- 26,081
Are these offered by P&C agents?
A client called asking me to review a Home Warranty of America brochure.
Not my lane.
A client called asking me to review a Home Warranty of America brochure.
Not my lane.
Are Home Warranties P&C products?
- Thread starter WinoBlues
- Start date
- 2,797
They are service contracts, not insurance.
If you want to be minimally helpful you can refer her to the Yelp customer reviews of Home Warranty of America.
HOME WARRANTY OF AMERICA - 34 Photos & 1019 Reviews - Buffalo Grove, Illinois - Home & Rental Insurance - Phone Number - Yelp
1019 reviews and all but a handful are extremely negative. It screams "stay away, stay away."
If you want to be minimally helpful you can refer her to the Yelp customer reviews of Home Warranty of America.
HOME WARRANTY OF AMERICA - 34 Photos & 1019 Reviews - Buffalo Grove, Illinois - Home & Rental Insurance - Phone Number - Yelp
1019 reviews and all but a handful are extremely negative. It screams "stay away, stay away."
- Thread starter
- #3
- 26,081
Thanks.
One of the things that stood out was the $5,000 max. That isn't going to cover a third of HVAC.
Thanks again
- 10,806
Car warranties are the same classification. Shady business if you ask me. Ive seen the inner workings. I doubt most people get a whole lot out of them.
- 2,301
My former boss had a home warranty and called for a/c repair. A refrigerant line was cracked and the company rep soldered the crack, refilled freon, and left. Boss paid around $300 for the service call. 2 weeks later another crack, another repair, another paid service call. He asked why the line wasn't replaced and was told they would repair it over and over before it would be replaced along with the paid service call. Did not take long to figure that the home warranty would cost far more than a competent REAL repair
Janet Fowler
New Member
- 2
They are service contacts yes but, P & C Agents write them. I wrote with Armadillo when I was with AAA. They have a great platform and are easy to write and they actually cover wear & tear on the policy. Three levels of coverage to pick from and I think they have a 10k & 25k max per year. Hope that helps
- Thread starter
- #7
- 26,081
Thanks, she is concerned about the big stuff such as Roof and HVAC on her old house. She can handle small repairs and deductibles.
- 2,797
Refer her to resources that review home service contracts/warrantees. They will say who the better ones are and then she can drill down to Yelp reviews of individual companies.
home warranty reviews at DuckDuckGo
home warranty reviews at DuckDuckGo
- 5,497
Simple answer, no it's not.
- 1,506
No - Also if you are selling warranties in your agencies thinking they are, check your E&O language, might not, probably does not fall within the definition of Professional services.
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