Benefits of a Home Warranty
Overview
With the hefty cost of repairing or replacing major appliances and systems such as air conditioning, heating, plumbing and electrical, an HMS Home Warranty provides protection and peace of mind.
Benefits for the Seller
· Customers make their home a preferred home. Eight out of ten buyers prefer to buy a home covered by a home warranty plan. (Source: Gallup Poll)
· Attract more first-time home buyers. Provide peace of mind for buyers who might be intimidated by the high cost of repairing or replacing systems or appliances.
· Customers leverage their HMS Home Warranty. Their homes stand out from other listings.
· Helps avoid closing delays. An HMS Home Warranty can minimize the chance that an equipment or system failure could delay closing.
· Free coverage during listing*. In most states, payment is due at closing.
· No post-sale worries. If a breakdown happens after closing, the buyer will turn to the HMS Home Warranty.
· Industry-leading workmanship guarantee
Benefits for the Buyer
· Save money and protect their budget. Rather than paying hundreds or thousands of dollars to repair or replace an appliance or home system, homeowners pay a standard deductible per service call, per trade, on covered components.**
· Comprehensive protection. HMS will repair or replace covered systems and appliances no matter the age, make or model. Plus, there are no home square footage restrictions and no inspection required.
· Convenient and easy claims process. We're available 24/7/365. Homeowners can place a claim by calling our toll-free number or by submit a claim online and be assigned a qualified service provider in their area.
· Unlimited service. Homeowners can call HMS for as many appliance and system repairs as needed.*
· Save with Appliance Buyline. Even if items in their homes are running great, they may decide to remodel or upgrade. They can take advantage of this buying power and get discounts off brand name appliances.
· Industry–leading workmanship guarantee. Covered repairs are guaranteed for 180 days.
· Easily renew warranty. The homeowner can enjoy the protection of an HMS Home Warranty Plan for as long as they own your home.***
*
As governed by state law
** See terms, conditions and limitations in your contract. Non-covered charges
may apply to certain repairs or replacements.
*** Eligibility subject to underwriting criteria
The chart below shows the estimated range of retail costs for common repairs and replacements. With an HMS Home Warranty, the customer only pays a low deductible toward covered repairs, which is typically less than the cost of a service call fee.*
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