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Beware of Home Warranty Companies!

January 20, 2012 Personal Finance news in Annapolis,Maryland, United States of America

Most Home Warranty Companies have great websites expounding on their great services! The old addage, "buyer beware!" should be applied to your choice of a Home Warranty Company based on my experience




FOR IMMEDIATE RELEASE
Annapolis, Maryland, United States of America (Free-Press-Release.com) January 20, 2012 --

Home Warranty Companies are not like cars! There is no kicking the tires, no test drive! It is rather, read the small print and "buyer beware"! There are several things you can do to make sure your get a quality company. First, ask around, see if any of your friends have a home warranty company. If yes, have they used the company and how was the service? If they haven't used the service it doesn't qualify as a referral. It's like asking someone who bought a new car, had the dealer put it in their garage, and then you ask them, "how do you like your new car?" How would they know, they haven't driven it yet! You won't know until it is "make a claim time" and it is often to late!

The second way to protect yourself is to ask your morgage lender if they have a Home Warranty Company they deal with or can recommend. Remember they also own the house and want proper upkeep of the sysytems in the house. More and more lenders are offering Home Warranty coverage through a third party company. SunTrust has a TotalProtect Gold Home Service Plan, provided by HomeSure Services, Inc. Surely SunTrust has done some research before offering such a program as to the capabiliites and intergraty of HomeSure Services, Inc.

The third way to protect yourself is to understand how the Home Warranty Comapny is structured and in what state is it incorprated. For example, if you purchase a Home Choice Household Service Plan, Miramar, FL the company obligated under the Agreement, is International Warranty Administration Services, Inc., (IWASI), 1993 Dewar Dr, Rock Springs, WY, and was formed in the State of Delware. Should you have an issue who do you resolve it with?

A must for any consideration of a Home Warranty Service is 24/7 availability. If you can not reach the claims department at any and all times to initaite service, do not hire them. TotalProtect Gold Home Service Plan, provided by HomeSure Services, Inc. has 27/7 coverage. Home Choice Household Service Plan, Miramar FL has no weekend coverage. Murphy's Law- when it breaks it will be on a weekend! Good warranty hunting!


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Contact Information

  • Name: Thomas R. Lengle

    Company: Palisades Street Townhouse

    Email: ***@hotmail.com


  • About the author

    Independent editorial writer and REIT owner.

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