Coldwell Banker Premier Realty Blog

A Simplified Take on Home Warranties

Coldwell Banker Premier Realty (CBPR) recently met with American Home Shield to help provide our readers with a general understa
Posted: June 30, 2015 by Jesse Olive

Coldwell Banker Premier Realty (CBPR) recently met with American Home Shield to help provide our readers with a general understanding of home warranties. Home warranties, from a simplified view, protect homeowners from appliance, HVAC, and plumbing failure. This form of insurance can help protect homeowners from those sudden high-cost breakdowns of your washer and dryer, ductwork, and even electrical issues.
Finding your own contractor, let alone a reliable one that will get the job done within a reasonable timeframe, is difficult and expensive. The more dire the situation, toilets flooding and electrical failures, the quicker you need someone at your home fixing the issue. 
This limited set of options oftentimes is astronomically expensive.  Anyone who’s had a plumbing issue and had to privately find and call a contractor knows how expensive the process is. What home warranties do is help by taking the search for solid contractors off your plate, as well as shield you from paying enormous sums of money due to the immediacy of the fix. 
Another important facet to remember when it comes to home warranty insurance is the incentive as a seller. CBPR strongly advocates for seller’s to consider buying a home warranty package as a buying incentive. When asked about the subject, every CBPR agent asked agreed that the benefit and message a warranty sends will push interest in purchase far higher. As a seller this demonstrates good faith once you move out and an unexpected perk for potential buyers. 
As a current owner the necessity stands with how expensive contracting work is, particularly with the short timeframe in which labor is required. American Home Shield guarantees a contractor at your home within 24 hours of your claim- it is imperative especially with plumbing issues that issues are dealt with as soon as possible in order to avoid complications and further damage from the initial problem. 
For further information on home warranties available and what is covered in each call Stephanie Ellis at 702-285-2311.

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