Home Warranty Policy or Residential Service Contract provides coverage on
plumbing and electrical systems, water heater, dishwasher, garbage disposal,
microwave, range /oven/ cooktop, trash compactor, heating and air condition
systems for a year and is renewable. Optional coverage is available for pools,
spas, refrigerator, garage openers, washer, dryer, and termite treatment for
additional fees. A seller can obtain coverage from the date of listing for a
nominal amount over the basic cost of approximately $360. This would cover
"last minute breakages" during the selling period. Upon calling the policy center,
a technician is assigned, who sets up an appointment to repair the item.
The cost is $35 to $40 per service call regardless of the repair. |