing was one that garnered significant attention.
In May of 2014, Sensible Home Warranty, a New York based company that was once considered as a fast growing contender in the industry, announced through their official website that they were closing shop for good. The declaration came as a shock to many, including customers of the company and other patrons in the industry. (Read Sensible Home Warranty Shuts Down)
Reasons behind the closing were not revealed on their website or anywhere else and still remain unknown. While the company did have a substantial number of loyal customers, discontent among some other customers were quite evident from feedback received on HomeWarrantyReviews.com. The company’s BBB page reveals that a total 1,811 complaints were filed against them during their tenure in the industry.
Several customers reported on HomeWarrantyReviews.com that SHW had failed repeatedly to process claims and provide them with the services they were entitled too. Such customers and many others who purchased prepaid warranty products from SHW would find this as a welcome relief as it may help them retrieve a part of their money.
Following feedback from customers expressing their grief over monetary loss due to SHW shutting down, The Arizona Department of Insurance has announced that they will be making an effort to compensate the losses incurred by SHW customers.
Officials say that partial refunds may be available to customers who paid their premiums in advance. The refunds will be funded by the money that SHW deposited with the Dept. of Insurance as required by the state laws of Arizona. The deposited money will be divided among genuine customers who approach the department.
To claim the refund, customers must file proof in the form of claim requests and receipts to the Dept. of Insurance by no later than August 2, 2015. Customers are requested to visit the following link and submit an application online along with any other material that support your cause, eg contracts, claims history, receipts from SHW etc.
While the Department cannot say in advance what the amount of refund will be, the Department agrees to give due consideration to everyone who approaches with a genuine claim.
To qualify for the refund, consumers must submit material evidence (documents) showing that he/she
Those interested should write to the Dept. of Insurance with completed forms and relevant supporting documents to –
The Arizona Department of Insurance
2910 North 44 Street
Customers can also email their forms and documents to – [email protected]
There are few home warranty companies that do not charge service trade fee or “deductible”. If you are looking for such companies, please read on. Please note that we do not endorse any of these companies.
IMPORTANT: To read most recent list of companies that offer Zero dollar deductible, please visit our Home Warranty Plan Comparison section and sort the companies by Deductible (low to high)
Following are the home service contract companies that offer zero deductible as of this writing:
As a website dedicated to offering honest information about the various matters related to Home Warranty, we have collected the feedback of several appliance warranty customers in the form of reviews. Please check out our tool to find top rated home warranty companies in your area. There, you can sort through the various companies based on their premium amount, deductible amount, ratings and total reviews.
In an insurance policy, a deductible is the sum of money paid by the insured party before an insurer will pay any expenses. It is usually a fixed amount and is a part of most policies covering losses to the policy holder and must be paid by the insured before the insurance company’s own coverage plan begins.
For example, an auto insurance policy may bear a $500 deductible. If the owner of a car hits another car by mistake while parking and both drivers decide that the loss is minimal, he or she would pay the repair bill $500 out of his own pocket. Insurance companies would not support a claim for such small damages. Based on the incident, the deductible may apply per covered incident, or per year. For policies where we can’t restrict the incidences, the deductible is usually applied per year.
An insurance premium is the definite amount of money charged by insurance firms for active coverage. Cost of a premium can differ widely for the same service, which is why experts strongly suggest getting several quotes before committing to an insurance policy. Insurance brokers or agents takes basic information from people and evaluate an insurance premium estimate depending on the answers and other factors.
The lowest quoted cost on a premium may be the better deal, but the level of coverage may also be lesser. Insurance premium is mainly based on statistics, while people’s habits and history can cause the premium to be lower or higher. For example, a 22 year old male looking for car insurance for a sports car can often predict a higher insurance premium than a 45-year old woman driving a mid-size sedan. Both may perhaps have excellent working records, but the insurance company considers the younger driver in faster car to be at more risk for accidents. Thus, the premium quotes will be clearly different.
In general, a faster car will cost more to insure, just because the owners of those vehicles tend to drive faster. The amount of a deductible is typically related to the amount of premium charged by the insurers. That is, higher deductible amount are usually related with lower premium rate and vice versa. Try to find stability between reasonably priced premiums and a fair deductible when buying insurance.
There was a news report covered by HomeWarrantyWiz.com regarding recent developments with regard to fake Internet testimonials, company reviews, and ratings being detected and penalized by the Federal Trade Commission (FTC). HomeWarrantyReviews.com was involved with the research behind this article, particularly by sharing our experiences with home warranty companies that have attempted to use our ratings system to post fictitious consumer reviews.
Home warranty is a highly complex product and many consumers rely greatly on the information they find on the Internet in order to choose a home warranty company. Fake Internet reviews make finding accurate information about companies more challenging and can sometimes lead consumers to making misinformed decisions.
The recent FTC fine levied on an advertiser outside the home warranty industry for advertising that involved fake reviews posted online is a good sign for home warranty customers and for all consumers who use the Internet to shop and research products or services. Websites like ours which are actively monitoring the reviews posted on them are an additional resource aside from the FTC and state attorneys, working in the consumer’s corner.
There have been instances where we have blacklisted companies for repeatedly posting fake positive reviews. Some companies employed some sort of advanced techniques to make the review look legitimate. But we have built a sophisticated rating system over the years and will catch any attempt to manipulate the reviews. On top of that we have a team of experienced staff members who make sure the review passes through their litmus test. So, if you are company that relies on such tactics, take a note!
Ensuring that fake reviews and ratings are caught and removed and that the offending parties are warned is just one way in which reviews sites can police reviews and ratings and keep them as accurate as possible. Consumers also have a responsibility as well. Consumers must be diligent to make their reviews as factual as possible in order to make the fake reviews easier to spot. Detailed reviews stand apart from general ones and often fake reviews give only the most basic details, focusing more on glowing compliments about the service or product. Leaving emotion out of reviews is also important because the same companies that post fake reviews or attempt to deflect blame whenever customers post highly emotional testimonials. Ultimately the task of spotting fake reviews falls greatly upon the consumer’s shoulders but now that the FTC has thrown its hat into the ring things will be much more complicated and risky for companies that prefer false advertising over legitimate customer testimonials.
Life is certainly unpredictable, you cannot control the outcome but surely can prepare yourself through careful planning and minimize the risk and be on the safer side. Insurance is one such protection mechanism which covers major expenses with an understanding that you will pay a smaller fee as a premium.
An insurance is a contract in which an individual receives financial protection or reimbursement against losses from an insurance company against the payment of a premium.
We have an inherent need to protect ourselves and our family, so why not buy insurance and secure the unknown future. According to needs you have various insurances. Some are a must while others are worth. Here is a quick tour into the world of insurance policies.
As the term suggests you are insuring your life with a certain amount. It is an insurance that pays out a sum of money either on the unfortunate death of the insured person or after a set period.
It is a type of insurance coverage that pays for medical and surgical expenses that are incurred by the insurer. Health insurance can either reimburse the insured for expenses incurred for illnesses or injury or pay the care provider directly.
It is an insurance for all your automobiles against theft and accidents.
A home warranty is a contract for repair and replacement of major home appliances such as refrigerator, washing machine, garbage disposal etc. on payment of a premium.
This insurance covers the home including the structural elements as well as the valuables inside the home. However, you can claim this insurance only where there is a natural disaster such as flood, fire etc. Please note that this does not cover the appliance repair and replacement costs.
Often Home warranty and insurance are thought to be similar but they are completely different in the coverage they provide. Home insurance is a must to have whereas home warranty you can choose to get.
When it comes to insurances you have a plethora of options to choose. From travel insurance to disability insurance etc, you can choose and plan according to your needs. All insurances have advantages and disadvantages but insurance no matter which protects your peace of mind. While buying insurance always make sure to do a background check of companies you are dealing with and read the reviews and fine print thoroughly.
Click here to check for Home Insurance and warranty companies.
Future is unpredictable yet securable therefore get insured stay assured.
Hagerstown, Maryland is one of the prime cities in Western Maryland. The Hagerstown-Martinsburg urban area is home to almost 270,000 residents, while the Hagerstown suburban area has over 40,000 people and about 30,000 jobs. Currently, there are approximately 500 homes for sale in Hagerstown at a median listing pricing of nearly $180,000.
The top-rated realtors in Hagerstown are well aware of properties, neighborhoods, and newest for sale listings in the city. The experts can provide you with updated information about home buying and selling trends in Hagerstown. Below is the list of top 5 real estate professionals based on their recent activity, years of experience, and total sales volumes in dollars.
Tina is a Realtor with Exit Preferred Realty and licensed in Pennsylvania and Maryland. With an experience of more than three decades, she specializes in short-sale, consulting, and buyer’s agent. She is a proud Member of Pen Mar Regional Association of Realtors, Member of Metropolitan Regional Information System, Member of Realtors Association of York and Adams County, and Member of National Association of Realtors. Tina is an accredited short sales and foreclosure resource (SFR) as she knows how to help sellers maneuver the intricacies of short sales as well as help buyers pursue short sale and foreclosure opportunities. Tina understands that buying or selling a home is one of the most significant things you do in life and she assists in making the experience as smooth and successful as possible. Her extensive experience and expertise in the Hagerstown, Chambersburg, Fayetteville, Greencastle, Mercersburg, and Waynesboro real estate market benefit her customers in their buying and selling process.
If you want to buy a home, Tina and her team can help you find the home of your dreams by patiently listening to your needs. She works untiringly to find the right home so that no one has to compromise when it comes to such a huge purchase and decision! Besides, her real estate knowledge ensures that you get the best price possible for your property. Her strategic marketing program makes sure the right people view your home. Whether you are seeking Homes for Sale or Mortgage information, Tina and team are always available for service by phone, email, or appointments. Experienced in all facets of real estate, Tina enjoys spending time with her children and grandchildren, gardening, riding horses, and taking a hike.
“So if you or someone you know is looking to Buy or Sell a home give me a call. Thinking Real Estate! Think Tina Long!”
Joan possesses more than 33 years of experience in the real estate industry spanning across Residential and Commercial Development in the Washington D.C. Cosmopolitan Area, Property Management, and Certified Buyer and Seller Representation in the Western Maryland and South Central Pennsylvania neighborhoods. A consistent multi-million producer, she can assist first-time buyers and people scaling up or down with their home size or moving to a new area. Joan is skilled in all facets of real estate including but not limited to equestrian or farm properties, urban, suburban or rural homes, historic properties, primary or second homes, and Country Properties. Currently a part of the management team at Coldwell Banker Innovations, she operates mainly in Hagerstown, Boonsboro, Braddock Heights, Clear Spring, Funkstown, Sharpsburg, Chambersburg, Mercersburg, Greencastle, Waynesboro, Knoxville, Fairplay, Saint James and more. Joan believes that experience and understanding are priceless when purchasing or selling a home and hence she provides the right guidance to attain your real estate goal.
An alumna of the University of Buffalo, Joan is constantly acknowledged as one the area’s leading real estate professionals. She has served as President of PenMar Regional Association of Realtors providing guidance for the local membership to boost their abilities and opportunities to prosper through cooperation, participation, promotion of professional integrity and moral standards, and providing educational opportunities to further their careers. She is also engaged in teaching the Introduction to Real Estate licensing course at Hagerstown Community College. Joan has steadily maintained a multi-million dollar award winning sales position in the top 10% each year. She has won the following awards:
Call, email or text JOAN anytime with real estate queries you may have.
Mike has spent more than two decades working in the real estate industry serving the needs of both the residential and commercial market. He is a resident of the Frederick and Washington County neighborhood and displays an amazing sense of leadership and integrity in everything he does. Mike received his Bachelor of Science from the University of Maryland University College and operates mainly in areas such as Hagerstown, Adamstown, Saint James, Brunswick, Boonsboro, Middletown, Smithsburg, Keedysville, Ijamsville, Williamsport, Maugansville, New Market, Point Of Rocks, Thurmont, Cascade, Cavetown and more. After spending his initial 17 years with Mackintosh Realtors, a local independent firm in Maryland, Mike established Atlantic Real Estate in January 2013 and since then is building a business model that incorporates the customary services expected from a real estate brokerage firm while combining state-of-the-art technology and advanced ideas. Atlantic Real Estate manages all aspects of real estate including property management, buyer & seller representation, real estate investor strategies & planning, professional marketing & sales, consulting & advisory services, land development, and new home sales & marketing. He established Atlantic Home Construction in 2015 after renovating & remodeling investment properties for many years. The company builds custom new homes and remodels existing homes for resale.
In 2016, Mike established Atlantic Companies, recognizing the void between the real estate and building industries. Atlantic Companies is comprised of a real estate division (Atlantic Real Estate) and a construction division (Atlantic Home Construction) along with other ventures. This allows both divisions to work together providing superior quality and long-term value, forward-thinking ideas, and honest customer care.
Mike’s commitment to work responsibilities sets him apart from the rest and has helped him achieve the following:
In addition, Mike has earned the following:
A licensed agent with Keller Williams Premier Realty, Karen serves neighborhoods such as Hagerstown, Clear Spring, Chambersburg, Fort Loudon, McConnellsburg, Mercersburg, Orrstown, Williamsport, Boonsboro, Shippensburg, Waynesboro and more. Whether working with a first-time buyer or a seasoned homeowner, she believes in striving for excellence. Her specialties include short-sale, investors, senior real estate consumers, residential, distressed homeowners, luxury homes, listing agent, and relocation. After graduating from Mercyhurst College, Karen spent 25 years as a registered nurse in Erie, PA. When her husband relocated to the Cumberland Valley around 17 years ago, her 5 children were very young. Her passion for bringing the best to a community led her to get involved with the local Boy Scouts of America. She held numerous leadership positions such as Cubmaster and leading district training events. Later she also became a board member of the Mason-Dixon Council as Vice President of Cub Scout Program. Karen is a recipient of the Silver Beaver Award which is the highest Council award and her 4 sons have earned their Eagle Scout award. Her daughter is the pharmacist at the local Greencastle CVS and one of her sons is a pilot for the United States Coast Guard.
Karen’s expert skills along with hard working attitude and interest in marketing led her to pursue a career in real estate in 2004. In her very first year of service, she was awarded PenMar’s Rookie of the Year. Since then, she has continued to be a top volume producer. “Helping people with one of the biggest decisions of their life is such an honor. Being their advocate and making their move as easy as possible are my goals. People look to us for guidance with life changes and this is a responsibility that we cannot take lightly. I BELIEVE that Realtors who base their practice on the latest guidelines and marketing principles are “doing their best” for their clients and their client outcomes are then optimized.” Karen helps the first-time buyers by making them understand the assets and liabilities of a property. She believes that preparing the home for selling and staging the house are critical when buyers are so selective. Premium virtual tours are her specialty.
Finding Keller Williams, the second largest Real Estate Company in the US has been impeccable for Karen’s wish to be the best. Working at Keller Williams has offered her the following:
Karen has earned the following designations and certifications:
“My mission is to always “DO MY BEST” in providing professional real estate services to you the buyer or seller!”
Kari Shank is a full-time realtor with RE/MAX Achievers and licensed in Maryland, West Virginia, and Pennsylvania. She is keen in making your real estate transactions as seamless as possible. She is a permanent resident of Washington County, MD and also has great exposure to the Washington and Baltimore areas. Kari loves working with both buyers and sellers and always takes a tailored approach to the business. Besides, she works as a buyer’s agent emailing you with new listings, setting up custom home searches, negotiating deals, and setting up custom home searches on your behalf! She has a proven track record selling real estate and is available to you seven days a week to answer any of your concerns. Kari has a long list of clientele as she carefully listens to understand the goals and guides them through the complete process of selling their property from listing to sale.
With nearly 11 years of distinguished service, Kari has won the following awards:
Kari is mainly active in neighborhoods such as Hagerstown, Middletown, Smithsburg, New Market, Falling Waters, Boonsboro, Adamstown, Chambersburg, Shepherdstown, Brunswick, Clear Spring, Fairplay, Frederick, Keedysville, Maugansville, Myersville, Sharpsburg, Williamsport, Greencastle, Waynesboro, and Martinsburg. Her skills include sellers, buyers, first-time buyers, relocation, condos/townhomes, short sales, foreclosures, investment properties, and new construction. She is very active in the real estate community serving on the PenMar REALTOR® Association’s YPN Group and as a presenter at the Hagerstown Home Store. As a certified distressed property expert (CDPE), Kari is proficient in effective short sale negotiations. “If you must sell and the current value of your home is no longer enough to satisfy your mortgage a short sale can be a wonderful opportunity to avoid foreclosure. I have worked on many of these sales and would be glad to help you consider your options.” An alumna of University of Maryland College Park, Kari is interested in historic properties, music, photography, traveling, animal rights, and vegetarianism.
“Just tell me what you are looking for and I will search all of my sources and provide you with a convenient report of all the properties that you may be interested in complete with photographs of the properties and detailed neighborhood information.” Kari guarantees to advertise through multiple sources, competitive commission rates, and guides you through your next move! Call her today for more information on the current market.
It is not surprising that homeowners often wonder whether home warranty is more cost-effective than the actual repair expenses. Top home warranty review, rating, and comparison website, HomeWarrantyReviews.com has introduced Home Maintenance Calculator to better make an informed decision in purchasing a home warranty. There is also a widget code for all the realtors out there to use it on their websites and blog posts. This is a nice to have feature and sends out the right signal for all of the potential customers coming your way! (<iframe src=”https://www.homewarrantyreviews.com/home-maintenance-widget”></iframe>)
An offshoot of Home Warranty, Structural Warranty is a legal agreement between the builder of the home and you – the owner. Structural Warranty functions basically in the case of new homes, wherein the builder assures that the home he has built will have no structural defects for a period of ten years after its construction. His claim is covered by the company which offers him warranty coverage for the building, at times additionally including workmanship and internal systems.
The system functions just like Insurance, but covers defects which may occur due to age and wear and tear, not natural disasters or unforeseen circumstances. Like the Home Warranty covers the items in a home – its appliances, wiring and plumbing systems, interiors etc. – Structural Warranty covers elements like the foundation, girders and beams, roofing, and flooring.
Before the purchase of a home, it is advised for either the new owner, seller or realtor to purchase Home Warranty, in order to establish a relationship of trust and confidence in both parties involved. Just as a Home Warranty leaves the new owner knowing that his home and all that is in it is secure for at least a year after its purchase, Structural Warranty establishes the same sense of security in the buyer of a new home straight from a builder.
It is rather simple – all structural defects are now to be fixed by the company that the Warranty has been purchased from or by the builder offering the warranty himself, and as long as the terms and conditions are met, neither the builder nor the new owner is liable.
We see before our eyes appliances, electrical systems and plumbing leaks occur every once in awhile – but most of the time structural damage is noticeable only after it is too late. Given that large parts of the US are known to have soil that expands with seasonal changes, statistics show that more than 25% of all buildings in the country experience some kind of structural damage during the first decade of their life, almost 10% of this being major and often irreversible.
It isn’t always about how reputable the builder is, in fact, the more reliable the builder the higher the chances are of them investing in warranty for the homes they have built. Years after a deal is signed, sealed and delivered, a matter like soil expansion that is out of the hands of both the parties can spring up, making Structural Warranty the only way to guard against massive expenditure out of your own pocket in the future. Studies show that the warranty is most often claimed 4 to 7 years after a home is built to completion.
The chances of an individual investing a sum as large as the cost of a home in anything else in his or her lifetime is very slim, making this purchase one that could develop complications if not done right. Builder’s offering Structural Warranty for the home they have built can not only assure the buyer of their expertise but also give them a legal document to go back to in case frivolous lawsuits or complaints are lodged. Like in the case of any two-way agreement, responsibilities, terms, and conditions are clearly outlined.
If a third party company is used to establish a warranty, then any complaints, disputes or discussions will be handled by them – until the point of reconciliation. This saves time and discomfort for both parties involved, especially the builder.
If you happen to be a builder with larger holdings or varied properties and houses, then the value of each building is sure to increase if Structural Warranty is added to the mix. Use it as a marketing strategy, one that is true to every word and will help you build lasting relationships with your clients.
Structural Warranty functions according to the guidelines of the Housing and Urban Development department of the US, which stipulates particular criteria within which a company must cover damages. Larger builders may choose to provide their own Structural Warranty schemes to the buyer, while builders without a department to handle such claims or smaller building agencies may choose to use third-party warranty companies. Even more so than Home Warranty claims and structures, Structural Warranty coverage and insurance backing vary drastically from builder to builder and company to company. If you happen to be a part of the decision making of who to choose, make sure you do your research and pick a coverage that is extensive and appropriate to your home.
If you go through a Structural Warranty contract or guide, you will notice one important point – the extremely specific and near legal language used to describe what that particular company or builder covers. Structural Warranty owes this specificity to regulations set by the Housing and Urban Development Department of the US, as well as to the builders’ need to protect themselves from futile claims and lawsuits.
Due to each Structural Warranty being unique (much like Home Warranties state-wise laws), we will get into what the warranty covers in general. Know that this isn’t ironclad, and you have to cross check the terms and conditions with your builder.
As a whole, third-party companies offer two kinds of warranty, one which accounts for any damage to the structure of the building from the moment the deal is closed between the builder and buyer. The second stipulates that the company will only begin to cover damage to the home 3 to 4 years post the sale, implying that any structural damage before then is up to the builder to fix.
Each company usually has a base plan and other additional perks that you can choose to opt for.
The basic coverage usually covers the following:
The last of these, load bearing partitions, are often accompanied by the additional coverage of non-load bearing partitions. These claims are almost purely cosmetic, and certain Structural Warranty companies do assure the fixing of these, keeping in mind the original material integrity of the home.
Integral to any warranty and insurance difference, Structural Warranty doesn’t cover any damage due to natural disaster, accidents or unforeseen circumstances; anything that is covered under insurance, basically.
Lastly, any structures added to the original home – an extension, outhouse and detached garage space for examples – would not be covered. If the need is felt, the builder could then purchase a separate Structural Home Improvement Warranty.
Individual state laws in the US tackle Structural Warranty in different ways, making the cost different in each state as well. On an average, if the basic warranty is purchased, then it shouldn’t cost more than 1% of the purchase cost of the home. In most states which are positioned in low-risk areas (minimal soil expansion, etc.), the price is only about half a percent of the home’s price, whereas in high-risk zones the price can go up to 1.5% to 2%.
When looked at it in terms of a median example, while Structural Warranty would cost anywhere between $500 and $1500 for ten years, the repair in case of structural damage could be between $50,000 and $100,000; Structural Warranty being about one percent of the estimated repair budget.
Here’s a write up about top home warranty companies in New Jersey. Now all you need to do is scroll through the list of companies, visit our site for a free quote and user reviews to pick your home warranty! We guarantee you that you’ll find that it is very useful!
Located in the Northeastern and Middle Atlantic regions of U.S.A, New Jersey is indeed a popular state. Fondly called as the Garden State of America, NJ has much to offer for its residents. No matter where in New Jersey you are, if you are a homeowner, your primary concern would be caring for your family and your home. Like most homeowners, it’s natural that you’ll worry about the expenses of repairing unexpected damages and replacements of your household appliances.
So here’s our list of top home warranty companies in NJ based on user reviews and ratings-
These companies have been around for several years and are on this list because of the feedback they have received on our site from their customers. Take a detailed look at each one of ‘em!
American Home Shield or AHS as it’s commonly called, is a company that founded the home warranty industry. Naturally, this is a company with unparalleled experience and a nationwide footprint. AHS also has a massive contractor network where every single technician is selected after a stringent screening process.
AHs offers plans that are designed to suit the needs of homeowners, Realtors, buyers and sellers alike. Their plans are reasonably priced and standard plans start from as low as $250 every year. The company also has an online claims facility and a customer service facility that runs around the clock.
Yet another popular home warranty company in NJ is the Home Service Club (HSC). This too is yet another company with nationwide footprint and with coverage in over 48 states. HSC too screens each technician in their contractor network and follow up with the customers to ensure that they are satisfied with the services.
HSC’s plans start from $400 annually and the deductibles are charged between $65 to $125. Warranty purchases can be made through their website which also has the facilities to allow homeowners track their account. Online claims can be made just as easily as claims can be made with their round the clock customer care service.
Headquartered in NJ, Select Home Warranty is one company which has plans to cover anything from rental properties to mobile homes and condo units. They have three main warranty plans which vary in the extend of coverage and comes at affordable prices. This is one company that does not place an age restriction on the house or mandate a home inspection prior to purchasing a plan.
Select Home Warranty’s plans start at $299 annually and the average deductible is charged at $45 per service visit. Customers can purchase plans through their website and even place claims online to schedule to a repair.
This is a company with close to 30 years experience in selling warranty products. Like the others on this list, HSA too offers competitive plans at compelling prices to its customers. More than just home warranty plans, the company also has a host of other services and even a newsletter for homeowners, sellers, buyers and real estate agents.
Annual premium for plans sold by HSA range between $589 – $619. The deductible varies depending on the kind of plan you chose but is usually between $50 – $100. HSA too has a 24/7 claims facility and also the facility to place claims through their website.
Choice Home Warranty is a popular choice among NJ homeowners owing to their comprehensive warranty plans and affordable pricing policies. With policies that will add to the value of your home, CHW has managed to garner a lot of positive feedback from their customers.
Standard plans are available at premiums ranging from $370 – $450. Deductibles are charged starting at $60. CHW too has an online claims facility and has a massive network of skilled, licensed and experienced technicians ready to be dispatched when claims come in.
This list has been prepared based on actual user reviews submitted on our site. Therefore, there is a good chance that we may have missed out on an awesome company due to insufficient reviews. We welcome inputs from readers based in NJ to know more about companies there. Do let us know what you think. Also, you can take a look at top home warranty companies in various states across U.S.A. Cheers!