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Association Issues List of Frequent Questions and Answers About Home Warranties.


BURBANK, Calif.--(BUSINESS WIRE)--Nov. 4, 1998--With home warranty A Home warranty is an insurance contract that covers the repair and replacement costs of home appliances. The warranty generally covers equipment and appliances such as dishwashers, plumbing systems, electrical systems etc.  contract sales for existing homes in California having now been part of approximately eight out of every 10 home sales for three consecutive years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 Home Warranty Association of California (HWAC HWAC Hazardous Waste Action Coalition ) has issued a 10-point list of frequently asked questions and their answers to assist home buyers and sellers contemplating the purchase of a home warranty.

Ray Adams, president of HWAC, emphasized that consumers should understand what warranties cover and what they do not cover.

Adams advised home buyers and sellers to consider these 10 key questions and answers when purchasing a home warranty:

Q- Which components of the home will be covered by the warranty?

A- Typically, home warranties are one-year contracts that cover a

home's mechanical systems, including plumbing plumbing, piping systems inside buildings for water supply and sewage. The Romans had a highly developed plumbing system; water was brought to Rome by aqueducts and distributed to homes in lead pipes—hence the name plumbing from the Latin word plumbum , heating,

electrical, water heater and most built-in appliances. Structural

items are generally not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered. .

Q- Is additional coverage available?

A- Yes. Warranty coverage can be extended to cover pool or spa

equipment, air conditioner conditioner,
n 1. an additive substance used to increase the effectiveness of another substance.
2. a substance added to enamel that improves a sealant's ability to adhere.
 and well pump. Consult each warranty

company for details.

Q- How much is the fee for a service call?

A- Between $35 and $50.

Q- What are the total dollar limits on the warranty, and what are

the limits for individual items?

A- Generally there are no limits, except for certain items, such as

concrete-encased plumbing lines.

Q- Is the warranty company licensed by the California Department of

Insurance?

A- All member firms of HWAC are licensed.

Q- What hours is the customer service department available to answer

questions and process claims?

A- Usually 24 hours a day.

Q- Will licensed insured contractors be used to make repairs? How

long is the warranty on repairs or replacements?

A- All HWAC member warranty companies strive to use licensed,

insured contractors. Most contractors will guarantee their work,

and for a period of time following completion of work. In the

event a component is replaced, the manufacturer's warranty takes

effect.

Q- What is the typical turnaround time (1) In batch processing, the time it takes to receive finished reports after submission of documents or files for processing. In an online environment, turnaround time is the same as response time.  for a claim to be dispatched

and completed?

A- When a homeowner makes a claim during a normal business day, the

contractor is dispatched the same day. For emergencies at night,

weekends or holidays, most warranty companies offer emergency

service.

Q- Can the warranty be renewed at the end of the first year?

A- Usually the homeowner is offered a renewal subject to the policy

of the individual warranty company.

Q- In the event the homeowner is not satisfied with the work, is

there a consumer complaint department?

A- Yes. The Department of Insurance hotline. For its part, HWAC

monitors its member firms' adherence to a professional code of

ethics ethics, in philosophy, the study and evaluation of human conduct in the light of moral principles. Moral principles may be viewed either as the standard of conduct that individuals have constructed for themselves or as the body of obligations and duties that a , ensuring established standards of practice throughout the

industry.

HWAC member companies are responsible for about 98 percent of the home warranties written in California.

Member firms are American Home For the American mortgage lender, see .
The American Home is a center of intercultural exchange located in Vladimir, Russia. The home is designed to model a typical American suburban home and its main focus is the ESL school that provides lessons for Russian students.
 Shield Corp., Buyers Home Warranty Co., Continental Home Warranty Inc., Fidelity National Home Warranty Co., First American First American may refer to:
  • First American (comics), A superhero from America's Best Comics
  • First American, a division of the now-defunction Bank of Credit and Commerce International.
 Home Buyers Protection, HISCO Home Warranty Co., and Old Republic Home Protection Co. Inc.
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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 4, 1998
Words:498
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