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Topic: Home Warranty Companies

User: SBuck, Location: Fl

Asked on: Tuesday, April 19, 2011 at 7:28 am EDT
Answered on: Tuesday, May 14, 2024 at 4:22 am EDT

Question: Has anyone worked with any home warranty companies? If you have what have your experiences been like? Do they pay in a timely fashion? I am looking into signing up as a contractor with some of them, any input would be appreciated.

Experiences as a Homeowner Positive

Timely and prompt payment for covered repairs Quick and efficient claims processing Covered a wide range of repairs (e.g., HVAC, plumbing, electrical)

Negative

Deductibles and service fees can be high Limited coverage for certain appliances or systems May take time to find a qualified contractor

Experiences as a Contractor
Positive

Stable source of revenue from recurring payments Opportunity to build relationships with homeowners and other contractors Access to claims data and training

Negative

Payment can be slow in some cases May be required to provide discounts to homeowners Can limit the ability to set your own rates

Recommendations for Signing Up as a Contractor
Research the companies thoroughly

Read online reviews and ask for referrals from other contractors.


Negotiate payment terms

Ensure that the payment schedule and reimbursement rates are fair.

Understand your obligations

Familiarize yourself with the company's policies, procedures, and quality standards.


Be responsive to homeowners

Promptly return calls, schedule appointments, and complete repairs efficiently.

Maintain documentation

Keep records of all work performed and any correspondence with the company.

Specific Companies


Here are some feedback on specific home warranty companies:
American Home Shield

Generally positive reviews, with timely payment and a wide range of coverage.

Select Home Warranty

Mixed reviews, with some complaints about slow payment and limited coverage.


Old Republic Home Protection

Highly rated for customer service and prompt payment.

First American Home Warranty

Positive feedback for quick claims processing and responsive customer support.


Liberty Home Guard:
Some complaints about slow payment and coverage limitations.Ultimately, the best home warranty company for you depends on your individual needs and preferences. It's important to compare coverage, costs, and customer reviews before making a decision. Flag for review

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