Answering Your Questions About Home Warranties

Having a warranty on your home can make life easier for homeowners, landlords, and tenants. Watch this short video to learn how.

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Today, I have the pleasure of being joined by Heidi Marshall with First American Home Warranty as we discuss the most important things you should know about home warranties.

Here’s what Heidi has to say:

One of the biggest benefits of having a home warranty is the peace of mind. You don’t have to do research to find, for example, a plumber or an AC company. With a home warranty, it covers your major appliances—the air conditioner, electrical, plumbing, and so on. If there is a claim that needs to be placed, you just call the number and can have any questions about repairs answered.

Another great thing about having home warranties is that there is no charge for replacement refrigerant or freon if your AC unit isn’t functioning properly. Normally that can be very pricey.

It can also be a great option for rentals, which includes all parties. Landlords won’t need to worry about a phone call in the middle of the night about a leak in the bathroom. Tenants can call the warranty company 24/7, place the claim, and the landlord won’t have to worry about finding an emergency plumber.

One of the biggest benefits of having a home warranty is the peace of mind.

And we’re all over—if you have a rental in Los Angeles, Orange County, or Nevada, you can place your claim in any of those areas. It makes life easier both on you, and on your pocketbook.

Many clients over the years have been able to take advantage of their home warranties, whether it be for replacing a water heater or other important home appliance.

It’s very important that when your agent writes the contract, they put in the proper coverage. Make sure that those things that are important to you are covered, such as an air conditioner or a pool. Personal appliances that you bring in the home should also be covered.

If you have any questions about home warranties, please contact Heidi by phone or email and if you have any real estate questions, please contact us at the Scott Himelstein Group. Thanks again for watching our video blog.

How Can Insurance Prepare You for Disasters?

In light of the recent natural disasters that have been happening around our country, I want to talk today about the importance of being properly insured.

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In light of the recent natural disasters in our country, I wanted to talk today about how you can be prepared for these kinds of happenings.

To help me cover this subject, I recently met with Zachary Schneiderman of Schneiderman Insurance. Having insurance coverage is just one of the many ways you can prepare for potential disasters.

Something Zachary suggests to everyone is to ask for an annual review. To do this, call your insurance agent and make sure that your home is insured to its current replacement value. 

This is especially important given the fact that a study recently revealed a high percentage of homes to be uninsured based on their current replacement values.

Make sure you are properly insuring your home and its contents.

If you are underinsured by over 20%, certain insurance policies will carry clauses stating that they may only insure you for a percentage of the loss.

Making sure you are properly insuring your home and its contents is critical. It’s also always a good idea to review your other insurance policies, as well. It is much better to be safe than sorry. 

Even small, preventative measures can make a big difference. For example, you should absolutely save your insurance agent’s number into your phone. Also, store your policy number somewhere that is easily accessible. 

Being able to contact your agent at a moment’s notice will become greatly helpful in the event of an emergency. However, remember to talk to your agent before filing a claim. An insurance agent will help you determine whether the claim is appropriate to file. 

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.