When it comes to home ownership, unexpected repairs can be costly and stressful. That`s where a home warranty can come in handy. One popular provider is First American Home Warranty, which offers coverage for systems and appliances in your home.
But what does a First American Home Warranty contract actually cover? Let`s take a closer look at a sample contract.
The contract begins by outlining the coverage period, which is typically one year from the date of purchase. It also lists the buyer and seller involved in the transaction, as well as the property address. This information is all standard for any home warranty contract.
Next, the contract details the items covered under the warranty. This can include a mix of appliances, such as your refrigerator, dishwasher, and microwave, and systems like your HVAC, plumbing, and electrical. The contract will also specify any coverage limits or exclusions, so be sure to read this section carefully.
One important thing to note is that First American Home Warranty only covers items that are in good working order at the start of coverage. If an item is already broken or malfunctioning, it may not be eligible for coverage. Additionally, the warranty won`t cover items that are damaged as a result of misuse or neglect.
If you need to make a claim under your First American Home Warranty, the process is typically quite simple. You`ll need to contact the company`s claims department and provide some basic information about the item in question. A technician will then be dispatched to diagnose and repair the issue.
It`s worth noting that, like any warranty, there are some limitations and exclusions to the coverage provided by First American Home Warranty. For example, the warranty won`t cover repairs needed due to natural disasters or acts of God. It`s important to read the fine print of your contract carefully so you know exactly what is and isn`t covered.
In summary, a First American Home Warranty contract can provide peace of mind and financial protection from unexpected repair costs. Just be sure to carefully read the contract and understand the coverage and limitations before you sign on the dotted line.