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  • Casual Articles - Home Warranties - Are They Worth the Money?

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    ey determine that you (or anyone) has tampered with or tried to fix the problem, they will usually deny the coverage.

    If the representative determines that you have a valid claim, the repairs will be made...minus your deductible! This amoun

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    Home Warranties! What do they cover...and what don't they cover for your new Nashville home?

    In preparing your purchase contract, I always ask the seller to provide a home warranty for you. And most of the time they agree. But exactly what is a home warranty and what does it cover?

    Basically, it's an insurance policy. I've seen home warranty companies put in a whole new HVAC system without question...but, I've also seen them deny a tiny claim that I felt should have been covered.

    The procedure is this: In the event of a problem with any covered item, you will call the toll free number that you were given at closing. This will file your claim. The warranty company will then send out their chosen representative (repairman). And, just like health insurance...sometimes the issue is considered to be a pre-existing condition, which will most likely not be covered. Never attempt to repair anything yourself! This will void your claim. If they determine that you (or anyone) has tampered with or tried to fix the problem, they will usually deny the coverage.

    If the representative determines that you have a valid claim, the repairs will be made...minus your deductible! This amount

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    ctly what is a home warranty and what does it cover?

    Basically, it's an insurance policy. I've seen home warranty companies put in a whole new HVAC system without question...but, I've also seen them deny a tiny claim that I felt should have been covered.

    The procedure is this: In the event of a problem with any covered item, you will call the toll free number that you were given at closing. This will file your claim. The warranty company will then send out their chosen representative (repairman). And, just like health insurance...sometimes the issue is considered to be a pre-existing condition, which will most likely not be covered. Never attempt to repair anything yourself! This will void your claim. If they determine that you (or anyone) has tampered with or tried to fix the problem, they will usually deny the coverage.

    If the representative determines that you have a valid claim, the repairs will be made...minus your deductible! This amoun

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    been covered.

    The procedure is this: In the event of a problem with any covered item, you will call the toll free number that you were given at closing. This will file your claim. The warranty company will then send out their chosen representative (repairman). And, just like health insurance...sometimes the issue is considered to be a pre-existing condition, which will most likely not be covered. Never attempt to repair anything yourself! This will void your claim. If they determine that you (or anyone) has tampered with or tried to fix the problem, they will usually deny the coverage.

    If the representative determines that you have a valid claim, the repairs will be made...minus your deductible! This amoun

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    If the representative determines that you have a valid claim, the repairs will be made...minus your deductible! This amoun

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    ey determine that you (or anyone) has tampered with or tried to fix the problem, they will usually deny the coverage.

    If the representative determines that you have a valid claim, the repairs will be made...minus your deductible! This amount varies according to the policy. Deductibles are usually in the $50-$75 range.

    This is the available coverage for Nashville real estate. Other areas of the country may have different coverages available...with different prices.

    Most warranties cover these basic items:

    • Electrical System
    • Plumbing System
    • Heating/Air Condition System
    • Telephone Wiring
    • Whirlpool Bath Motor and Pump
    • Dishwasher
    • Kitchen Refrigerator
    • Water Heater
    • Ceiling Fans
    • Toilet Tanks and Bowls
    • Attic and Exhaust Fans
    • Ductwork
    • Oven/Range/Cooktop
    • Circulating Pumps
    • Instant Hot Water Dispenser
    • Sump Pumps

    First Class Upgrades are usually available:

    • Faucets
    • Shower Heads
    • Heating Registers and Grills
    • Window A/C Units
    • Smoke Detectors
    • Garage Door Openers
    • Refrigerator Ice Maker
    • Disposal of Freon
    • Pools and Spa Equipment
    • Washer and Dry

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