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