Your home is the center of your everyday life and possibly your most valued asset. When your home is destroyed or damaged, you want your claim sorted out by an insurance company that realizes this simple fact. A right homeowners’ insurance company best meets your needs and provides you with the most valuable blend of quality service, custom-made coverage, and fair pricing in policies.
Depending on where you live – an apartment, house, or condominium – the right home insurance plan can give you peace of mind along with the money you need to replace or repair your home and/or stuff. Home insurance policies vary by the type of coverage you choose, the losses covered and the type of residence you own. You pick a policy that is best for you, whether it’s an all-inclusive policy that covers losses such as smoke, fire, falling objects, and theft of personal property, or whether it’s a policy that covers specified losses.
Your home insurance plan is made up of the precise options you select. The amount you pay for your policy depends on what coverage you buy, how much you want to cover, and where you set your limits. There are many types of homeowners policies available when once you decide to be a homeowner or not. The most significant part of homeowners insurance is the level of coverage. Avoid paying for more than you require. Below are the most common levels of coverage.
As insurance policies come in many shapes and sizes, the same is true for insurance companies and agents, who can charge different rates for the same coverage. Bigger insurers are not always better and small don’t essentially have the best customer service. So, it’s always good to shop around for the top deals and ask the precise questions in an attempt to know what you are really receiving.
Prior to signing on the dotted line, you should understand that not all homeowners policies are the same. This is always one of the most common misinterpretations about insurance. According to a survey, more than a third of the homeowners said they did not have or didn’t identify if they had adequate homeowners insurance coverage. In 2005, after Hurricane Katrina affected the city of New Orleans, and again in 2012, when Superstorm Sandy damaged numerous communities in New York and New Jersey, thousands of worried survivors got a rude shock when they found their standard homeowners’ policies did not cover flood damage.
Many catastrophic events are not covered in the basic homeowner’s policy, but they are still insurable and require additional levels of insurance. In some cases, homeowners need entirely different policies, which are usually several times costlier than the typical homeowners’ premium. Some homes are situated in high-risk areas such as flood, hurricanes and earthquake zones, which make buying additional insurance a top priority for these homeowners. Instead of the usual $250 to $1,000 deductible under basic coverage, you have to shell out 1 to 5% of your home’s insured value (up to 10% in Florida).
Hurricane season is an old threat for many residents living along the southeastern coast of the U.S. Hurricane Matthew, which made arrival on Oct 8, 2016, left an expected $6 billion worth of property loss in its devastation across states such as Florida, South Carolina, North Carolina, Georgia, and Virginia. If you live in a region that is prone to hurricanes, you must have certain emergency plans in place. Homeowners in hurricane-prone areas need to act fast to file damage claims with their insurance firms. For instance, if your home is insured for $200,000 and your plan has a 3% deductible for hurricanes, you will have to expend $6,000 out-of-pocket on a storm-related claim.
When you buy a homeowners insurance policy, one of the must have insurance policies, you must prepare the latest home inventory to speed up a claim settlement if you ever need to make one. A complete home inventory, help your insurance company verify the property easier, which in turn makes settling your claim easy. Additionally, you can validate losses for your income tax return with the latest home inventory without any hassles.
For many homeowners, insurance is something to be thought of again, i.e., until the worst occurs. Homeowners who wait until they experience a loss before assessing their own policies do not get the full value – may be little value – out of their incalculable premium payments.
Homeowners insurance is a monetary agreement, but it should also be treated as a living entity to be cherished over time. By reading your policy wisely, shopping around for the suitable agent, comprehending your coverage limits, and create an updated property inventory.
Refrigerator maintenance is a vital part of housekeeping that just cannot be ignored. For people who don’t know the first thing about cleaning a fridge, this guide is just for you!
Is your refrigerator running? Well, you’d better go catch it!
If you are rolling your eyes then maybe you’re not a fan of old jokes. That’s forgivable. But that old joke has a tiny bit of truth to it if you own a home. Your fridge may be running away from you in terms of the electricity it’s using.
There are two good reasons to maintain your refrigerator. The first is to keep it running as long as possible, but the second is less obvious. Your home’s monthly electricity costs are directly affected by the way you use and keep up your fridge. It’s easy to forget that, but if you get into a habit of following these tips you will begin to see the savings.
The back of your fridge is almost never seen, but it’s the part most in need of regular cleaning. At least once each month you should pull your fridge away from the wall, preferably without unplugging it, in order to clean the operational parts located near the bottom. The best way to do this is to gently clean the coils and other exposed parts with a vacuum cleaner. But be careful not to press against the parts with the vacuum. Doing so may damage some of the more delicate parts. By keeping these parts clean you can help your fridge to optimize its heat dissipation. And that helps the fridge use less electricity.
Don’t let the areas around or on the door gaskets become dirty or greasy. Keeping the door gaskets clean will allow for a good, tight seal. And the more air you keep inside the fridge the easier it is for the fridge and freezer to maintain ideal temperatures.
Resist the temptation to carelessly load your fridge. Don’t overload it, but also don’t underfill it. An empty fridge is almost as bad as a fridge that is too full. Either way you’re making the refrigerator work harder in order to stay at a constant temperature. If you are the type to keep lots of food around try to make sure the food is distributed evenly and does not obstruct air flow. If you travel a lot or order food regularly then maybe you have an empty or nearly empty fridge. If that’s you then you can use bottles of water to fill the fridge so it runs more efficiently.
Avoid putting food straight into the fridge after cooking it. Even if you are preparing food to eat later it’s best to cover it and allow it to cool before refrigerating it. Hot things do not help your fridge stay cool. And uncovered foods are problematic too. Though it might not be as obvious as producing odors or being a spill hazard, uncovered foods make your fridge work harder. Ideally you want to keep the moisture in foods and drinks sealed in and not allow it to become part of the air that the fridge must cool.
If your freezer is frost free then you should have a drain pan underneath the fridge. If you have one down there then it’s very important to keep it free from debris. You don’t want to block the drain or cause spills by allowing the pain to fill up with dust and other junk. The best time to clean it is at the same time when you clean the rear of the fridge.
It’s best to keep the fridge and freezer around 37 degrees Fahrenheit and 0 degrees Fahrenheit respectively. Usually you can do this by leaving the thermostat at its middle setting. Turning the thermostat in the fridge down too low can not only increase electricity usage but can sometimes result in the freezer not staying at a safe temperature.
If you do not have a frost free freezer then it’s important to regularly remove ice and frost from the inside of the freezer. You don’t need to turn off your fridge in most cases. A nice open container of hot water left inside the closed (and emptied) freezer will usually do the trick.
When you wipe down the inside of your fridge or freezer try to always dry off the surfaces you clean. And if you use disinfectant cleaners to remove meat or egg drippings then be sure to go back over those surfaces with water in order to not leave chemical residues.
Though your refrigerator may not be using as much electricity as your heating and cooling system it still pays off in the long run to maximize its energy efficiency. And if you love to cook it pays off in other ways. Your food will stay fresher, not to mention taste and smell better, if you make these tips part of your regular routine. You can also go through this guide on How to Conserve Electricity At Home And Cut Energy Bills for more information.
If you are an obsessive cleaner, you may also want to look at this elaborate guide on refrigerator maintenance. You’ll know exactly what to do with each appliance once you go through this. Good luck!
Home appliance protection plans are getting popular these days among homeowners. Such home warranty plans cover appliance repair costs and help homeowners with maintenance and repair services.
Home warranty plan is a contract to insure the appliances in case of breakdowns to cover-up the repairs or replacement.
Watch this video to know the basics of Home Warranty –
Home protection plan relieves you from unwanted stress and buys you peace of mind by providing the confidence that any repairs and replacement of your insured appliance will be taken care of by qualified service providers.
In case any of your insured appliances break down, first step is to place a service request by simply calling up your insurance company. Once the request is confirmed the same is sent out to schedule an appointment. Only the service fee will be collected to determine the problem and sort-out the issue.
Only the products listed in the insurance contract will be taken care of by the Home protection plan. Generally all major appliances like refrigerator, washer/dryer, bathtub, plumbing systems, electrical systems, ceiling fans, water heaters and garage door opener are covered in the insurance plan. If it is determined that your insured item cannot be repaired by a service contractor, then it will surely be replaced.
There are lots of home protection plans available in the market today. But it is not really hard to find which plan suits your requirements best, besides you just need to do some basic groundwork before deciding-
These are all the questions that you need to find the answers to before purchasing a home warranty policy. Some company policies cover only certain appliances while few are expensive. You need to be clear on all these issues.
Once you are certain about which plan suits your needs, compare the policy premiums and ensure the coverage plan. Finally, make sure the home warranty company is available 24 hours a day, 7 days a week, including weekends and holidays, so they are there when you need assistance. You can find such companies in our home warranty company directory. A home warranty company should have a toll-free number so it doesn’t cost money to call. Ensure that the customer support is available on easy track so that it helps in fast communication and service. Sign up with a company that has all the above mentioned facilities.
Planning to buy a Home Warranty policy? Watch this video –
In a quite short period of time, home protection plan have grown considerably in recognition. Today, the plans are almost standard in every city real estate transactions, where 8 of every 10 homes sales are covered. Homeownership can be one of life’s many pleasures, but it’s not always cheap. Most likely the last thing a homebuyer wants to do after closing on their new home is to shell out even more money on appliances or systems that unpredictably break or malfunction. It’s a usual part of being a homeowner, though, and procuring a home warranty protection plan is one way you can attain some peace of mind.
When your appliance breaks down, don’t worry about whom to call to fix it, or what it will cost. There are various options by which you can protect your budget from pricey emergency repairs.
Want to know how home warranty works? Watch this video –
Home warranty plans, also called home protection plans, are basically service contracts or insurance policies that cover major appliances and systems of a home. It’s a good idea if you are a first time home buyer without any understanding in maintaining a home or property. Homeowners insurance does not cover breakdown of a home’s major systems or appliances, but a home warranty protection plan can help with repair expenses such as refrigerator that stops running, or your air conditioning system breaks down in the middle of the night.
When a breakdown happens that involves a system covered by the home warranty plan, the homeowner calls the insurance firm and desires a service call. The cost of the service call, which ranges from $35 to $95 per visit based on your location, is salaried by the owner. The warranty company allots the call to an approved contractor, and the home protection company shells out for the system repair or replacement.
Home warranties naturally cover the mechanical systems of a home such as heating, plumbing, water heater and most built-in appliances. Structural components and pre-existing conditions are usually are not covered. For instance, if the water heater hasn’t worked properly for some time, it possibly that it won’t be covered in the buyer’s home warranty plan. Other items which are typically not covered include faucet repairs, sprinklers and permit fees. Some home warranty cover roof repairs and garage door openers with certain limits.
Another common problem with home warranties is that you will not be able to decide the repair provider that will care of your problem while the warranty is in effect. Normally, if a covered item breaks down, you will put notify your home warranty company, which will select a service provider with which it has an agreement.
Additional coverage is accessible under most home warranties at an extra charge for a spa, pool, air conditioning and freestanding appliances, such as washer, refrigerator and dryer.
Coverage usually runs for a year, but it may be extended at the owner’s choice for a renewal fee. Some people keep their home warranty policy in position for years and years. If the home protection plan is ordered at the time a home is bought, inspections are normally not required.
If you don’t want to have to be anxious about repairs in your first year of home ownership, a home warranty may be a good idea. However, it is imperative to weigh up your warranty, to ensure that you will be properly covered.
Know the basics of home warranty.
Extended warranties, by providing protection for pricey purchases and increasing the span of a product’s original warranty, have become the standard for many retailers. These warranties often appeal to economical consumers, for whom purchasing big-ticket items like appliances and electronics can be a challenging decision.
An extended warranty or service contract is like an insurance policy – your savings buys off only when the most evil happens. But do you actually want one? These days, almost all the brand – name appliances are sturdily – built and generally last their usual life span with few or no repairs, rendering extended warranties pointless. In case you do choose to get one, ensure that you do your homework.
There might be instances where an extended warranty is affordably priced and makes up for a limited warranty that covers little ground and has short period of time, and thus, is worth it. But too often, they are a waste of money. Before you purchase an extended warranty, ask yourself the following questions:
You frequently forget that while your product may certainly break down later on, the price of the product will also depreciate later on. Only when the forecasted cost of replacement or repairs become considerably greater than the present cost of the extended warranty, should one consider buying the extended warranty. And still, a warranty must only be thought out if there is also a significant chance that the appliance will stop working in the first place!
Certainly, warranties are significant and you must always ensure that when you buy pricey appliances – like clothes dryer for example – that it has a warranty to follow with it. But if a salesperson is attempting to get you to buy an additional extended warranty, be doubtful. Think about sales and advertising. There is always an income motive and retailers and merchandisers can regularly make money off consumers when they purchase extended warranties than when they buy replacement products or pay for repairs! This is why third party companies and retail stores provide extended warranties, not the manufacturers.
Think about sales and advertising. There is always a profit motive and retailers and merchandisers can often make more money off of consumers when they buy extended warranties than when they buy replacement products or pay for repairs! This is why retail stores and third-party companies offer extended warranties, not the manufacturers themselves.
The moral of the story is that you must do a little math and significant thinking prior to buying an extended warranty. Possibly it will be a wise purchase, and may be the money will be better used up toward other services or products.
Don’t lose your cool over unforeseen home repairs; call the experts for a home service contract. One such company that provides Service Contract is Service America. Never again will you have to worry yourself with the hassle and high cost of unforeseen repairs.
Service America is protecting its customers from unpredicted air conditioning, appliance and plumbing repairs for over 38 years saving them a ton of money, time and unnecessary frustration. When something breaks down at home, it becomes necessary for you to rush and find the right technician to fix the problem. Many times it’s an urgent situation and you don’t have the comfort of shopping around for the best price. But you can avoid these types of stressful circumstances, save money and experience peace of mind at the same time by buying a Service Contract.
A Service America Service Contract covers all these appliances and services for just one low yearly cost.
Quoting and buying a service contract takes a few minutes but expectantly you will find it effortless. In order to obtain the best possible coverage you need to give basic information about your home.
In the heating, ventilation, and air conditioning (HVAC) industry, equipment servicing is generally headed by the issuance of HVAC service contracts. The key purpose of this is to describe the terms of service as well as the cost, the length of service and what requires to be done, and each package of contracts is exclusive to each type of service. These service contracts incorporate full-coverage, full-labor, preventative-maintenance, inspection contracts, and end-use contracts.
All of these HVAC service contracts cover the tasks of each party, material cost, wages and how to decide arguments with a complete document. The equipment, procedures, tasks, unique descriptions and reports on the precise work to be done ought to be covered as well. Every contract also sketches processes and details the responsibilities of the contractor and owner. Regardless of which contract is signed, there can be several contracts put into practice for the same parties at any given time.
Appliances are a vital component of a well running home, as they are utilized every day. When they stop working, an appliance repair professional is able to restore the item to full working order. Along with repairs, professionals will regularly service your appliances to make sure that they run as safely and efficiently as possible.
Appliance repair professionals can render the following services amongst others:
While hiring your appliance repair professional, make sure that you get a quote on the work that needs to be performed. Ensure that the quote incorporates the call out fee and the cost of any parts that must be replaced. The professional must also be ready to give assurance of their work for a certain period of time. It’s good idea to investigate several repair pros in your area and pick the one that offers experienced technicians, reasonable prices, and good customer service. Always make sure that the professional is insured and licensed.
Okay, so you feel that your tiny apartment is boring and is in desperate need of some styling. Worry not, my friend! Who wants a large apartment when you can always spice up your little one? Plus, we all know that apartments are easier to maintain and you only need to spend less money on them.
Your home should be a space that makes you feel good and we don’t see how the size really matters when it comes to styling. Unless you live in a minuscule apartment like the one Lily Aldrin from “How I met your Mother” occupied (You poor dear!), we don’t see why you would find it difficult to do add some style to your home. Take a look at our list of ten cost effective things you could do that would make your home look A.W.E.S.O.M.E !
Who wants to live in an apartment with boring white walls? If you have watched the “Hunger Games”, we’re sure that you would not have forgotten the look of the folks at the Capitol. That’s the effect bright colors have on you. Buy a can or two of your favorite color and paint a wall with it. You can even invite your buddies over and make this a fun chore. Make sure you speak with your building supervisor before you do this.
Some apartments don’t encourage their residents creating masterpieces on the walls. If you don’t have the option of painting your walls, try using colorful furniture instead. A funky bright pink chair, or an emerald green sofa may bring a drastic change to your home. You can also try using brightly colored curtains and drapes.
If your apartment is really small, it would be unwise to fill it up with large pieces of furniture. This restricts movement around your home and in general ruins the whole look and feel. If you have sufficient space, “float” your furniture so that cleaning will be easier.
Chuck out all the unnecessary furniture. If you rarely eat at home, then its pointless to keep a dining table and six chairs. Instead use this space for something that you genuinely need, say a work space or an exercise room. Budding musicians can use this space to display and practise on your instruments.
Do you have old photographs lying around somewhere? Use them to add a personal touch to your home. Frame them elegantly and hang them up on the walls. If you paint and have painted any pieces, put them up on display. It needn’t necessarily be anything two dimensional like a painting or a photograph, you can always make something fun and creative and display that as well!
Now this one not only looks nice, but it also ensures easy reach to things you need. Place an open shelf in your kitchen and rooms. Neatly arrange all your stuff on it adding flower vases and other showpieces of your choice intermittently. Metal shelves are best suited for this. They are stable, sturdy and can hold a weight.
If you store your kitchen staples this way, it will save you a lot of time while you prepare your shopping list as you can visibly see all the empty jars. Just make sure that you don’t place any rotting veggies or fruits on them
If your apartment is rented out, you may feel stuck with the things inside it. In such a situation, you could bring a lot of change by placing suitable carpets and rugs. You wouldn’t believe the difference they bring to the entire house. Try carpets with patterns and designs. If you are not a regular cleaner, go for ones that are not furry and bushy.
Decorate your TV wall with some panel work or artwork. Turn that into a focal point. Always try to go for a wall mounting TV, it saves space and is easier to move around and of course the picture quality is better.
If you have other recreational devices, they too can be placed in decorative backgrounds. This adds a certain charm to your apartment.
Go green! Add plants and bonsai trees to you home. You have a lot of options on indoor plants and they are easy to maintain as well. If you don’t want a live plant you can always go for a fake one, but it will never be as good as a live one.
Plants are not the ideal additions to your bedroom, what with the CO2 being emitted at night and all that. However windows and kitchen counters are ideal locations for these green friends.
There’s no fun in symmetry. Use your creativity, make a mix of themes and styles. You can go online and check various color combinations and theme mixes. Like they say, two styles are better than one single boring one.
Sometimes your options are limited. You can’t always implement all the changes you want to, right? Say for example the colour of your bathroom tile, no matter how painful and eye damaging that color is, there is very little you can do about it.
So what do you do? Work around it. Try to get other stuff that matches or negates the effect of that bad tile color. Same goes with everything else that you can’t change. At the end of the day, its more about what you make out of the things that you already have.
These are not rules that you must follow, they are simply tips that you can adopt if you want to. It is your home and your life. Let nothing stop you from decorating it the way you want. Be sure that it reflects your personality and that you turn it into something that makes you feel warm and homey.
The last thing you want after a tiring day at the office, is to walk into a space that doesn’t make you feel relaxed. Let your creativity run wild, make use of what you have. Happy decorating!
What’s it like right now out there for home sellers? Well, for one thing, despite the wild gyrations of the stock market over the last several months, houses are still being sold. Not only are houses selling but many regions are showing signs of solid home value increases as inventory hits a bottleneck. This is the good news. The not-so-good news is that parts of the western U.S. are not enjoying the rising sales prices. As homes in those parts of the country stay on the market longer, sellers find themselves in competition with other home sellers. And that leads to knocking prices down or making other costly concessions to close a sale. If that sounds like your situation then what can you do? What can any seller do when a house doesn’t sell as quickly as desired? The answer to that question is many things. But one thing in particular is relatively inexpensive and easy to accomplish. That one thing is buying a home warranty.
Home warranties have not exactly been praised in recent years, so it might seem unlikely that anybody will see these contracts as a big plus. But that’s a widely adopted misconception and one that deserves some closer inspection.
I asked the founder of the home warranty industry, American Home Shield, to help me understand why their customers involved in real estate sales are choosing to cover their listing periods and buyers’ first years of ownership with a seller provided home service contracts.
Lisa Rice, National Vice President, Real Estate Sales at American Home Shield answered the call for information with some details that real estate professionals and home sellers may want to consider when deciding whether or not to buy a home service contract.
What types of home warranties are available to home sellers right now?
American Home Shield offers different levels of coverage for homeowners in any number of situations. Sellers can offer any of our AHS packages to the buyer at closing – Shield Essential, Shield Plus or Shield Complete. Shield Essential, for instance, provides comprehensive coverage to a seller on their “essential” systems that could fail during the listing period. Further, a seller’s portion of coverage is paid at “closing” – so there is no up-front out-of-pocket expense to the seller.
What is the average cost of these contracts?
Our prices vary based on the part of the country you are in, but in some parts of the country, you can get our basic Shield Essential plan for less than $2 a day. The Shield Essential plans cover major appliances and home system components.
Do these contracts typically help homes to sell faster? If so then can you cite any statistics?
According to a 2013 real estate study conducted by NRT, we found that homes with an AHS Home Protection Plan sold an average of about 11 days faster and about $2,300 more than those without a home warranty — that’s over three times the average price of the plan itself. Also, in many states where multiple offer situations are a reality, buyers might choose to provide sellers coverage during the contract escrow period to make their purchase offer more attractive. This is a tremendous benefit for the seller.
Can you say what percentage of these contracts result in paid claims?
An American Home Shield customer uses their plan an average of two times per year. We accept and pay more service requests than any other home warranty company in the nation. In the past three years, we have serviced about 93 percent of claims. That’s added up to $1.7 billion over the last 5 years and $3 billion in the last ten years.
Lisa’s feedback helped greatly. Even as someone working on the marketing side of the home service contract industry I still need to understand why the industry keeps growing its customer base, despite so many consumer advocates and other critics lambasting home warranties as a waste of cash. But there were still questions that I have seen and heard from homeowners not familiar with the home warranty. And a few of those are important to air out, in my opinion.
Isn’t home warranty something that overlaps with homeowner’s insurance?
Absolutely not. But this is still a good point to address. It’s a common misconception among a large percentage of homeowners in the U.S. Truth is, your homeowner’s insurance mostly covers the unforeseeable things that happen TO your house. Home warranty covers the things that happen in your house that is expected, even guaranteed to eventually occur. Your insurance is a wager of sorts between you and the company issuing the coverage, their bet being that you’ll pay a lot more in than you ever get out in claims. Home warranty pays for things that are much, much more likely to happen to almost any coverage purchaser, things like dishwashers wearing out and refrigerators needing replacement. This is where the common complaints about home warranty are most easily linked to the nature of the service promised to customers. Homeowner’s insurance is typically far more expensive to maintain per year than a home warranty would be for the same house. Why? Well, the main reason seems to be the price that customers are willing to pay. People just don’t want to spend as much on home warranties, it would seem, as they do their insurance. But by looking for the absolute cheapest home warranty you are practically inviting problems down the road. Like insurance, the home warranty can’t operate profitably for the company unless more money comes in premiums than goes out in claims. Homeowners would do well to keep in mind both the differences between homeowner’s insurance and home warranty and the dynamic at work inside the companies. Sometimes you really do get what you pay for!
This one is easy. HomeWarrantyReviews.com is the best place to narrow down the options that a homeowner has for home warranty coverage, no question about it. You won’t find a website that has been around longer than this one, when it comes to providing unbiased consumer feedback about home warranty companies.
This is the best and first question a homeowner can ask, in my opinion, when considering a home warranty.
Do you need one? Do you not need one? Is it better to put money in savings or have a credit card with a good sized credit line on standby for emergencies? Is it better to buy the home warranty?
Answering these questions can be as arbitrary as a coin toss for some people, simply due to all the uncertainty involved. Though a newer appliance is less likely to break and may be covered under a manufacturer’s warranty, there is also the matter of how time consuming finding a qualified, reputable contractor can be. And if you’re an investor with multiple rental properties, that time you spend calling around to find a good contractor may be greatly multiplied.
To help you with this decision, I would suggest you read this article here on HomeWarrantyReviews.com, with helpful tips about deciding whether a home warranty is something you need or not.
Kevin Wallach writes about the home service contract industry and works in a marketing capacity within the home warranty industry. He has followed the industry for five years and has worked just as long to help bring customers and companies together through Internet marketing. He also is the administrator of the Home Warranty and Service Contract industry group on Linkedin.
A place to make countless memories in and call your own, if you’re in the market for a new home then you sure know what a task it can be to research, hunt and narrow down to just the right space. From the way the homes you walk into make you feel to the technical details – the plumbing, storage units, materials used and more – the entire process can not only be exhausting but can also take weeks, if not months for home inspection. While the gut feeling is all yours to trust, there is a simple way to get help when it comes to ironing out the value of a space, the cost you will have to add as overhead once you buy it, what to consider and functional tips and points to focus on when you remodel.
A home inspection is a simple step recommended for aspiring homeowners, a step that comes right after you narrow down on your dream home and just before you sign the papers. We all know never to judge a book by its cover, but the trick here is to find the right people to judge the inside and estimate its condition.
Most often home inspection is a part of all well drafted real estate deals, including a system within which the price and repairs can be renegotiated after the inspection, saving you both time and energy.
Just like any other professional, hiring a home inspector can be a lot easier if you know the right questions to ask.
More often than not, home buyers tend to rely on their contractors for inspections as well, frequently creating a conflict of interest. Raising questions about the authenticity and real need for the repairs that the contractor has pointed out can create unnecessary tension, making it a lot easier if you kept both separate.
Of the three aspects to be clarified before hiring an inspector, the first stands to be one that is very often overlooked. Being a profession that has its if’s and but’s when it comes to safety, the responsibility of being cautious and secure during the inspection should be the agencies alone. Be it insurance to assure that any accidents do not come back onto you or the required gear for the procedure, make sure you are free from any legal complications from the first step itself.
In order to understand more clearly what you are getting your money’s worth, and how much you will be actually be spending on this process, start by getting estimates as well as sample reports from three to four consultants or companies. Proceed to judge the inspectors based on how comprehensive their sample report is, and to what extent the price justifies the service they are providing – making an informed decision definitely makes a difference!
While companies and agencies of repute do exist, if you’re looking to hire an individual consultant then it’s a good idea to get in touch with them through word of mouth or check out their references beforehand. Even when it comes to a company, go through online reviews to get a better idea of who you are hiring.
A general home inspection is quite standard, paying attention to the structural elements of the building as well as to smaller details such as appliances inside and outdoor wear and tear due to weather. Depending on the age, architectural style, materials and problem areas of the home, it may help for you to hire an inspector with a more particular area of expertise.
Being a part of the inspection process is essential, and hiring an inspector who does not keep you in the loop is never smart. From getting acquainted with space through the eyes of the professional to firsthand explanations and insight into what is substandard and why, tagging along will give you the chance to clarify any inhibitions you have with space, to begin with.
Broadly speaking, a home inspector should thoroughly look through all structural aspects of the building and foundation – aspects such as the roof and walls for seepage or termites, possible shifts in the flooring, insulation, age and condition of woodwork and plumbing, the functionality and safety of the electrical system, cooling system etc. Indoor appliances can be a part of the inspection as well, assuming they come with the home.
Specific to each of these issues, the inspector would look at and categorize the defects into –
Post the inspection – that usually lasts a few hours – the inspector will submit a comprehensive report to you, giving you the highs and lows of the property and maybe even tips on how to maintain the home and retain its condition for longevity and resale in the future.
Hiring a home inspector isn’t just for home buyers! The task of putting a home on the market and actually making a sale can be just as daunting as buying one and making it a home, and just as inspection puts the buyer’s mind at ease, it also helps assess the value of the property and gives you the upper hand.
Making you confident, well informed of the value and aware of the possible issues within the purchase of the property, home inspection empowers the buyer to have control over their decisions and know what they are getting into. Being an investment of significant sums of money, an inspector’s expertise can be highly beneficial, impartial and yet of appropriate judgment – giving you just the professional intervention you need before taking the leap.
Though home inspection minimizes the possibility of disagreeable surprises regarding repairs and replacements after the home is purchased, it’s not all about the negatives. Alongside what requires attention, an inspector also brings to your notice the crowning jewels of your property and how they can be maintained in mint condition.
A quick and economical way to give you the upper hand and have you one step ahead of the questions the buyers and real estate agents will harrow you with, a home inspection from a seller’s point of view can be just as beneficial as that from buyers.
Giving you the chance to know the true value of your home, tidy up areas that are not in the best condition and even repair certain aspects that may exponentially boost the monetary value as well as the salability of the property. Just as a buyer would not want any surprise repair needs after the deal is finalized, it is preferable for the seller to have a clear idea of the pros and cons of the property so as to assure that a deal that seems otherwise perfect doesn’t fall through at the last minute because of setbacks. Being honest about the condition of the property can be a negotiating tactic of its own, giving the buyer a clear picture and allowing for a smooth mediation between both parties. Legally speaking, the inspection can be drawn into the clause itself, exonerating the seller from any further responsibility for the condition of the home as well as assuring that no lawsuits can be filed, considering all the necessary information was disclosed prior to the deal being finalized.
Still looking to be your own inspector and have a go at your own property or want to give your new home a good poke before letting in the professional? There are a few things to keep in mind, for your safety and the success of the enterprise itself.
Before you get started, make sure you are dressed right for the task – gloves, covered shoes, a mask for when you enter the basement and attic, and basic tools to be able to inspect behind panels of wood and a strong flashlight.
Just as home inspection can help do away with inhibitions of buying a new home, getting Home Warranty with wide coverage can assure peace of mind for years to come. Having gone through the aspects of inspecting a home thoroughly before investing in it, now comes the trick of making sure that your repair, servicing and replacements costs and tensions are all taken care of!
A service contract that assures the complete fixing and replacement of appliances, plumbing, electrical systems, and cooling systems of your home – saving energy on unexpected repairs and the trouble of looking for the required professional for each product – home warranty covers most major appliances and is yearly renewable without any hassle.
Not quite sure about how far this warranty could really make an impact?
HomeWarrantyReviews.com brings you the Home Maintenance Calculator, a simple tool to get an estimate of what repairs and replacements can cost without a warranty in place, in comparison to the yearly cost of the home warranty itself.
It’s not always enough to base the decision on the age or the general condition of the appliance, and the Home Maintenance Calculator has been carefully put together so as to not miss any factors. By feeding in basic details of how old the home is, the age of individual appliances and systems and the number of times the home usually requires repairs in a year, the tool uses data to give you a very good idea of the end cost.
Getting your result is simple as well – the charts alter according to the parameters you feed in, and if the sum for maintenance is higher than that of warranty, then it is best to get yourself a reliable home warranty coverage, preferably chosen through meticulous research. In fact, finding the right deal for your home is not much different from hunting for the perfect home inspector! Read reviews, get estimates and make sure the plan covers all the essentials; a little bit of digging around may make all the difference when it comes to the perfect home warranty plan to fit your needs.
Since you searched for this online, it is possibly true that you are frustrated beyond possible limits, because your Insurance Company, that you hired to make your life easier, is in fact annoying you. Let’s not waste time, this article explains the strategy that you must adopt in the event that your Insurance company acts tough on your claim.
Let’s take you over the essentials first. The points that follow must be adhered to , otherwise you stand a chance to lose the fight against the Insurance company.
Gather all the information you can regarding your damaged device eg Manufacturer’s name, model no, batch no, claim center’s details, basically anything that is required. You should have them ready before you call up the Insurance Company. Keep the info that you gathered in the same place, this is will make accessing them easier. Keep your policy booklet and contract ready as well.
Once you have gathered all the required information, call the Insurance company. It is suggested that you don’t place your call on Mondays as it is the busiest day of the week. You should keep records of the following:
Remember that being rude is not going to reap any rewards. The Representative on the other end of the line is possibly more frustrated than you are as they have to deal with annoyed customers like you all day.
If you follow the above two rules, you might get a positive response from the Insurance company soon. But there are cases where even good manners and genuine claims fall on deaf ears. If you are experiencing something like that, read on.
Call them up at a later time: This may help if the representative you talked to is a kind fellow. Or they may decide to help you just so that you stop annoying them with constant calls. Give it a try.
Speak with a supervisor: We are not sure how much this would help, but it is still worth a try.
Threaten them: Yes, you read that right. You probably had thought about it already. First, tell them that you had been a loyal customer and that you will be disappointed if your issue is not resolved. If that does not work, threaten them by telling them that you will terminate your contract if your grievances are not solved immediately. When you do this, they will ask you why you want to terminate your contract. Proceed on telling them how your constant pleas and calls were ignored.
Threaten them some more: It might be helpful if you threaten them by saying that you will tarnish their reputation by bad mouthing them. Declare that you are going to publicise the details of how you were treated and you can even tell them that you will announce the same through various social media.
BBB: The Better Business Bureau (BBB) is one such institution that mediates between the customers and the businesses to resolve issues. Place a complaint with them . The BBB is not a government run organization, however they are advocates of integrity and ethics. They do keep records of all the complaints. No institution wishes to be in the bad list of the BBB.
Attorney General’s office: If you genuinely feel that you are being victimized, you can complain to the Attorney General’s office. They will conduct enquiries and try to resolve the issue. If you do not wish to do this, then simply threaten the Insurance Company by telling them that you will complain to the Attorney General’s office.
Last resort: The lawsuit threat. This should not be used unless your case is that compelling. Most biggies in the Insurance field have their positions covered legally and you may lose unless you have a strong case against them.
HomeWarrantyReviews.com was recently invited to visit the offices of TotalProtect, a Cross Country Home Services company, in Sunrise, Florida. We sat down with company representatives to find out how a 30-year-old company remains on the cutting edge of service in this industry and how they continue to add value to their customers, including a new offering involving Nest Protect.
TotalProtect and its parent and sister companies have been in the home warranty business for nearly three decades. In that time they have built a network of more than 40,000 qualified local service professionals. And, it’s no small feat for a company of their size to have maintained an A to A- rating with the Better Business Bureau. But what the company has done up to now was only part of the story we heard there. The coming attractions are remarkable, and for homeowners some of those changes in TotalProtect’s offerings may be game changers.
Our readers are always looking to better understand the companies that provide home service contracts in the U.S. What would you like them to know about Cross Country Home Services & TotalProtect in order to distinguish your companies from others?
TotalProtect – A few things make us different. First, we’ve been around a long time.
We also stand out on the size of our service network. We have recruited thousands of qualified, local professionals so we can to be there when you need us.
One of the best benefits we offer is our 180-Day Guarantee on repairs – three times as long as most other home warranties. We are committed to fixing your problem right the first time, and if it’s not right, we’ll be there for 6 months to save you the hassle of repeated costs on the same problem. That’s how confident we are in the quality of our workmanship.
During the past few years several companies have gone out of business or been sanctioned by various states’ attorney generals for deceptive trade practices, how can a consumer have confidence in CCHS? How do they know you’ll be around?
TotalProtect – It’s understandable that homeowners would have concerns about the industry. To address those, again we’d point out how long we’ve been in business. Then, look at our record. Unlike other large home warranty companies, we have never had an attorney general’s sanction, we are consistently A or A- rated by the Better Business Bureau (also better than most service companies), and customers rate us well on review sites like yours.
Beyond that, we are always pushing ourselves to get better. We survey every customer after a claim to learn what we did well and what we didn’t. That feedback is shared with our agents and our service providers. If we make a mistake, we make it right and learn from it.
We also acknowledge that in the social media age, both our successes and our mistakes are public. But we don’t believe a trustworthy company should rush to delete a negative review. Instead, we acknowledge problems and have a team specifically dedicated to resolving those issues. People are trying to make an educated decision and deserve the whole picture.
Claims processing can be a frustrating process. At HomeWarrantyReviews.com we hear many complaints about claims and with respect to the industry in general. According to our users who write reviews, some companies are very easy to reach when purchasing the policy but impossible to reach when a claim needs to be made. How do you handle your claims and what process could a customer expect to go through when they have something break?
TotalProtect – Our customers can always reach us for assistance. We have agents available in our Florida and South Carolina call centers 24/7/365 for you to report a claim. We also have an easy-to-use website, placemyclaim.com, for those who prefer to go online, whether that’s desktop, mobile or tablet. And, we’re currently working on a new, improved mobile claims site design.
Your new Nest Protect offering was exciting! With the smoke and CO alarm you’re helping homeowners with a critically important aspect of home safety. Do you have any plans to offer other, similar services in the future?
TotalProtect – We’re always looking for ways to provide a broader array of home protection services. And, we know that home safety is an important issue for everyone. We believe the Nest family of products offer smart ways for homeowners to extend protection beyond the warranty. Plus, it’s an easy way to begin building a more thoughtful, tech-savvy home.
We gave away 50 Nest Protect smoke and carbon monoxide alarms during Fire Prevention Week, October 4-10. The National Fire Protection Association encourages you to “hear it beep where you sleep” by putting an alarm in every bedroom. We want to help spread that message.
Nest Protect sends alerts to your phone in case you’re not home. With the Nest app, you can hush false alarms from your phone or tablet.This type of remote home systems control seems to be the direction every modern amenity in the home is heading toward. With that in mind, is Cross Country Home Services seeing a lot of its customers using mobile devices to make payments, renew contracts, file claims and follow up on the status of claims?
TotalProtect – Absolutely, we see more customers shop, buy and use us via tablets and smart phones. In the future we’ll be offering even more options for managing your account and claims online, with the goal of making those services mobile-friendly as well.
Web connected smoke detection, carbon monoxide, intrusion alarms and other home automation devices are just a few parts of the new “web connected home.” With so many of your customers relying on your company for emergency repairs to the HVAC system do you think the web connected thermostat or other automation devices will become an important part of that aspect of your services?
TotalProtect – Yes. As home automation grows, so will the need for related services like installation and repair – not just for the connected home devices, but for the appliances and systems monitored by those devices. We will be there to provide those services.
We at HomeWarrantyReviews.com would like to thank Cross Country Home Services and TotalProtect for the kind invitation and for sharing with our readers. Readers who would like to know more about available Nest Protect offers can visit totalprotect.com/nest for more information.
To know more about Total Protect service plans and to get a free quote, please check out Total Protect’s listing on our website.
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!
The joys of home ownership and delight of self-sustenance comes hand in hand with maintenance anxiety and budgetary concerns. Let’s look at how to lighten the load and delegate some of the upkeep and repairs with the help of a home warranty plan or a home service contract!
Working towards keeping your home new, resolved and looked after always, Home Warranty is your one stop shop for all your servicing needs when it comes to your home – and all that without any unnecessary worry. Taking care of all issues when it comes to day to day wear and tear or appliance breakdowns, Home Warranty is like a homeowner’s insurance policy, but for the little things and routine aging of your home appliances and systems, which can be done by getting a free quote from HomeWarrantyReviews.com’s website. On the other hand, insurance tends to focus on major damage because of unforeseen circumstances and natural disasters.
If you’re diving into the deep end of the Home Warranty pool for the first time, here is some basic information to guide you through the process and keep you afloat.
Investing in a Home Warranty scheme can work out great whether you are a new homeowner, a seller looking to strike a no-nonsense deal, or even a realtor offering a perk to both parties.
From a homeowner point of view the incentives are straightforward. You have just sunk in a considerably large sum of money into a house, and for just a little more you can save yourself needless hassle and sudden repair and maintenance payments for at least the first year of owning the home. If you happen to be new to the home owning side of the fence, and have always lived as a tenant, then getting a Home Warranty works out even better – all the fixing the landlords usually took care off will still not be yours to worry about.
From a seller’s perspective, Home Warranty boosts the value of the home, builds trust in the prospective buyers that the current owner has confidence in the structure and appliances enough to invest in Home Warranty, allows for the buyer to know that a year in their lives after the purchase if taken care of and last but definitely not the least, lets you sleep peacefully at night knowing that you won’t be getting calls in a few months with complaints about the home.
Confused as to why Home Warranty can be a realtor’s best friend as well? In the time of market lows and steep competition, a Home Warranty scheme added to your list of services can act as quite the spur. Encouraging for both sellers and buyers, throw in a year’s warranty to the upcoming purchase and it shows not only your commitment to the deal but also your trust in the home they are about to call their own!
Depending on the plan you choose, which in turn will depend on the extent to which your home needs upkeep and you wish to delegate, Home Warranty plans generally cover all the major plumbing, heating, cooling and electrical systems, major appliances like refrigerators, dishwashers, and ovens, amongst other things. The core plan may vary to include leakage and seepage, structural defects, drainage systems and outdoor mechanisms, pools and garages, but most companies prefer to keep these as additional maintenance factors.
Most companies also allow for unlimited service requests during the contract period, which can act as a great incentive when it comes to investing in warranty schemes, as well as replacements of appliances that cannot be fixed.
Most often, all known issues with appliances or systems that pre-date the purchase of the warranty are not covered by the company, and neither are unknown conditions that are due to mismanagement in the past.
That being said, certain unique cases are taken into account where in pre-dating issues are considered, but only if they were not known off before. The most common of these is when a Home Warranty scheme is purchased as a part of a real estate deal, wherein the coverage is extended to include circumstances where unobservable defects already existed in the home that was purchased.
Adding to that, when an appliance is already under warranty from the manufacturer or requires fixing of cosmetic damage or damage that is not related to its core functioning, then too the appliance will not be applicable for coverage. The most common example of such a claim is physical weathering, noise, and corrosion on the outside.
If you don’t treat your appliances right by the rules, or have a pet that could cause accidents, then any such damage will not be taken into account. As an extension, the Home Warranty does not overlap in function with insurance, so any acts of God such a fires and floods will not be covered either.
Lastly, any damage due to mold or pests are usually left out of Home Warranty terms and conditions as well, but some companies do tend to add it in their extended schemes. Knowing your scheme is important, and while we have covered the generalities, make sure you look through the terms, conditions and limitations of your schemes before you sign the papers.
Even though it isn’t a necessity to have a professional home inspection done before you get yourself Home Warranty, it is never a bad idea to get your new home checked for quirks and components that may need a little extra care along the way. In the opinion of most experts, getting a thorough home inspection done before the purchase can tell you all you need to know about the property, and get you up to speed about the kind of warranty scheme and coverage you should invest in. It is important for you to have an idea of the proceedings of an inspection as well, and not miss the essentials.
Just as a general rule, a warranty should cover appliances regardless of how new or old they are, as long as they are properly maintained and are in working condition when the contract begins.
Even though Home Warranty is about giving up responsibility and being able to delegate, it is just as useful for those of you who like to choose and have some control over who does the fixing.
Whether you’ve had a trusted repairman for years and prefer to call him when in need, or would rather make a quick call and call the service company down the road instead of waiting for the warranty service provider, all companies provide schemes that reimburse servicing charges as long as it falls under the terms and conditions of your specific coverage.
It is essential that you inform your Home Warranty company prior to calling for any repair, as failing to do so automatically nullifies your warranty. The first step is for you to thoroughly review your coverage and understand the repair, servicing and replacements limitations that going to be applied to the issue at hand. One you have identified the issue and gotten clear on the specifications, report the issue to the company, and they will call for a diagnosis and an estimate cost of the repairs.
The company will schedule an appointment, come and cross check the claim, and do some basic examining before calling for either replacement or repair. Simple repairs are easily tackled in the first appointment itself, but if the task at hand is complicated and requires further attention, it may take some time for spare parts to be ordered. Some companies choose to use service providers from their own list, whereas others may work with you to find one that is trustworthy and reputable.
Most often, you can decide whether your warranty scheme has an upper limit cap on expenses by picking the right deal for your needs. While schemes with unlimited spending when it comes to repairs and servicing can be enticing, they do often cost a lot. On the other hand, certain companies may choose to meet you halfway and not have a pre-set limit but yet reserve the right to decide, depending upon on each case that you bring them.
Most Home Warranties last for exactly one year from the date of payment, after which it requires an extension – the same as any legal lease. Extended plans for more than a year at a time do exist, but it isn’t the best plan to make such a long-term investment right at the first go. Your home and its systems will change and age as each year goes by, and often the premium on your warranty will increase as the appliances need more maintenance. It is best to take it one year at a time and give yourself the freedom to alter the plan when need be, unless the warranty you are purchasing is for a home that is new or nearly new.
All Home Warranties are easily renewable – most companies allow not only for quick and speedy renewal of schemes but also help you set up payment plans as per your convenience. Certain companies do have strict termination clauses though, which can be rather annoying if you wish to take a step back. The clause usually applies for cancellation or termination before a certain period, so make sure you keep your eye open for such sections in the terms and conditions before you sign! Last but not the least, laws change from state to state, so make sure to just information specific to your zip code.
The best way to find the perfect deal or company for you, know what to look out for, get to know the tricks of the trade and make the absolute most out of your warranty is to throw yourself into reviews and remarks from other Home Warranty users. Based on consumer research and a rating system that gives you both subjective information as well as statistics, HomeWarrantyReviews.com acts as a platform for all homeowners to share secrets on how to survive the complex world of being homemakers, and also provides for a systematic Complaint Resolution Program (CRP). It isn’t only about finding reviews; you can add to the data by leaving your own comments on the website as well – HomeWarrantyReviews.com acts as a bridge between you and the company without you having to get your hands dirty.
As a landlord, legal responsibility is a bigger issue for you. You need to guard yourself against the losses that can potentially crop up to your properties and in general financial health. What if your occupant is hurt on the rental possessions? You want to be sure that if you are prosecuted, you have the adequate insurance to lend you a hand.
As a landlord, you should guard your income stream and that’s your rental income. If the structure is adequately spoiled then it is not possible for the renter to dwell in your property, so you require a protection to your rental income so as to meet your obligations, together with the mortgage on the property, if any. This is where you have to reflect carefully on what your exact needs are and purchase the right coverage.
Take heart! While it may sound scary, insurers have previously designed policies for the landlord’s requirements. Always remember that there will be a dissimilarity in these policies, so you will have to verify the fine print and choose the one that suits your situation. By shopping around, you will get a better idea of what is obtainable in coverage and at what price.
There are some forms of insurance you can take to make your life simpler and less of a burden. Here is a list of essential insurances that a landlord must have:
Landlords most likely take issue with this one, as it appears to take money out of their pockets-especially those with the ability to do repair work themselves. However, you can draw a better class of tenant if they recognize that there’s a warranty in place. (i.e., they won’t have to hunt you down and request you to come by to make repairs). Besides, it will free you up to truly manage your belongings as an owner rather than just a handyman. To end with, a home warranty policy will pay for itself with one or two repairs.
To get an estimate of home warranty costs for your rental properties, visit our home warranty price quote section
If you possess a home then you likely know the significance of ensuring that it is properly protected. Having the correct insurance for your property is a good step towards making sure that you have the guard you require. Landlord house insurance is essential for anyone who possesses a home. The key to home insurance policies is ensuring that you receive the best price for your insurance.
Below is a list of ways by which you can decrease the rate of your insurance policy.
Many landlords believe that they do not require any insurance for the contents in their buildings. They hold the impression that these contents are taken care of by the building insurance they procured. However, that is not the actual case. To get the contents covered, they will have to spend extra in landlords’ contents insurance. Some landlords even feel that the contents will be covered by any insurance policy the tenant holds. But the actual fact is that the policies bought by the tenants will only cover possessions of the tenants and not that of the landlord.
If the landlords truly worry about the contents for which they put in a huge amount of money, they must procure landlords contents insurance. In this way, they can expect to get some reimbursement for the items in case they are damaged. Having no insurance for these items will leave them totally destructed if they face any incident causing damages.
It’s called “umbrella insurance as it is intended to give liability protection beyond when the liability on other policies has been exhausted. Depending on the insurance company, you can obtain an umbrella policy with an extra one to five million in liability protection.
Umbrella Insurance gives an added layer of liability coverage. It’s isn’t just for rich and famous. Whether it’s an incident on your policy or a serious auto accident concerning costly medical bills, you can find yourself liable for damages that exceed the limits on your homeowners, auto or boat policies. A pricey judgment is the last thing you want to be anxious about.
Landlords habitually handle different types of policies, but one of the most significant and frequently unnoticed types of insurance is the umbrella insurance policy.
Consider these factors if you are not sure if you would benefit from procuring umbrella insurance or not.
Taking no notice of these insurance policies is not recommended anytime. The consequence of such ignorance could lead to serious losses that will be hard to recover. On the contrary, landlords are strongly suggested to make an investment in such policies that will save them a lot of money in case of any accidents.
Home appliances shut down from time to time. The amount spend on fixing the same is often very high and you cannot hide the elation you feel when you get them fixed at a very low rate. Delta Home Protect was one such home warranty company that protects your home system and appliances from unexpected breakdowns with flexible plans and low premiers.
However, over the past two months the number of complaints against the company have spiked up a lot and it is to be brought to your notice that the company has been dysfunctional for the past two months or so. Company’s website is not functional anymore and the phone calls to the number given have become non-responsive. The social media sites of Delta Home Protect have also been shut for the past two months or so.
HomeWarrantyReviews.com has already given you a warning about the same. But this does not mean that they are out of the business altogether. The site has been shut for a while stating the need for maintenance.
This surely has caused an inconvenience for all the customers who have taken premier policies with the company. How much ever atrocious this seems like, there have been similar incidents that happened in the past. There are a bunch of few other home warranty companies that have been shut down along the way. Do keep a track on the companies that have fallen out of business before committing to their promises.
If you are an existing customer of Delta Home Product, it is natural to feel the disappointment when you have invested the money and are not delivered with the results that were promised to you. However, do not lose hope completely. If you are a customer of Delta Home Protect, you can try the following options to recover from the situation.
If you have read through the article, you would surely have got the idea that not all home warranty companies keep the promises that they have made. Hence it is very important that you are fully aware as to what is happening around you and how reliable is the company that you are looking for. It is essential that you pick up your company intelligently and do not jump into any quick decisions that might get you into a financial loss.
It is very common for anyone to wonder if it is worth getting a home warranty. A home maintenance calculator helps you find this out. It gives you an approximate amount that you would have to spend on your home appliances. Thus, this would help you resolve the mental dilemma of deciding if a home warranty is profitable for you or not.
HomeWarrantyReviews.com is a website that provides you with reviews about the different home warranty companies. You can visit the website and see for yourself which are the home warranty companies that are reliable and which are the ones that cannot be done. This would help you to choose your home warranty company intelligently and would save you from unpredictable problems that might happen in the future.
Therefore, always make sure that you do a thorough research about the home warranty company before you opt for it. Choose intelligently so that you can avoid any unpredictable problems in the future. Go through the home warranty reviews or BBB ratings before you make a decision.
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.
The Illinois department of insurance issued a warning earlier this year to its residents to avoid a Florida based home warranty company Arkidus Home Protection, Inc. Arkidus had been unlawfully advertising home warranty services via the internet to residents of Illinois and in many cases there were documented incidents of these consumers who purchased a warranty not receiving the services promised to them.
The company and its owner, Reinaldo “Ray” Berges has previously been served with a cease and desist order by the Illinois Department of insurance, but continued offering service coverage for household appliances and major system components. The company had its headquarters in Miami though more recent reports suggest that office has been closed for many months.
The company has not been granted any certificate of authority to sell insurance or home warranties to the consumers in the state of Illinois, thus the cease and desist order from that state was issued. This unfortunately may not help recover the money lost by the Illinois consumers who purchased home warranties, also referred to as residential service contracts or home service contracts.
According to the Better Business Bureau (BBB), The consumers have launched over 245 complaints against the company in last three years. BBB indicates in its report that Arkidus conducted its business through a website, www.theahp.net.
BBB is a non- profit organization more than a 100 years old functioning in U.S and Canada. It collects and provides free business reliability reviews on over 4 million businesses. The BBB plays the role of an intermediary between businesses and consumers. Though it is not mandatory for any firm to get accreditation from BBB such accreditation is sought by some companies in order to build faith in their business. Arkidus is not accredited by BBB and thus the amount of involvement BBB may have had with Arkidus’s customers would have been limited to collecting and documenting complaints and then reporting complaints to the company. For further recourse consumers who have complaints against Arkidus would likely need legal representation or assistance from consumer protection entities.
According to publicly available information Illinois’s Department of insurance has also received many complaints from customers of Arkidus who allege they have been tricked by that company and were unable to obtain reimbursements for their claims or their canceled contracts.
The complaints from consumers are also publicly available on various websites. One such complaint posted online was from Jose. E who is a resident of Florida. In his post he said, “This Company is a scam. I started service with them in May, and they will not honor their policy. I keep getting calls from companies that were dispatched by them. I needed a plumber and an electrician, and both have been harassing me with the remainder of their bill, even though I paid my deductible. Do not purchase anything from this company, they are frauds.”
Arkidus appears to have ceased doing business but for a time the company was successful persuading customers to pay long term contract fees, in some cases for terms of two years or more. These customers spent thousands of dollars in some cases, all of which they now face losing forever. If significant legal action isn’t taken against the owner of the company it is unlikely that consumers will receive any reimbursement and this whole story will end sadly. Hence we warn our readers to be cautious about choosing home warranty companies with very little business history, no matter how positive the early reviews of the company may be.
If you suspect you are dealing with the wrong people already or believe you too have been scammed do not delay making a formal report to the appropriate agency or agencies. Both at the state and national level in the U.S. there are free and fast ways to make your voice heard when you feel you’ve been misled by a business or been the victim of a scam. The important thing is to act quickly and not give up if you feel your complaint is being documented but not being acted upon.
2-10 Home Buyers Warranty is in the process of launching Green Advantage Warranty as part of protection assurance programs for new and upcoming green building initiatives.
The 2-10 home appliance warranty company offers Green Advantage Warranty to builders who meet eco-friendly standards. Builders need to build homes that fulfill the requisites of Energy Star, National Green Building Standard (NGBS), or Leadership in Energy and Environmental Design (LEED) standards.
Green Advantage Warranty includes repairs and replacement of Energy Star certified products and appliances. Coverage includes the replacement of green labeled items, engineered wood products, sustainably harvest lumber, low or no emission finishes and recycled products with accordance of applicable national certification standard.
Scott Cromie, Chairman and Chief Executive officer states that “With one in four homes now certified by green building standards, it is clear that home buyers want a more eco-friendly home, and that offering warranty protection that targets these values offers builders a clear competitive edge,” and also reports “Our new Green Advantage Warranty represents 2-10 Home Buyers’s Warranty commitment to greener business practices, and celebrates the home builders and home buyers who want a greener home and lifestyle. We’re proud to offer a product that meets these standards, while continuing to provide the same leading, trusted protection our company stands behind.”
Builders interested in participating are encouraged to call 877.777.1344 for more information. You can register to 2-10 HBW Green Advantage Warranty, just by adding up a minimal additional fee over the existing standard rate. It is as simple as checking a box next to the certification standard on 2-10 HBW’s Home Enrollment Application.
Green Advantage Warranty is an added policy to the company’s existing home warranty package, including one, two and ten years of coverage offering for new construction home builders. Company’s 10 years warranty covers structural warranty defect. Under the policy of 1-2-10 warranty one year of surety coverage of workmanship and materials. Two years of warranty also covers on systems.
About the company
2-10 Home Buyers Warranty® is in market for more than 30 years, now the company has offered customers and their homeowners the most comprehensive warranty program available. Whether you’re building, selling or buying a home, 2-10 Home Buyers Warranty offers a complete line of warranty, service contracts and risk management products. Since 1980, 2-10 Home Buyers Warranty has provided warranties and service contracts for more than 5.5 million new and pre-owned homes.
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!
No human need is greater than a home to live in. While not all of us can afford to buy our dream houses, there are people who are not even sure buying is a good idea. The decision between buying and renting is one that has reduced many a strong willed man to tears.
As folks who work closely with homeowners, we have, over the years gathered knowledge about handling such dilemmas. So we thought we’d write an article to help those faced with the doubt that has plagued many of us – Should I buy a house or should I rent one?
We know that it is not a silly decision. So here are some points you should give thought to before you lean towards one decision.
This is something that should be considered before anything else. If you are in that city for an assignment or for a short duration, buying a house may not seem like a sensible option. If you plan to settle there permanently, looking into buying will be wise. Rent is often considered by many as dead money. That money never comes back or turns into an investment. So, give due thought to how long you plan to stay in an area and put that down on your list of things to consider.
Does your bank balance match that of Arab Royals’? You could buy a mansion in that case. Is your balance the typical American average? Well, you could maybe buy a house with some aid from loans then. But if you don’t have enough for a down payment, don’t even think about taking loans from several lenders to buy a house. Also, if you have no source of income, loans will never even be an option.
If you plan to buy a house, redecorate and sell (which is an expensive but rewarding business idea), you could probably look into some options for buying. If you are just looking for accommodation, renting an affordable place might seem sensible.
Believe us when we say this, some folks steer clear of the idea of renting because they are worried that the landlord might be a nightmare. However, don’t let this be the reason that deters from renting. Having a home of your own is indeed a satisfying feel but there is no reason why you should feel small because you stay in a rented house. For many, renting may make more sense financially than buying a home.
Buying a house does have formidable benefits. Here are some of them-
Like everything has two sides, owning a home too has a trying side. Let’s take a look at some common disadvantages of owning a house-
Well, since it’s better suited for the not so well off, financially, renting offers many advantages over buying. Let’s take a look at some of them –
Often called as a dead investment by many, renting comes with its set of heartbreaking disadvantages. Here are some of them-
We can’t decide for you, but we can urge you to strongly consider every aspect before you make a choice. Owning a home is indeed a wonderful experience that is unmatched. If you are already a homeowner and if you are thinking about buying an additional house, we would recommend that you look into easy home maintenance tips & cleaning hacks. You may also want to compare top home warranty companies to ensure that your budget stays protected.
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.
If you are shopping for a home warranty, also called a home service contract, and you live in Florida then you probably know you have lots of options. But how do i find the best home warranty companies in Florida? What are the top rated companies in this state? These are valid questions. Let’s get down to answering them.
Florida is often called the sunshine state, and this is justified by the weather there. Orlando, one of the most popular vacation destinations in the U.S., typically still sees high temperatures near 80 degrees Fahrenheit in November, according to weather website, Intellicast.com. Warm climates like that can really push air conditioning systems to the limit of the systems’ optimal performance standards.
Running the A/C year round results in much greater wear and tear and more frequent maintenance requirements. What does this have to do with choosing a home warranty company? Well, if your home is located in one of the warmer parts of Florida then your air conditioner may be one of the most expensive pieces of equipment covered by your service contract. So it’s important to choose the company that offers you the best coverage for that system.
HomeWarrantyReviews.com ranks companies based on user feedback. And that’s important because it means you’re getting honest evaluations rather than biased ones based on how much the home warranty company pays to the reviewer. In the state of Florida here is the list of top companies based on the current standings on the website at the time this article was written (September 2015).
Chances are you’ve considered some of these companies during your search for a home warranty company. As top companies in the home warranty industry these are names that you’ll see in many states and regions in the country. But yours isn’t just any state. If it was it wouldn’t be a magnet for retirees, beach goers and vacationers of all ages, would it? As a Florida homeowner you need to know that the company you choose will come through for you when the temperature inside your home is equal to the temp outside. Let’s focus on air conditioning for a moment.
AHS has loads of positive feedback in their recent reviews, but two in particular stand out. During the month of September two customers rated AHS five stars for air conditioner repairs. One customer remarked that when AHS found that all of its contractors were booked to help other customers the company told the homeowner to call any local contractor who could do the work on short notice. That sort of customer service could possibly mean the difference between your air conditioner being fixed quickly or waiting days for a qualified technician to be available.
HSC also has some very positive review comments and ratings from consumers who specifically mentioned the air conditioner as the reason for the service call. In one review the homeowner remarked that the repair to the air conditioner would have cost a fortune if not for the service contract from HSC. While this may seem like anecdotal feedback, it’s important to note that not all companies reviewed on HomeWarrantyReviews.com have positive feedback from customers who had problems with air conditioning systems.
This company has some very positive reviews from customers whose air conditioners were serviced recently. Not one of the recent air conditioning related reviews had less than five star ratings.
In recent reviews for HSA Home Warranty there are three extremely positive reviews involving air conditioning system repairs. The customers not only were happy with the repairs but also with the speed with which the repair technicians were sent out by the home warranty company. With air conditioning being so important, the time it takes to get a technician to the home is one of the most important aspects of home warranty services.
Out of six recent reviews which specifically mention the air conditioner being the reason for the service call, five of those are extremely positive. The one dissatisfied customer was upset due to a problem with the expiration and renewal period of the home warranty.
HWA has six recent reviews that involved air conditioning. While it’s possible that even more of the reviews involve air conditioner issues, we will focus on these six. Five of the six reviews were highly positive, all earning the maximum number of stars from the reviewers. The one unhappy customer was a landlord who felt the technician sent by HWA did not make the correct judgement regarding the problem with the air conditioning system problem.
It’s not coincidence that these first three companies have overall high ratings from customers in your state and in other states. And though the companies deserve credit for the satisfied customers it’s important to note that the contractors they work with are also a big part of those good customer experiences. That leads us to the next point to consider. What type of contractor coverage do these companies have in your area?
If you live in a densely populated part of Florida then chances are any of these top rated companies will have sufficient contractor coverage to cover any repair needs that arise in your home. But if you live in a more rural part of Florida you’ll want to keep in mind that each contractor network is different. Be sure to ask about the local contractor coverage when you speak with a company about a home warranty price and coverage quote. And also be sure to ask if the company will allow you to choose your own contractor in the event the company’s network contractors are unavailable to help you or don’t have the right skill set to fix whatever is broken.
The good news is you live in a state with lots of great companies to offer you a home warranty. The bad news is you may have a hard time choosing a company due to all the options available. If that should happen then be sure to come back here to read the most current reviews for each company you are considering.