Alice
No matter what you buy there should be a warranty guarantee. You have decided to build a house? Be sure, there should be a home warranty. Both manufacturers (or suppliers of building materials) and builders have to provide you with a warranty. Building a house is a serious investment, and you should be sure your home will not collapse during several months after being built. Building services warranty can be provided only by licensed building company. Usual freelance builders will not give you any warranty. And no doubt you won’t see them after the work is done. But still, services warranty varies from 2 to 5 years (depending on the type of work). For example, arrangement of roofing has 1-3 year warranty. If you find out a flaw, building company has to fix it at its own expense.Speaking about building materials warranty, the term is much longer and varies from 3 to 50 years. For instance, roofing slate warranty is 3 years, and copper roofing warranty is up to 50 years. Flaws of building materials are fixed by a manufacturer (or supplier). In this case he has to replace defective materials with new ones. If builders are responsible for the damage, they have to pay for it. Many people resort to insurance when it’s about home warranty. Certainly, it’s quite reasonable, but only if you do not share the most widespread insurance delusions common for many people.Myth #1: In case of insured event client receives all the money.Reality: It’s true, but only if there is nothing left from your house. And this happens in case of anthropogenic or natural disasters. Even domestic gas explosion or fire will not totally destroy your house. The degree of its safety is defined by value experts (who work for insurance companies or their affiliates). So, under typical circumstances aggrieved party gets 15-20% from the declared insurance sum. Myth #2: It’s allowed to insure only everything in complex (interior, decoration work, constructions).Reality: According to the rules of major companies one can insure: separately constructions (walls, floor, ceiling); constructions+decoration work; only decorative work; constructions+decorative work+movable property in the house. Myth #3: Level of house protection doesn’t influence on insurance price. Reality: Policy holders forget money that has been already invested into security systems allows economize on policy price. In the presence of 24/7 security, complicated alarm systems, and sensor you have a full right to demand a discount. Under the condition that home insurance price varies from 0,7-1,5% this discount may appear to be essential.Before signing an insurance contract make sure you have read all the notes and comments. Insurance agents use a huge variety of tricks to make clients put their signatures on contracts. But along with that insurance companies aim to turn all conditions of the deal into their favor. If you are longing to get a home warranty, it’s better to a well-known company. In this case the chance of being scammed is pretty low.
Writing was my hobby that turned into my job!
