For decades now, the American Dream has been synonymous with Homeownership. Even though the housing market has not got back up after the recession hit of 2008, a majority of the population still strives to own their dream home, looking at it as a sign of stability and accomplishment. The only thing that changes is what each individual, couple or family unit is really looking for in a home, and at what time in their lives, they choose to take the leap.
Statistics show that an approximate 70% of all Americans hope to own a home of their own, comprising a solid 80% to 90% of millennials, aged between 18 and 34. Even though there is a postponement of getting married and having children in the lifestyles of the latter, parents – single or in committed relationships – have dream homes high on their priority list.
As far as dream homes go, it can be safely said that a mere one-third of the cross section across generations claim to already be living in their ideal residence, most aspiring to own a space larger and more luxurious. Yet, size isn’t everything and a very large percentage do want homes that are sized neither too small nor too big, between 1500 to 2500 square feet on an average.
At the end of the day, aspirational homes are greatly dependent on the age-bracket that you fall under – each generation having constantly changing needs, wants and family structures. While Millennials prefer to invest in homes which are high-tech and modern in both structure and amenities, the Baby Boomers (between 50 and 70 years at the moment) are in search for or have already invested in ranch-style homes which are comfortable and easily accessible.
The want for modernity has blended right in with the need to entertain, socialize and have a good time. Countering the luxury of numerous bedrooms, the new dream home features a large spread out floor plan with incentives and perks like French windows opening onto decks, views of the city or the sea, gourmet kitchens, fancy wet bars and open terraces.
A style of building, interiors, and structure that are appreciated across generations, French Country is making a comeback into the list of homes that Americans aspire to own.
Having its own touch of fantasy with its French feel, these country homes combine to perfection the resourceful American architectural techniques with French flair and decorative elements. What is more, being a type of home which first gained popularity in the early 1900’s, these country houses can be structured as anything from a small old-worldly cottage with a yard and a fence to an extravagant castle-like mansion with French windows and elaborate décor. Whichever it may be, they are known for their warmth and comfort, with tall window panes letting in plenty of morning sun and a mix of stepped roofs and gables with arches over the doorways to balance out the sharp edges.
The French traditional façade and elements of elevation are kept up through the use of stucco, brick, wrought iron rails and window panes, while the floor plan of the home tends to be more modern and functional – altering itself to fit the needs of your current lifestyle.
Colonial homes are known to be one of the most popular styles of architecture in America, characterized by their sharp geometricity brought by the European colonists in the 18th century. Themselves influenced by the Greeks and Romans in the past, European stylistic tendencies soon cropped up in various parts of both urban and rural America and is still known for its grandeur, symmetry, and stable stature.
The house is the epitome of formal balance, with the entrance being centrally located and brought to focus by the use of columns, often decorated around the capital or fluted from top to bottom. The formal balance is echoed in the sturdy and square foundation, on which stand an approximate of two or three floors. Taking it a step further, the windows are usually all the same size, symmetrically distributed on the façade with decorative shutters and multiple panes.
The past two to three centuries have seen very little change in this style, though certain homeowners do add elements to suit their needs. As far as dream homes go, the Colonial three-floor home in the city acts as the perfect bridge between the bustle of urban life and a safe and secure space for you and your family. It’s efficient and need based design caters perfectly to the new age priority of functionality while incorporating elements such as classical decorative detailing, hardwood floors and fireplaces without any compromise on the traditional look and feel of the space.
Tudor style homes date back to England in the 1500’s, owing its name to the Tudor Dynasty which witnessed the last developmental phase of medieval architecture in England. The Tudor we know today owes a great deal more to modern alterations made to the style of that time, known now as Tudor Revivalist architecture.
Bringing in elements of both the Victorian charm and tradition as well as ornate gothic height and elevation, the Tudor Revivalist structures feature decorative timber on their façade, placed to give the entire house a sense of stability and weight even though they are purely ornamental in reality. In complete contrast to the colonial style of building, Tudor homes are characterized by their marked lack of symmetry, which is noticeable in all aspects of the interior and exterior of the home. Stressing on the abstract over geometric formal balance, the houses have a mix of angles and shapes which are rather varied, though they fall together in perfect harmony.
In recent times, newer constructions have been shying away from building Tudor style houses, but its archaic quality mixed with its abstract structural plan still keeps it in demand with the present generations of Americans.
A style which came into being wholly in America, Traditional Ranch Homes are the Baby Boomer’s dream right about now. Ideal for family units and retirement, ranch homes are known for their close to ground single story plans, minimal or no decorative elements, and functional priority in all aspects.
Influenced by North American colonial architecture from the Spanish colonies, Ranch houses cut out direct sunlight and heat, offering the owner a covered porch with a view of the street – right out a country western flick.
Similar in functionality and priority as the Ranch homes, Cape Cod-style houses too boast of low floor plans and modest exteriors. These have now been subject to some experimental design in the past few decades, opening out the floor plan further and increase ventilation, living space and light. The new age American home is beginning to look at the importance of privacy and elbow room, which low floor plans can easily be altered to provide.
With amenities at the minimum, the house was once associated with the simple life, fusing modern ideas of to-the-point design with the American belief system of casual living spaces and informal communities and family units.
The last of the major shifts in architecture in the US, the nineteenth century saw the advent of the Arts and Crafts movements which came into existence in direct opposition of the opulent Victorian style (which was characterized by decoration in all fields) as well as the continued revival of classical styles of the past.
These styles developed into the contemporary ideals of home ownership shared by the present generations of Americans and focused on simplicity and inspiration from the surrounding nature itself. Not wanting to construct obstructive structures or spend excessively, the building materials and amenities were kept to a minimum in both, though each style was distinctly different.
The Craftsmen style featured small, sturdy and extremely well-built bungalows known for their expert craftsmanship and lasting strength, while Prairie homes were characterized by spread out floor plans that echoed the prairie through its extending porches, courtyards, and balconies.
While many of us dream of owning the home down the street from theirs or a cottage that they once drove by in the countryside, a large number of Americans in recent times prefer being able to control and individualize their dream home’s floor plan and structure.
The Contemporary and New American trends in construction are rooted in the need for basic form and function over decorative opulence, incorporating abstract floor plans and leveled rooms and spaces to allow for a flowing interior while not compromising on private spaces.
A touch of luxury has entered the privacy of bedrooms and baths as well, bringing in leisure into busy lifestyles by introducing simple tweaks like couple sinks, bath tubs, walk in closet spaces and oversized windows to greet you in the morning.
The spaces blending into one another also serves well when it comes to the love for entertaining, where open kitchens, terraces and landscaped backyards become a part and parcel of what a dream home should have.
Open floor plans are supported by open facades as well, with numerous windows, minimal dividing walls and doors, and a stress on abstract and asymmetry over formal balance. This focus on function has led to bigger questions regarding the environment as well, with homeowners who are building or renovating using natural and eco-friendly materials available close to the site of construction over large amounts of concrete.
While owning your dream home can be an aspirational standard you work towards, every home can be made to suit your best and serve its every purpose to the fullest. Even spending a few hours every Sunday on a little gardening or a spruce up cleaning spree can make a great difference in the feel of your home, and bring to the fore elements of its structural beauty that you never noticed before.
HomeWarrantyReviews.com holds within its array of articles not only guides to Home Warranty coverage and companies but also Do It Yourself guides and hacks to maintain your home and garden, giving you a space to discuss and learn about various ways to bridge the gap between physical appearance and functionality when it comes to your home.
Discussing the various types of the home is something cool. But what is cooler is to keep it that way. How? You might ask!
We only have three words for that – Research, Ratings & Reviews!
So take out those keen eyes and get online, check for the track record of the home warranty company in question by seeing the innumerable reviews on the internet. Check for their ratings and gauge how the company is performing and see for a fact how clearly the site’s rate a home warranty company, you know you can betcha on our site because we understand how important credibility is & we’ve been the go-to site for many such types of internet researches on home warranty shenanigans!
Maintenance has never been about just appearance and aesthetics – more than anything, it is vital to maintaining your home and its appliances for safety. From electrocution to sparks, and short circuits to full blown fires, faulty electrical wiring can be extremely dangerous and must be dealt with caution and professional expertise.
Wondering how you know when to check your electrical wiring systems? Besides the fact that a routine check of all your sockets and circuits is recommended at least once a year, there are a few signs to look out for when it comes to possible electrical damage.
The far-reaching effects of faulty wiring bring to mind the much used saying ‘better safe than sorry’. A small investment in a professional, DIY check-ups of your electrical wiring or getting the home warranty for your home can be imperative to keeping you and your loved ones safe. Repairs are costly and maintenance is no doubt an easier way to prevent future problems, so we bring to you seven simple tips to keep track off and maintain your entire electrical wiring system.
Mark your calendars and keep a monthly check on your electrical outlets, you can do this by yourself and won’t need any assistance. The testers are inexpensive – you can find them at any home hardware store. A three-prong plug, the tester will have indicator lights on each prong. As you plug the tester into each outlet, the lights indicate any problems with the individual outlet. The earlier you know the problem the easier it is to get it solved and the risk of fire or a greater electrical malfunction is avoided.
Damaged and worn out wiring should be replaced immediately. The process is very simple and you might be able to change the wiring outlets on your own. If the problem seems to be more complicated do not hesitate to call a professional electrical who can perform the work. In fact, if such handy-work isn’t your cup of tea, a home warranty is a simple preemptive measure to rid yourself of unnecessary worry!
There are many occasions where it might seem preferable to procure a cheap knock off, but substituting your wiring outlets is not a place to economize. It is ideal to choose parts that are certified by a recognized safety certification institution, as you are rest assured that the product is completely safe and has gone through extensive testing.
This might seem the most obvious one, but most cases of electrocution are direct results of electrical appliances close to water outlets – kitchens, outdoor sockets, garages, and washrooms especially. Keep appliances as far from the taps and showers, constantly check the wiring in such parts of the house, don’t multitask with things like your hair curler and washing your hands and immediately get outlets tested if the tap or any pipes give you a shock when you touch them.
If the problem seems to persist and is more than your normal wear and tear, it is best to hand over to a professional electrician and in such situations, you should refrain from repairing your own wiring. Large numbers of electrical fires are likely to be caused by faulty repairs. By handing it over to the professional, you become risk-free and it is cost effective in the longer run.
To help prevent power outages, make sure there are not too many appliances plugged into one circuit. Overloading is one of the widespread problems of any wiring issue. When you have too many outlets working at once that exceeds your wattage consumption, the components heat up, causing your breakers to trip or spark up. So it is prudent to know which appliances are power hungry.
Electrical systems should be maintained well in its entirety – outlets, cords, trip breakers, circuit box, and bulbs amongst other things – and should be replaced if they show signs of malfunction.
Bulbs are especially prone to malfunction, especially when their wattage doesn’t match that of the outlet. Open outlets are dangerous, make sure that such ones are sealed and are untouched by seepage.
Do not disregard the wattage consumption, which is a common problem with bulbs. By putting high wattage consumption bulbs, it would increase your bills and cause the bulb to burn out faster, also causing the base to heat up and in turn risking a fire.
While you are getting your home checked for faulty wiring, you should also check the wiring outdoors, in the attic and the basement. These are places that you might forget to get checked and unattended, they could cause greater damage.
Even with all the steps above, maintaining the entire home’s wiring can be a task – making home warranty a worthy investment, especially during the winter season. Similar to insurance but a lot more specific in nature, Home Warranty takes care of repair and replacement of your appliances and wiring systems, amongst other things.
Repair and maintenance as a task as well as a financial burden can kill the joy of being a homeowner. The responsibilities only pile up, however trivial the task may seem, and keeping track of servicing and fixing is never easy. Taking care of both regular maintenance as well as problem-solving when your electrical system may hit a snag, Home Warranty can be life changing when it comes to the keep up of your home’s electrical wiring and appliances.
In a typical Home Warranty scheme, central air conditioning and heating systems, all appliances however big or small in your kitchen, washer and dryer of both clothes and vessels, entire electrical systems, plumbing systems, leaks, and seepages are covered for all levels of repair and replacement. Nevertheless, it is a good idea for you to do some pre-research before signing the papers!
There are a few simple ways you can get a hang of how Home Warranty works, what it covers, whether or not you need it and what plan will suit you best. Besides asking for recommendations from friends and family, reading up on consumer research based websites can give you not only a clear understanding of what you are getting into, but also substantiate the information with honest reviews from consumers.
HomeWarrantyReviews.com is one such site, giving you a comprehensive list of reviews from users across the country – many of which are specific to the laws of each state. The buying and selling of a house and all the laws that go with it are essential to follow when it comes to such procedures, making it tricky if you land up getting into a deal which doesn’t go hand in hand with the policies of the state.
The website also brings you a Home Maintenance Calculator to help you understand the expenditure your home will require in the long run, as well as awards and ratings of different companies, across the country.
Home protection plans, commonly known as a Home Warranty or appliance protection plan is a service contract that agrees to offer discounted repairs and replacements of your household appliances. It means that if any of your covered appliances breaks, the home warranty company shall provide you with a qualified technician who will repair your device and cover the cost of repair as well.
Ideally, appliance protection plans are best suited for people who have appliances that are fairly used and above 4 years in age, as this is the time where most of the functional issues arise. It is highly recommended that you purchase a home service contract if any of the following are or all are true.
If you were to ask if these plans are worth the money, then we would have to admit that there is no straightforward answer to that. There are quite a lot of happy customers out there who swear that purchasing home warranty was the best decision they ever made and yet there are people who think otherwise. It is up to you to decide if you will benefit from a home protection plan. If you are in need of more guidance, please read the Home warranty buyer’s guide.
You purchase the appliance protection plan from a home warranty company for a certain amount of coverage. This coverage could be vast and cover almost all the outside and inside appliances or it could be the basic version. If a device covered by the plan fails to operate properly, you simply place a call to your home service contract provider. They will then call up a service vendor with who they have contracted and tell them about your issue. Service vendor then collects your contact information and contacts you to fix an appointment.
He/she then comes to your home to take a look at the damaged gadget. If the repairs needed are minor, they will oftentimes be fixed on the spot. Major repairs and part replacements need approval from the home warranty company. If parts are to be replaced, the home warranty company shall procure them for you and get the appliance fixed. Sometimes, if the technician determines that the device can’t be repaired, depending on your coverage, the home warranty company may replace your device.
Hence, one can say that the benefits of Home warranty are the following:
As mentioned before, there still exists a school of thought that home warranty plans are not worth the money. Hence, we must discuss the drawbacks of these plans.
Because of these reasons, we suggest that folks who fall under the following categories, don’t purchase a home warranty. This is only a suggestion, if you believe that you shall benefit from a home warranty plan, you should go ahead with it.
You can consider an extended warranty to protect your new devices. You can read about the differences between home warranty and extended warranty to clear your doubts.
If your devices are new, chances are low that they may need repairs often. Also if they are still covered by the manufacturer’s warranty, any damage will be covered by them, provided it is not an excluded case. And all of this is unnecessary if you are a repair vendor yourself!
Home warranties can be a great way to protect your budget and your appliances. As mentioned before, if you fall into the former category where your devices are old and so on, we highly recommend that you purchase a home warranty. Otherwise, you can do without one.
A lot of unpleasant instances occur due to lack of understanding of the working of the plan. Hence, we urge you to read the policy booklet and the offer document carefully before you make a commitment. These documents are highly significant and have to be studied and preserved carefully. If you are certain that you want to purchase appliance warranty, please go through our reviews section to choose the best provider out there. Good luck!
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.
No one needs to be reminded about the importance of insurance. It tends to be on people’s minds a lot these days. Insurance is basically a contract that agrees to offer financial protection or reimbursement of losses. It can be the best way to prepare yourself for large expenses that occur due to accidents or other unforeseeable events. All you have to do in pay a small amount as premium so that you can avoid paying major sums to rectify whatever your “money-draining” eventuality is. However what people really need to be briefed about is, are the kinds of insurance policies you have these days (Did you know? Football players can even insure their LEGS?) and which ones are the “must-have” ones.
What this does is quite simple. It insures your life for a certain amount of money, which shall be passed onto a person of your choice whom you shall nominate as your beneficiary. This way you can ensure that your family does to have to suffer due to your unfortunate death or any such unlikely event.
This is the kind of insurance that pays for medical emergencies and other health related expenses. These policies either reimburse the money incurred during payment or pay the treatment facility directly.
Automobile insurance covers your vehicles against damages and (God forbid) theft. If your foresee that in the near future your teenaged offspring decides to take your car for a ride and later bring it back in tatters, you must definitely have this one.
Protection for your home and other objects of value inside it are covered by this insurance. It can be availed only in the cases where natural calamities like fires, floods etc. This does not cover expense of the appliances damaged during a calamity.
Home warranty plan is different from home insurance plan. These plans cover repairs and replacement of major appliances inside your home. This kind of appliance protection plan is a must have if you live in areas where power supply is erratic or if you have an in-house Dexter whose experiments often burn up your household appliances.
It is also highly suited for folks who are having ageing appliances and wish to get peace of mind by avoiding unnecessary expenses.
Offer documents are often subject to Market risks. Make sure that you read the papers carefully before you sign up for anything. Thank you.
Garbage disposal is one of the best inventions for the convenience of homemakers. They have reduced the amount of garbage to deal with making your life hassle free. But throwing in wrong things can lead to clogs, jams, blockages, odors and huge plumbing bills. With little care and maintenance your garbage disposal can be kept in best condition, extend its life and save on repairs. Here are some handy tips to help you deal better.
These disposals are meant for heavy duty but you need to be careful about what goes inside and what quantity? There are some items which can clog and damage your appliance due to their fibrous and starchy nature. Here is the list of things which you should watch out for
Maintenance of your garbage disposal is crucial, negligence and non maintenance of the appliance makes it ineligible for home warranty coverage. Home warranty sellers may not state these factors clearly, and this will create dissatisfaction to you. Here are some easy tips for the maintenance of your appliance.
Do not put hard substances like plastic or bones into the disposal, they can get stuck and jam the rotating parts.
Cut those vegetable and fruit peels into small pieces then add into the garbage disposal instead trying to push large chunks at once.
Turn on the cold water when the disposal is running. The waste still has a long way to go. Cold water prevents the motor, bearings and shredder assembly from overheating.
Dispose some citrus fruits like orange and lemon to keep your disposal odor free. For stubborn odors pour baking soda into the drain and let it set for several hours before running the water into it.
Grind up a tray of ice cubes once in awhile to keep blades sharp. If the blades of the disposal are worn out then consider replacing them with new ones.
A garbage disposal can run into many kinds of problems, some of which can be fixed easily while others may need professionals help. For safety sake never take risk if you find the job not qualified for you to do, take a professionals help. Here are some common troubles you might encounter while using this appliance.
If you turn on the switch and your garbage disposal doesn’t even make noise, then it’s probably overheated due to overfilling and the switch might be automatically turned off. The first step is to look under the unit and locate the red reset button and turn your disposal on once again.
You can hear the appliance humming but still you cannot see it working, then probably it is jammed. Firstly never put your hand down into the drain and grinding chamber, no don’t go by your instinct its extremely dangerous.
Secondly, turn off circuit breakers to the unit and then remove bottom housing to dislodge the blockage from beneath. If you find this task to be little tricky better seek professional’s help.
Food materials occasionally gets accumulated in the drain after it has gone through the disposal and cause a clog. To repair a clogged drain, place a bucket underneath the drain. Next, use a pipe wrench to loosen the fittings on the P trap. Remove the P trap. Once it’s been removed, try to locate the clog and clean it out. If the clog is not in the P trap, you may need equipments to free the clog.
Whenever you are dealing with your garbage disposal, it is wise to turn the power off at the fuse box because there is a greater risk that the switch will get bumped and the blades might end up giving you a surprise.
Home appliance warranty covers garbage disposals under major appliances, but damage due to lack of maintenance and replacement are not covered in the scheme. A bit of alertness and regular maintenance can save huge costs of plumbing and keep your appliance in good working condition, where you don’t have to juggle with the trash bin.
Condos are a great substitutes to renting an apartment or possessing a single family home and they have their own unique insurance needs.
Condo Warranty is similar to appliance warranty and provides condominium owners with coverage for repair of major appliances and home systems.
Appliances are intended to make your lives simple. Refrigerators, dishwashers, stoves, and other kitchen compliments not only assist you in doing everyday chores and prepare food faster, but they take some of the monotony out of your day and allow you more free time, as well.
Unluckily appliances, like any other piece of machinery can stop working. When that occurs, instead of saving your time and hassle, your malfunctioning appliance can actually add to your stress. This problem becomes even bigger when the malfunction occurs soon after you buy an appliance. To avoid the extra stress of dealing with faults of a brand new appliance, an appliance warranty is a brilliant tool to have in your corner.
When procuring an appliance, inquire if the appliance is issued by the dealer or if the appliance is covered by a manufacturer’s warranty. Some retail chains and dealers buy appliances from the makers without a manufacturer’s warranty, so as to lower their costs. There are quite a few disadvantages to this.
In case you buy a product for commercial/store use for a boarding house, townhouse, or apartment building with an ordinary kitchen or laundry room, make sure to study the warranty limitations. The majority of domestic appliance warranties are only meant for single family use.
Bear in mind that the majority warranty companies, no matter at what condition your appliance is, they would still repair it than replace it.
Condo Warranties are there to cover you when a trouble happens due to a defect.
A home warranty is planned to cover repair and replacement costs for major home systems and appliances (like wiring, plumbing etc.). Usually, a home warranty is bought as a contract for a year, with either annual, monthly or quarterly payments.
Even if you might have to pay a small deductible when you raise an issue, with a home warranty, you will have less worries about large, unforeseen bills caused by appliance or home system breakdown. When merged with your dealer condo warranty, a home warranty must ensure that, one way or other, if something goes wrong you will be able to manage it without breaking the bank.
Condominium insurance is a unique insurance intended to fit the detailed needs of condo owners. Similar to renters insurance, condo insurance offers liability and personal property protection. However, condo owners need to consider additional coverage for the building based on their condominium association’s master policy and it’s coverage.
So take a look at this article, you can learn about condominium insurance below, and then obtain a free quote to see if it can help you get the coverage you need to defend your residence and your belongings.
You possess a condo and the association has insurance. So what’s the big deal? Well, your condominium association insurance covers the condominium building, commonly owned property, and liability insurance for the association.
Regrettably there are many instances where that insurance policy won’t cover you or your things – like water damage to your living room walls, break in, or someone gets injured by slipping on your wet kitchen floor. For this reason, you need condominium insurance planned specifically for condo or co-op owners.
If something happens to your condo or townhome, it may be up to you to put back things like flooring, drywall, light fixtures, cabinets and more. That’s where condo liability insurance comes into the picture.
Many condominium associations only insure the building’s structure and general areas, typically leaving each unit’s interior construction to the homeowner. However, condo insurance coverage may also vary by state.
All-risk contents coverage insures the possessions inside your home for the most common types of losses. When you have this coverage, your contents are insured for the whole thing, unless it’s particularly excluded from your policy.
Named-Perils coverage includes a catalog of the most common types of items covered under your insurance. It includes theft, fire and water damage. All the items are clearly listed in your policy booklet so that you have a thorough knowledge of what your insurance policy covers.
A standard home policy usually offers for the Actual Cash Value (ACV) replacement of your possessions. This means you only obtain the value of the item, less reduction. For instance, if you bought a TV 5 years ago for $500, you might only receive $100 for it if it were damaged in a fire. Even if it may cost you $600 to substitute that same TV, your insurance would only give you $100.
Many people opted to add the Replacement Value option to their contents coverage. Replacement value coverage means that the contents of your home are insured for the amount it costs to replace them. When you substitute the item(s) with a similar kind and quality, within a definite time, the insurer will pay you what it cost you to replace the item(s). This means if your 5 year – old TV was lost in a fire, you would obtain the full amount it would cost to replace it.
When you replace the item(s) with a similar kind and quality, within a specified time, the insurer will pay you what it cost you to replace the item(s) not what they were actually worth in their used state. This means if your 5 year-old TV was lost in a fire, you would get the full amount it would cost to replace it, even if that is more than you paid for the TV in the first place.
Detached Private Structure. This type of coverage applies to structures that belong to your property, but that are not connected to your primary residence. For example, a separate garage could be integrated under this coverage. There is normally a definite limit to this kind of coverage, but you can always increase that limit by buying additional coverage options.
Additional Living Expenses. If you are compelled to leave your home because of a loss, this coverage pays for your logical and necessary expenses to momentarily live away from home. Hotel and food expenses would be covered under such circumstances. There is generally a limit on this kind of coverage.
Personal Liability. Liability insurance guards you from having to pay damages to people, if you have been found liable for accidentally injuring them or damaging their property.
Voluntary Payments for Medical Expenses. This covers medical costs if someone unintentionally hurts themselves as a result of your personal activities or the way you have kept your building. It also covers injuries caused by resident employees.
Voluntary Payments for Damage to Property. The unintentional physical damage to the property of others is covered. It may also be caused by your pets or animals, or by actions of your resident employees. This kind of coverage would also comprise the intended acts of other insured persons under a certain age.
Improvements and betterments. Investing money to get your residence better increases the worth of your investment. The Improvements and Betterments Protection recompenses you for all the additional you have put into your condominium – on top of what the builder initially provided for you, up to the limit of your replacement value.
For example, your unit was initially furnished with a $5000 medium-grade carpet. You want to upgrade to a high quality carpet, valued at $10,000. The ‘Improvements and Betterments’ protection will guarantee that you obtain the full value of your new carpet in the event of a loss. So if there were a fire, and the builder only gave you $5000 to cover the value of the original carpet, the insurer would give you the remaining $5000.
Supplemental Coverage. Aside from insuring your betterments, you may also need to insure your condominium unit itself. This will ensure that you are sheltered should the corporation’s insurance not fully cover a loss to your unit.
Loss Assessment. A significant feature of a condominium insurance policy is loss assessment. This is when you share liability with others for common property. The insurer will shell out, up to a set limit, your portion of any particular assessment that’s valid under your condominium corporation’s governing rules:
You are likely finding out there are a lot of decisions to make and details to work out before you make a choice.
The home insurance agents recognize that a condominium is not a traditional home. However, it does need homeowners insurance of a particular type. In case you want to protect your condo, ensure to inquire about how condo insurance differs and what it covers.
Homeowners insurance agents who focus on condo insurance are an exceptional resource. In all reality, you are asking for tailored homeowners insurance quotes, when you ask for condo insurance quotes. So there is guarantee that you are receiving what you actually require in a policy.
All agencies or insurance types are shaped equal. Make sure that when you get condo insurance quotes, you follow up with the insurance agents who offered you with the quotes, so you are alert about all the details before you invest in a policy.
Americans buy home warranty to protect themselves from repair and replacement costs of home appliances that fail due to normal wear and tear. Unfortunately a lot of policy holders feel let down by the result after filing a claim with their warranty company. Some people are ignorant that they have the power to dispute the outcome of a claim when one is filed; others are conscious that many customers succeed when they dispute a claim correctly. The procedure involved in disputing a claim can be extensive, but can be worth time investment.
A home warranty is a service contract that covers systems and items in your home that are usually not covered by homeowner’s insurance. Furnaces and outside air conditioning units, plumbing and electrical systems are items commonly covered under a home warranty protection plan. The homeowner requests a claim with the warranty company when a covered item requires repair. Some home warranty providers repay the homeowner for the cost of the repair while others send a contractor directly to the home for repairs.
You should look at these factors carefully for any items that you estimated to be covered by the home warranty contract you aim to procure. Make sure you read the contract one more time and understand the reason for denial. In some cases, even courts cannot help you if the claim was denied for a reason clearly stated in the contract.
So what are some of the common reasons for denial of claims on home warranty?
Always be polite and be friendly with customer service professionals. They will go an extra mile if they like you. The first step should always be that you speak to customer service supervisors and their bosses who make the decision. Assuming those steps did not result in a favorable outcome, you can follow these escalation steps:
Recently Warranty Week Newsletter published a report on home warranty companies market share in U.S. While it is not clear how the estimates were made and what assumptions were in place, the estimated numbers seem to be in the ballpark and must give an approximate idea where the companies stand.
With 41% market share, American Home Shield leads the pack followed by First American (11%), Old Republic (8.3%), CCHS (6%), 2-10 HBW (5.3%), and Fidelity (4.3%). It is interesting to note that the major service providers account for only 76% of the market. According to the report, remaining 24% of the market is shared by small companies and half of which are Internet scam companies which have no credibility whatsoever.
Here is the breakdown of home warranty companies market share :
|Company Name||Market Share (%)|
|American Home Shield by Service Master||41|
|First American Home Buyers Protection||11|
|Old Republic Home Protection Co. Inc.||8.3|
|Cross Country Home Services (HMW)||6|
|2-10 Home Buyers Warranty Corp||5.3|
|Fidelity National Home Warranty Co.||4.3|
|Dominion Products and Services Inc.||3.7|
|Home Service USA Corp.||3.3|
|American Water Resources Inc.||3.3|
|Home Security of America (HSA)||2.1|
|Service America Enterpirse||2.0|
|Home Warranty of America – HWA||1.7|
|Land America – BHW||1.5|
|Broward Factory Service – BFS||Less than 1%|
|Allied Home Warranty||Less than 1%|
|The Warranty Group (ServicePlan)||Less than 1%|
|Warrantech Home Service||Less than 1%|
|Nations Preferred Home Warranty||Less than 1%|
|American Home Gaurdian||Less than 1%|
|America’s Preferred Home Warranty||Less than 1%|
|HISCO Home Warranty||Less than 1%|
|Blue Ribbon Home Warranty||Less than 1%|
|Home Warranty Inc.||Less than 1%|
|RAM Home Warranty (Rehak)||Less than 1%|
|U.S. Home Protective Association||Less than 1%|
|Nicor Services||Less than 1%|
The $1.5 billion home warranty industry was hit by the real estate downturn and but looking at the growth chart, 2009 was not a bad year. The growth was flat for the last 2 years, but the industry did not experience any negative growth unlike the real estate market.
You can read the home warranty market share report at their website
You can refer to home warranty companies and their offers on our website as well.
Can a Contractor benefit from the Home Warranty Companies? There may be universal consensus on the subject which is why this article is dedicated to show how work can be extracted and also examine the full scope of benefits a Contractor can draw from a Home Warranty Company.
The better the reviews for a Home Warranty Company (New York, Virginia, Texas, California, etc.), the better your chances of earning and saving more at the same time. What makes it so attractive is the almost nullification of advertising costs for the contractor. All companies that work along with Contractors offer free referrals to Contractors, to all their home warranty customers.
In order to make the most of the significant market that exists, it is never enough to know the technical know-hows of how to repair electronic appliances but you should also be ready to expend a part of your revenue into marketing your brand.
Another reason it is beneficial to work with a Home Warranty company would be because it guarantees continuous work, and you are less prone to be out of work on a not-so-profitable season. With increasing work calls from the Home Warranty Company, the more chances you have at expanding your brand, either by hiring new technicians or buying new work-enhancing technology. With this sort of reliability, you could be fixing an AC and heater at any time of the year.
This can also prove beneficial to the Home Warranty company too as the contractors provide good reviews of the companies they are working with, increasing their chances of contacting them again or even spread goodwill by word of mouth.
When you decide to take on this relationship with a Home Warranty Company, it is also important for a Contractor to remember that he/she must be efficient in receiving calls from customers, who are directed from the Home Warranty company itself. Customer service is the lifeline on which the success of Contractor business can rely on, especially in the case where you are working with a Home Warranty Company where all your customers are directed from the contact number you provide the company.
Joining bigger Home Warranty Companies can give you a form of exclusivity if one outperforms all the contractors a company has hired. This will allow you to appear at the top of their list of contractors, especially if they provide reviews’ section.
Almost all leading Home Warranty Companies offer online applications which you can fill up in your leisure time and submit with all the relevant information typed in.
Some of these leading Home Warranty Companies include,
The customer reviews’ section within our own website can also be found for some of the top rated Home Warranty Companies like American Home Shield, The Home Service Club, Secure Home Warranty, America’s Preferred Home Warranty-APHW, Select Home Warranty and First American Home Warranty (also picked as 2017’s Editor’s Choice, a brand new category introduced this year).
However, all contractors are requested to review the home warranty companies they’ve worked with on an exclusively dedicated space called the Vendor’s Area. Here, one can dish out all the good and bad experiences one’s had by taking up the jobs given by the home warranty companies.
Some of the benefits to the contractor by working with a Home Warranty Company like above, in addition to the ones already mentioned, would be:
Renowned Home Warranty Companies also help their contractors in times of need, which include an experienced support team and a high limit on calls. Companies like Home Warranty of America also helps Contractors claim costs.
Before filling up your application form to become a Service Contractor, it is a necessary step to license your contractorship. Every Home Warranty Company expects the Service Contractor they are about to work with are certified contractors with a license and hence you are required to fill up your license ID in the application form.
Also you are required to fill in your Auto Insurance Policy Number, and your General Liability Insurance Policy Number (optional). Insurance Policies are in your own interest, hence even if some of them are optional we recommend you create one if absent.
Diversifying your skills can also be very beneficial before applying for a Contractorship with a Home Warranty Company. As you fill up your application, you are asked of your specialization and hence learning new skills can help you strike off more blanks, increasing your popularity among the reviews and consequently help increase your revenue.
Consistent work can be guaranteed when you are able to juggle with different kinds of repairs be it plumbing, garbage disposal, weed/lawn mowing, ceiling fans, gas fireplace or septic system. These numbers can go up to a hundred so a little bit of extra skill can only put you so much ahead of the rest of the contractors.
If you are looking to expand your presence in contractorship, applying to work with a Home Warranty Company is the best as it can get. You can save and earn more at the same time, a chance usually deprived for those working outside of these companies. There are many ways you can utilize such an opportunity, more so as there are numerous Home Warranty Companies and your chances at getting in at any one of them aren’t nearly dim. Go ahead and fill your applications now!
Our portal also lets you access some of the most sophisticated lists of best home warranty companies, ranked on a various different criterion. This is, in addition to the Complaint Resolution Program (CRP) and Home Maintenance Calculator. Be sure to check them out!
Anybody who has bought a house knows what closing day feels like. You probably saw the date changed at least once, maybe more than once. You waited for closing. The paperwork trail was long. The bank’s questions had all been answered. The title had cleared. Everything was finally in order, and you saw the keys to your new home for the first time. And the excitement of it all, for many of us, even in memory, is on par with a short list of big life events that we’ll never forget, especially that feeling of being in our own space and to protect our children is something great in itself!
But after the newness and excitement are in the past, home-ownership isn’t always the boon of big advantages over renting that we expect. And these days it’s all too common for buyers of brand new houses to find that the list of half finished, poorly done, and improperly completed work in a new house is long. If you are one among many homeowners, ones who found their dream home wasn’t such a dream upon closer inspection, then you already know that a home warranty doesn’t necessarily protect you or your finances in the event the builder of your home rushed through the work, committed architectural no-nos, or had teams of employees who failed to communicate well together.
Homeowners who closed on new homes, only to find that the builders had made huge mistakes or deliberately violated building codes, know all too well that many home warranties are only as good as the financial stability of the builders themselves. And homeowners who attempt to replace a lost builder’s warranty with one offered by aftermarket home warranty providers may find that pre-existing condition clauses free the company from the obligation to pay many claims that are related to the builder’s errors or bad decisions and calls for a better judgement to be made to protect the interests of the end-user.
But isn’t a home warranty supposed to protect home buyers? Yes, it’s supposed to do that. But the difference between what is supposed to happen with home warranties issued by builders and what actually happens in many cases these days is as big as the difference between states’ regulations on builders and the enforcement of those regulations.
Printed media have been all over this problem for years now. There have been dozens of different reports made by reputable newspapers, magazines, websites, industry organizations, such as The American Institute of Architects, and consumer-facing organizations such as Consumer Reports, each one reinforcing the alarm to consumers that you can’t buy a new house and assume that any problems with it will be remedied by the builder or the home warranty.
What new home buyers and even buyers of existing homes need to understand is that the best protection against huge home repair costs is usually careful scrutiny of the builder. Since states vary greatly in the way in which they regulate builders and building codes, and since enforcement these days is oftentimes limited by budgetary problems, home buyers should not feel too confident in the long-term structural integrity of a house without doing some serious due diligence. That includes checking out the builder’s history and financial health, but it also includes putting extra eyes on the construction while it’s in the process. Home buyers who skip the work involved in ordering inspections of various steps of the construction of their new houses leave themselves open to all kinds of post-closing surprises. And if the builder files for bankruptcy, as so many have done since the housing market crash of 2007, then the owner of a home that was poorly built may be out of luck, no matter what promises were made in the home warranty. So protect yourselves by conducting a thorough research on the internet and in trusted domains like HomeWarrantyReviews.Com
Home Warranty Insurance provides you with protection against expenses that are incurred due to damage of your household appliances. The appliance warranty company shall either pay for repairs or replace your damaged appliance.
Home Warranty is not an ideal choice for customers who have fairly new equipment in their homes. It is ideal for appliances over four years old.
The advantages of Home Warranty are many. Its like an umbrella warranty that covers all the appliances in your home. These are the best aspects of an Appliance Warranty Insurance:
As much as there are benefits, like a coin with two sides, this too has a few limitations.
Being a top home warranty reviews site, we are aware of common problems faced by customers. Let us take you over a few such issues that you may find difficult to deal with:
Always make sure that you read the Policy booklet and contract thoroughly so that future conflicts are avoided. Also ensure that the Insurance Company you choose comes highly recommended.
Choosing the right plan and the right Insurance company is a tough decision to make. The market does provide a lot of choices regarding this as well. If you have decided to proceed with your decision of getting a Home Warranty for yourself, check our reviews section for some insights and ratings. We hope that it will help you choose a plan that suits your needs and your budget. If you are still undecided, do check out our Home Warranty Buyers Guide for further help.
Nation’s largest home warranty provider and a business unit of ServiceMaster Global Holdings Inc., American Home Shield(AHS) has announced that they have acquired OneGuard Home Warranties as part of their strategic expansion. This step seems to open up new prospects for ServiceMaster while also hugely increasing their footprint in the highly competitive states of Texas, Arizona, and Nevada. The acquisition, which happened in late June, is a momentous step in the growth of both companies.
The Vice President for mergers and acquisitions for ServiceMaster has stated that this is an important step in their strategy for organic growth. He has also stated that is one of the many commercial and residential acquisitions that ServiceMaster has made this year. This is ServiceMaster’s first acquisition after AHS acquired Wisconsin-based HSA Home Warranty in 2014.
The CEOs of both companies have expressed their excitement about this recent development and have opined that both companies have common goals, high standards and are equally driven to provide high-quality services to their customers.
President of AHS, Tim Haynes has said that OneGuard was a company that came across as driven and possessing a wide range of products. He also stated that the company has been enjoying a unique position in the marketplace and is a company that has shown much promise.
Financial details of the acquisition or the terms of the transaction remain undisclosed and are hence, unavailable right now. OneGuard, previously known as ServiceOne, reportedly has a revenue of around $30 million and a three-year growth rate of 92%
Despite the acquisition, OneGuard will continue to retain their brand identity and the leadership team will also remain untouched. Product offerings are also expected to remain the same. The company, headquartered in Phoenix, currently employs around 125 employees with most of them working at their headquarters and service centers in Phoenix. A team from AHS and ServiceMaster each is expected to relocate to Peabody Place Downtown.
Established in 1990, OneGuard is a Phoenix-based company which caters to wide range of homeowner needs. The company is a two-time winner of the prestigious Angie’s 2015 & 2014 Service award. OneGuard has also appeared on the Inc. 5000 list of America’s fastest-growing private companies and has also been described as one of the best places to work for.
The company has a wide range of services to offer to their customers which include home maintenance and home warranty plans. OneGuard has serviced a total of over 50,000 customers so far in the states of Arizona and Texas. They also have a claims approval rate of 95%.
American Home Shield is a business unit of ServiceMaster Global Holdings and is responsible for founding the home warranty industry in 1971. Along with its subsidiaries, AHS services close to 50 million customers across all states of the U.S. The company employees over 1,800 people and has a contractor network with over 11,000 contractors and 45,000 technicians. AHS continues to remain an industry leader to this date.
The company has many home warranty products and home service/maintenance plans to offer. AHS has a nationwide footprint, with all 50 states being covered. Winner of many industry awards, the company is said to be one of the leading providers of home service contracts in the country.
Founded in 1929 and incorporated in 1947, ServiceMaster was initially founded as a moth-proofing company. It quickly expanded to provide a variety of residential and commercial services. And today, after 85 years, the company has become a network of several high-quality franchise-based companies like Terminix, Merry Maids, and AHS.
After being acquired by a group of equity sponsors in 2007, the company shifted base to Tennessee and is currently headquartered in Memphis. The company began publicly trading in 2014.
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.
Adding to a long list of home warranty companies which have entered the home service contract space only to quickly exit, Stanley Warranty announced recently that the company is immediately terminating its services. Visitors to Stanley’s website see this message:
The company’s closing may come as little surprise to those who are aware of last year’s announcement of an investigation into the new company’s business practices. In June 2015 New Jersey’s Division of Consumer Affairs announced that it had filed a complaint against Stanley Warranty, LLC, alleging that the company had committed acts contrary to its contractual commitments to its customers. Among the state’s specific complaints against the company were alleged offenses that specifically involved Stanley’s home service contract customers. Stanley also operated a business unit which provided consumers with extended service agreements for motor vehicles, commonly called auto warranties.
Here’s a quick analysis that we can provide to readers seeking more information about Stanley Warranty’s abrupt closure and the precedences set by other companies that pulled this same move in recent years. Come back to HomeWarrantyReviews.com for updates as we learn more about the fallout from Stanley Warranty’s announcement.
Like Sensible Home Warranty did in 2014 when it closed shop, Stanley provided no apparent warning to their customers that pre-paid services would not be provided, though at this time it’s still unclear to HomeWarrantyReviews.com whether the company contacted customers via telephone or postal mail prior to closing its doors. It’s also not known yet whether Stanley’s failure to uphold its commitment to any pre-paid customers will compound the company’s problems with New Jersey’s consumer agency.
Another company in the home warranty space that closed its doors in 2014, Colonial Home Warranty, sought bankruptcy protection. Through bankruptcy, the company appears to have been able to escape financial responsibility for unfulfilled service contracts and repair bills from their contractors. Whether or not Stanley Warranty will seek similar protection is not clear at this time.
Reviews for Stanley Warranty, also known as Stanley Safe Club, here on HomeWarrantyReviews.com are almost entirely negative. The reviews reflect an apparent trend of the company not honoring its promises to customers or contractors who performed repairs on its behalf. Many of the worst reviews mention repair contractors pursuing payments from the homeowners after Stanley Warranty failed to fulfill its duty to make those payments in a timely manner.
On its Better Business Bureau page, Stanley Warranty already had an F rating prior to the announcement of its cessation of services to its customers. On Yelp, a recent review includes a comment about a refund check from the company to the customer, who had canceled services ahead of the expiration of the contract period, being denied due to insufficient funds. That review was created in December of 2015, leading to the obvious question whether or not Stanley was insolvent well before it closed its doors in 2016. Interestingly, reading past reviews on Yelp leads you to at least one claim in 2014 that Stanley Warranty had announced on its company website that it was closing. And no matter how far back in time a reader travels on Yelp, the story seems to be consistently poor, one unhappy customer after another.
Perhaps the most insulting element of this story is that Stanley Warranty sold its service contracts with a promise of zero service fees. Anyone familiar with the home service contract industry knows that most companies charge a fee, paid by the customer to the service provider, at the time of a service call. For a company to offer competitive rates with no service fees is a pretty compelling deal for consumers. And many of the consumers lured in by that deal are now left with every required repair being paid entirely out of their own pockets, despite having paid well in advance for home service contracts from this company.
The home warranty industry has a history of companies like Stanley Warranty popping in and out of the space and taking loads of customers’ money out the door when the companies fold or burning up the money received from customers through mismanagement and unhedged risks. Consumers who have been buying home warranties for years probably recognize some of the company names, ones like Arkidus, Sensible Home Warranty, Colonial Home Warranty, and Certified Warranties Corporation. All of these companies have something in common. They sold home service contracts right up until the day they shut the office lights off and locked the doors.
This may be the single biggest black eye that the home warranty industry has received in the last decade, and it just keeps happening. As if companies being able to enter an industry that is so much like insurance, often undetected by the state agencies that regulate their industry, improperly funded, and perhaps even criminally intent on defrauding their customers is not enough, the end result of the companies is consumers left with financial losses sometimes amounting to thousands of dollars in service contract fees paid in advance. All too often the regulators in the states where the customers live are powerless to retrieve those customers’ funds, and even when bankruptcy courts are involved the individual consumer is usually out of luck when liquidated assets are divided up among registered claimants.
In a nutshell, the chance of Stanley Warranty’s customers seeing refunds is very, very slim. It’s quite likely that this story will end the same way it did for customers of Sensible Home Warranty in 2014 when that company disappeared overnight. But that should not stop consumers willing to do whatever they can to seek justice. Readers who wish to pursue legal action should immediately seek advice from an attorney, preferably one with experience with defunct service contract companies.
If there’s any worthwhile piece of advice we can give to our readers who are shopping for a home warranty company it’s this:
Do your homework! Despite it not always being easy to do, consumers must research companies in the home service contract space before making a purchase. Here’s an example of the kind of detailed reporting available to consumers trying to evaluate the financial health of companies selling home service contracts in the United States. That article by Warranty Week is an excellent resource. Keep in mind that if the home warranty company you choose is using its sales to finance its claims then you can probably count on two things happening. One, the company will do whatever it can to avoid paying your claims. Two, the company will eventually get into hot water and close up quickly in order to try to avoid the owners bearing personal responsibility for the actions of the company.
Be safe out there. And if you are a Stanley Warranty customer who would like to share information with other readers in the same boat as you then please share your story in the comments section below.
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.
This infographic depicts the most basic definition of what a Home Warranty is all about. Although the title says that it is for dummies, we’re sure that even people with average/ above average intelligence can keep up!
Now, an appliance warranty is a form of protection your purchase for your household appliances and systems. It is a contract that offers to provide you discounted repair and replacement services should your device sustain any damages.
As you can see in the infographic, all major systems and appliances are covered. Now that would include refrigerator, built in ovens and microwaves, washer/ dryer, HVAC units and major systems like plumbing and electrical units. Additional coverage can always be purchased, so you can rest assured that all your devices can be protected!
This is how it works. When your covered device gets damaged, you simply place a call to the warranty company explaining your situation. If the damage is not an excluded one, your claim will be taken up. The warranty company then sends a technician to your home to fix the damage.
Let’s discuss the claims part. Like we said, when you notice a damage, all you need to do is inform the warranty company about it. Did you notice that title saying “Common reasons for claim denials”? Yes it is true. Although this does not happen often, it is still noticed that companies often deny claims. The grounds for claim denial varies from company to company and can be understood only after you go through their policy booklet.
However, common reasons for denial are as follows
Don’t worry too much about it. If you choose a reputable company, chances are low that your claims will be unjustly denied.
Moving on, let’s discuss the premiums and deductibles involved. As the image says, the annual premium for most basic warranty plans are somewhere in the range of $250- $500. This can vary depending on the extent of coverage. Larger the coverage, higher the premium.
Each time you raise an issue, you will be expected to pay a deductible/ service call fee (it’s nominal, around $50). The happy news is that there are some companies offering plans at zero deductible.
So there! That’s what the infographic is all about. Isn’t it an awesome image? Cheers!
Whether you are seeking to buy a home in the Phoenix area or sell one, you definitely need a real estate professional that you can trust. Some real estate agents perform better than others with regards to a number of homes sold but there are plenty of other factors such as good knowledge of the city of Phoenix, an established professional reputation with former clients to look for while choosing a trustworthy real estate professional. The leading Arizona real estate agents continue finding unique ways of marketing home listings and work diligently to educate homebuyers and sellers.
Below is the list of top 5 real estate agents in Phoenix who can assist you with their innovation, their sales production and their proficiency in short sales, investment properties, relocation, second homes and/or vacation homes and much more!
With more than 38 years of experience as an Arizona realtor in the greater metro Phoenix/Scottsdale area, Joani Frankel has watched the neighborhood grow from almost a million people to over 4 million people. Frankel moved to Arizona to escape the cold of the Northeast and was lucky to have a realtor who excelled in “people” services. This know-how framed her skills and values as a Real Estate professional. As a proficient realtor, Frankel is empowered to research solutions and is backed by two skilled assistants to provide supportive, informative and resourceful information. Over the years, Frankel has been active and successful and have acquired a strong network of experts that support her services and help treat each new client with respect and courtesy. Frankel says, “I love life and try to live each day with care, courtesy and consideration for all I meet and all I do.”
As a graduate of Syracuse University, Frankel puts her degree and business background to work for you each and every day. Frankel is a Buyer Broker Specialist at Realty One Group and has consistently listed and sold multiple millions of dollars of property each year. Whether you need a home inspector, a lender, an interior design consultant, a cleaning service or personal concierge, you can avail the best support team to work for you! Since 1978, Frankel has been serving as a dedicated Buyer’s broker and is well versed in problem-solving, contract negotiation and above all, fair, ethical and caring client support and service. Frankel says, “My career goals are only met if YOU are satisfied as I serve as your Buyer’s Representative. You may be looking for your 1st home or your 10th! It might be a condo or a mansion. If you are an investor I’ll help you increase your bottom line!”
Frankel operates mainly in neighborhoods such as Cave Creek, Chandler, Fountain Hills, Glendale, Goodyear, Litchfield Park, Paradise Valley, Peoria, Phoenix, Mesa, Scottsdale, Sun City, Surprise, and Tempe. She is a Senior Real Estate Specialist (SRES) and her specialties include:
Frankel is knowledgeable on reverse mortgages, real estate planning, 1031 exchanges, and housing options and has also been educated on all aspects of 50+ buying and selling.
A native to Phoenix, Jacqueline Moore is ardent about everything in business, from marketing products to streamlining processes and evolving technology. With a strong eye for detail, Moore knows how to drive initiatives for both the organization and the management team contributing to long-lasting operational brilliance. Her commitment to charitable organizations and the community stem from her background in education. Whether it is monetary support through each real estate transaction, events, and awareness, or daily help involving contact and participation, Moore has become prominent by identifying the communities that support and need support too.
Moore has lately taken the position of leading the Phoenix Operations for Opendoor. Recently listed on the front page of The Wall Street Journal Business section, Opendoor is changing the way homes are bought and sold by bringing top class software, data science and design to an old industry. Based in Silicon Valley, Opendoor is on a mission to help alleviate some of the pain points of one of the more complex, hectic processes; the residential real estate transaction. Every decision in Opendoor is led with honesty, certainly impacting one of the greatest assets around; homeownership.
Before Opendoor, Moore was the Vice President of HomeSmart managing 20,000+ transactions and $4.2 billion in sales volume yearly. Over the years, Moore has been helping her clients through the entire buying process and with the professional standards that her customers expect while selling their homes. Passionate about helping house hunters, Moore is devoted to delivering quality homes to the market. A proud graduate of the Grand Canyon University, Moore enjoys traveling, cooking, and creating the next best finger painting!
Over the past 30 years, Harrison has been committed to bringing happy buyers and sellers together. Whether it’s buying or selling, she ensures to make the process as stress-free and enjoyable as possible! A full-time Associate Broker, Harrison dedicatedly helps her clients by the implementation of effective sales strategies and marketing tools to best market their homes. Harrison has expertise in relocation services (Small or Large Corporate moves), pre-owned, luxury, vacation, and new construction residential homes and is also experienced in real estate investments and 1031 tax deferred exchanges. She has even had the honor of being a pre-licensing Real Estate Instructor for the State of Arizona for almost a decade. Besides, Harrison assisted Bank United of Miami Florida with their REO properties for 2.5 years before their FDIC closure. She has also successfully owned and operated her own real estate company in Texas. As a reliable multi-million producer, Harrison approaches her business with determination, enthusiasm, and passion.
Harrison moved to East Valley in 1998 and concentrates her practice in cities such as Chandler, Phoenix, Gilbert, Queen Creek, Sun Lakes, Mesa, Tempe, Gold Canyon, San Tan Valley, Ahwatukee, and Maricopa. An Alumna from The University of Texas at El Paso, Harrison is proud to hold the following designations sponsored by the National Association of Realtors (NAR):
Harrison is well aware of the latest real estate developments and knows how to discover the finest properties and negotiate the best deals. She embraces strategies to identify desirable properties for buyers and implements innovative marketing techniques for the sellers. As a Licensed Arizona Real Estate Agent, Harrison skillfully manages clients’ transaction details to include inspections, deadlines, title work, loan procedures, and professional recommendations. Harrison’s awards include:
She has the following relocation certifications:
Harrison’s interests include football, cooking, gardening, and movies.
Liz Harris has a true passion for real estate. Whether working with Arizona first-time buyers, new home buyers, short sales, luxury home buyers, Harris guides her clients through every step of the real estate process. Harris is one of the highly respected agents and keeps her updated with the newest trends to impart the necessary real estate information to her clients in this rapidly changing industry. Founder of Liz Harris realty, based in Chandler, Arizona, Harris is an 11 year veteran of buying and selling six and seven figure properties in the Phoenix metro area.
A resident of Maricopa County, Arizona since 1999, Harris always goes the extra mile whether it is finding buyers for her listing or placing a buyer in a dream home. She has carved a niche for herself in the Phoenix Metro real estate by specializing areas such as Chandler, Gilbert, Mesa, Paradise Valley, Phoenix, Queen Creek, Scottsdale, and Tempe. As a Certified New Home Buying Specialist, she expertly negotiates with new home builders to get the terms and conditions they want. Harris employs knowledgeable marketers who use cutting-edge marketing tactics to get maximum exposure and increase online presence in minimum time using Facebook, YouTube, Google and more!
Harris symbolizes the perfect blend of positive energy, integrity, and vision while maintaining a strong determination to get the result you want. This has helped her acquire the professional designations such as Certified Short Sale Negotiator (CSSN), Certified Distressed Property Expert (CDPE) and the following:
As a proud wife and grateful mother of 3, Harris finds fulfillment both in her personal life and her business life. She enjoys roller coasters, hot bubble bath and roller skating. Consistently ranked in the top 2% of producing agents, Harris would love to hear from you!
With over 25 years of experience in the real estate industry, Janssen’s goal is to help her clients in every phase of buying, selling or investing in real estate. Her experience with RE/MAX, one of the world’s prominent franchisors of real estate brokerage services, help provide the most powerful real estate brand, recognition, and resources to the clients. As a resident of the Valley of the Sun for the past decade, Janssen relocated to Arizona from Park Ridge, Illinois, where she held a Broker’s license and was a legal assistant in a law practice focusing on real estate. Bi-lingual in Spanish, Janssen also holds Florida’s broker license. “My pledge is to provide superb professional services and an exceptional experience!” says Janssen.
Janssen is a very detailed and studies properties thoroughly to obtain the best selling price possible. She is a delight to work with and mainly active in areas such as Apache Junction, Carefree, Fountain Hills, Paradise Valley, Cave Creek, Chandler, Gilbert, Mesa, Phoenix, Queen Creek , Rio Verde, Scottsdale, and Tempe. Her professional designations and certifications include the following:
Additionally, Janssen has earned the Certified Negotiation Expert (CNE) designation and the Green Certification. She was recently acknowledged into to the Master of Real Estate (MRE) Society by demonstrating her commitment to excellence through professional education and practices. Less than 1% of REALTORS in Arizona belong to this elite Society.
Janssen along with her husband Sascha, an expert helicopter pilot and also multilingual in German and Dutch are active in local organizations including Christ Church of Fountain Hills and Fountain Hills Sister Cities. She enjoys the outdoors and spending time with family, friends, and her two sons. “I look forward to meeting and working with you, and welcome the opportunity to demonstrate professional services that get results!”
Just the decision to take the task of building a home into your own hands can be daunting, keep aside the fact that liabilities are now yours alone to deal with. The joy of being there every step of the way and having a say in every brick, beam, and wall comes with a lot of responsibility. The smallest of injuries on site to a worker, accidental falls, natural disasters and other unforeseen circumstances can put your budget off by thousands of dollars.
Time is a factor as well, having the plan pushed back by weeks, if not months; time and money that you cannot get back. Such accidents are what makes it prudent for you to invest in structural insurance, warranty and legal coverage for all the essentials.
Structural insurance functions within the parameters of Builders Insurance and Site Insurance, covering claims regarding the foundation and architectural framework of the building, as well as the integrity of the site it is built on.
As the percentage of self-built homes increase in the US, numerous companies now offer a comprehensive list of structural insurance for homes built without the assistance of building agencies.
If narrowed down to just structural claims, structural insurance covers the claim of any structural defects in a home for a fixed number of years after it is built. Often certain companies have a secondary set of rules, pertaining to the fact that the claim will only kick in 7 to 10 years after the house is completed.
That being said, structural insurance usually comes hand in hand with site and builders insurance as well, both essential and usually synonymous with structural insurance.
Site insurance is offered to builders as well as individuals who have purchased land and intend to construct. It not only covers any natural disaster-related damage – fire, storm, flood – to the land, but also the temporary structures on it. The coverage puts aside a certain sum to take care of any unforeseen circumstances that may cause huts, caravans, tools and the building under construction itself to be partially or wholly damaged.
Certain insurance companies not only take care of the monetary side of things but also offer services to clean, repair and bring back the space to its former state.
In recent times, Builder’s Insurance has become a must for self-built structures, especially since it establishes a sense of trust between the homeowner and the bank or builder who is offering monetary assistance.
Builder’s insurance acts as the umbrella under which site and structural insurance fall, but often companies do cater to individual needs by offering them separately. These insurance policies even accommodate for theft of tools and valuables from the site, but usually, put a limit of the claim. That being said, it is important to pick appropriate coverage plans and not under or over-insure your property.
Allowing delays and pushbacks, any building or structural insurance for individuals who are constructing on their own extend to 18 months, as opposed to the usual 12-month coverage given for builders.
Building a home isn’t only about the structure and integrity. Along each step of the way, you have to be aware of not only accidents and loss that are beyond your control, but also any harm that the process may cause to workers, the public and adjacent private and public property.
As a homeowner, you are liable if any of your workers are injured during the course of construction, or even if they fall ill due to toxic substance exposure while they worked for you.
Even a trespasser walking into property can have a legal claim if he or she is injured due to any improper construction methods.
Damage to surrounding property can be another reason you are faced with a very large bill for compensation. Everything from a falling tree branch to heavy machinery vibrations that may cause harm to adjacent structures can be seen as cause for a lawsuit. Most often, such damage is seen to happen during the time when your foundation is being set, causing worry about underground water sources and support extending below the ground of other buildings in the area.
Besides structural and builder’s insurance, warranty extends the coverage, claims, and care for years after the home is built – taking care of issues and damage that insurance does not address. While insurance deals with unforeseen circumstances and matters that were out of your control, Home Warranty offers solace when you need to deal with maintenance, repair, and replacement due to general wear and tear.
Usually put in place for a period of ten years, Structural Warranty covers defects in the foundation, load-bearing walls, beams, pillars and sometimes even wiring and plumbing systems. Not only does it keep you worry free, it also assures that any negligence on the part of the contractor is covered for without conflict.
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!