How the Select Home Warranty Policy Works After the Warranty Period Completes

What happens to your home systems and appliances when your Select Home Warranty Policy expires? Many homeowners worry they’re left unprotected after the warranty ends. But, knowing your options can help you feel more secure. It’s important to understand how your coverage continues and how to keep it going.

In this article, we’ll explore the Select Home Warranty Policy in detail. We’ll cover the benefits, claim process, and customer service options even after your warranty ends. With this information, you’ll be ready to make smart choices about protecting your home.

Key Takeaways

• The warranty period for Select Home Warranty lasts one year from the effective date.
• There are multiple plans available, including Bronze, Gold, and Platinum Care.
• Home warranty plans are generally transferrable, which can increase your home’s value.
• Knowing how to make claims is key to getting the most from your coverage.
• Select Home Warranty offers various add-ons for more protection.
• Prices vary based on what you need, but they’re often competitive.
• Customer reviews often praise the service quality and how quickly contractors respond.

Understanding Home Warranties

Knowing what a home warranty is is key for homeowners wanting to avoid surprise repair bills. It’s a service contract that covers the repair or replacement of major home systems and appliances. This protection is very valuable, as it helps with repairs from normal wear and tear. Homeowners often count on Select Home Warranty contractors for these repairs.

What is a Home Warranty?

A home warranty covers important systems like HVAC, plumbing, and kitchen appliances. For example, if your air conditioning breaks down, it can cost over $1,300 to fix. Homeowners insurance, on the other hand, covers damages from disasters like fires or theft. It’s important to know the difference, as it affects your financial planning.

Difference Between Home Warranty and Homeowners Insurance

Home warranties and homeowners insurance offer financial protection, but in different ways. Homeowners insurance covers damages from specific events. A home warranty, on the other hand, covers malfunctioning appliances and systems due to age. This can include costs like $800 for Select Home Warranty plumbing coverage repairs or $500 for refrigerator issues, which homeowners might not be ready to pay for.

Knowing the differences helps you make better choices for protecting your home. Many homeowners choose to have both a homeowners insurance policy and a home warranty. This includes options from trusted providers like Select Home Warranty.

Overview of the Select Home Warranty Policy

The Select Home Warranty policy offers homeowners a lot of peace of mind. It has many Select Home Warranty benefits to choose from. Each plan is designed to fit different needs and coverage types, helping you pick the right protection for your home.

Benefits of the Select Home Warranty

Homeowners find a lot of financial security with a Select Home Warranty. It has competitive prices for its home warranty plans. You get a variety of features, including:

• Comprehensive coverage for essential systems, including plumbing, heating, and cooling.
• Affordable service call fees for repairs and replacements.
• Promotional offers like discounts and free roof coverage.
• Positive customer testimonials about the quality of service and savings.

Types of Plans Offered

Select Home Warranty has three main Select Home Warranty policy options:

No matter which plan you pick, your home’s key parts are covered. The selection process lets you customize based on your preferences and budget.

Claim Process During the Warranty Period

To get the most out of your coverage, it’s key to know how to file a claim. You can report a claim online or by phone, any time of day. The steps are simple, making it easy to fix problems quickly.

Steps to Submit a Claim

Here’s how to file a claim smoothly:

1. Contact Select Home Warranty online or by phone.
2. Share the problem details and any maintenance records.
3. Get confirmation and a local contractor will be assigned.
4. Repairs will start, and Select will pay for them, minus a small fee.

Finding Local Contractors for Repairs

After starting the claim process, finding local contractors is next. Select Home Warranty connects you with approved pros for the job. This saves you from looking for reliable contractors yourself.

Their network focuses on quality work. They ensure your home gets the best care.

What Happens After the Warranty Period Completes

When the warranty period ends, homeowners must make important choices. They can renew their Select Home Warranty or let it expire. This choice depends on their needs and how much they can afford to pay for repairs.

Options Available for Homeowners

After the warranty ends, homeowners have a few options:

• Renew your Select Home Warranty policy for continued coverage, ensuring that major systems and appliances remain protected.
• Choose to allow the warranty to lapse, which exposes you to possible repair costs for essential home systems.

Think about the average repair costs before making a decision:

Looking at these averages can help you see the risks of not renewing your warranty.

Renewal Process for Your Select Home Warranty Policy

Renewing your Select Home Warranty is easy. You can review your plan and make changes if needed. The monthly cost is between $44.92 and $47.75, plus a $75 to $85 service fee for repairs.

When thinking about what to do after your warranty expires, remember that Select Home Warranty coverage lasts a year. Renewing smoothly ensures your investment stays protected.

Understanding Coverage Limitations

Knowing the limits of your Select Home Warranty is key, as your warranty nears its end. Being aware of these limits can prevent surprise repair costs. Some issues might not be covered, leaving you to pay for repairs after your warranty ends.

Common Exclusions After Warranty Expiration

It’s important for homeowners to know what’s not covered. Here are some key points:

• Items Not in Good Condition: Coverage is for items that work well at the start.
• Negligence and Poor Maintenance: If a problem is caused by neglect or bad use, you might not get help.
• Cosmetic Damages: Things like scratches or dents are not usually covered.
• Initial Installation Issues: Problems from bad installation are often not covered.
• Manufacturer Defects: Warranties don’t cover problems from the start, like recalled parts.
• Hazardous Material Exclusions: Issues with harmful substances like asbestos are not covered.

Also, big structural problems like foundation damage are not covered. Knowing this can help you deal with repairs after your warranty ends.

Knowing what’s covered helps set the right expectations. It also prepares you for what comes after your warranty ends.

Customer Service and Support Availability

Getting reliable support is key for homeowners with Select Home Warranty. If you need help, contacting Select Home Warranty’s customer service is easy. You can call their toll-free number or use their website for questions or help. Knowing how to reach out can greatly improve your experience.

How to Contact the Select Home Warranty Corporate Office

You can reach out to Select Home Warranty’s support team in several ways:

• Call the toll-free customer service number for quick help.
• Visit their official website for resources and to submit claims online.
• Use the chat feature on the website for live assistance.

Understanding Vendor Responsibilities After Policy Completion

Knowing what happens after your Select Home Warranty policy ends is important. Vendors usually have to honor repair guarantees for a certain time. This gives homeowners peace of mind, knowing repairs might be covered. It’s vital to understand these responsibilities to keep your home systems and appliances in good shape, even after the warranty is up.

Select Home Warranty Policy: Transferability and Benefits

The Select Home Warranty policy stands out for its transferability. This feature is great if you’re moving or selling your home. It lets you pass on the warranty to new owners, making your home more attractive.

This also gives buyers peace of mind. They know they’ll get the same protection against repairs that you had.

How to Transfer Coverage to New Homeowners

Transferring your Select Home Warranty is easy. Just follow these steps:

1. Contact the Select Home Warranty customer service team to inform them of your intent to transfer.
2. Provide the necessary details regarding the new homeowners, including their names and contact information.
3. Complete any required documentation as per Select Home Warranty’s instructions.
4. Ensure all needed maintenance records are submitted to uphold coverage validity.
5. Confirm the transfer with the new homeowners, who can now enjoy the benefits of transferability.

Transferability is a big plus in real estate. Homes with warranties sell faster and for more money. In fact, 80% of buyers want homes with warranties.

This makes your home more appealing in a competitive market. It also gives buyers more confidence.

Choosing to transfer your Select Home Warranty boosts your home’s sale value. It meets the needs of both sellers and buyers, providing lasting benefits.

Conclusion

Understanding your Select Home Warranty policy is key when you own a home. This home warranty overview helps you make smart choices about post-warranty protection. Knowing your options, renewal steps, and coverage limits is essential for managing your home well.

Select Home Warranty offers three plans: Bronze Care, Gold Care, and Platinum Care. Each plan is designed to fit your needs. But, it’s important to remember that coverage amounts are capped. Appliances are covered up to $500, and HVAC systems up to $3,000. This knowledge helps protect your investment.

Good communication with customer service can improve your experience. While satisfaction levels vary, knowing how to reach out can lead to better results. Using your Select Home Warranty policy wisely can keep your home safe and avoid unexpected repair costs.

FAQ

What is a Select Home Warranty Policy?

A Select Home Warranty contract covers repairs or replacements of major home systems and appliances. It protects against unexpected repair costs due to normal wear and tear.

How long does the Select Home Warranty coverage last?

Coverage usually lasts for one year. Homeowners can renew their policy to keep their home systems and appliances protected.

What happens when my Select Home Warranty contract expires?

When your contract expires, you can renew it or let it lapse. This lets you assess your coverage needs and repair costs.

Are there any exclusions to the Select Home Warranty coverage?

Yes, some exclusions apply after the warranty expires. These include cosmetic damages, issues from improper installation, and failures due to manufacturer defects.

How can I submit a claim during the warranty period?

You can file a claim online or by phone 24/7. Select Home Warranty will then assign a local contractor to fix the problem.

What is the process for transferring my Select Home Warranty coverage?

Transferring coverage to new homeowners is easy. It adds value to your property and ensures ongoing protection for buyers.

How do I contact the Select Home Warranty corporate office?

You can reach the corporate office by phone or through their website. They can help with policy or claim inquiries.

What are the vendor responsibilities after the warranty period ends?

A Select Home Warranty Vendor usually has to honor repair guarantees for a set time after service. This provides extra support to homeowners even after the warranty ends.

What benefits does the Select Home Warranty provide?

The Select Home Warranty offers many benefits. These include affordable pricing, flexible plan options, and coverage for roof leaks among its services.

How do I evaluate my options before renewing my warranty policy?

Homeowners should consider their coverage needs, budget, and repair costs before renewing. This helps decide if renewing is the best choice.