Shownotes
What exactly is a home warranty? Staci Clayton, a long-time veteran of the home warranty industry, joins host Darryl Jones to explain the ins and outs of this important service contract. As a representative for Fidelity National Home Warranty Company, Staci shares her expertise on topics like what's covered in a basic home warranty plan, typical costs, claims processes, and common misconceptions. Darryl and Staci also discuss key points such as unknown pre-existing conditions, emergencies, and policy renewals. Tune in for Staci's insider knowledge on how a home warranty can provide valuable peace of mind for homeowners.
Episode Highlights:
- Basic home warranty plans typically cover plumbing, heating, electrical, air conditioning, and kitchen appliances, with options to add coverage for additional items
- Home warranties cover unknown pre-existing conditions, but not damage from pests, abnormal wear and tear, or lack of maintenance
- Plumbing issues are the most common home warranty claims
- Upgraded plans can help cover modification costs when replacing systems like HVAC or water heaters
Key Questions Asked:
- What's the difference between a home warranty and homeowner's insurance?
- How long is the typical waiting period for home warranty coverage to begin?
- Can a homeowner transfer their existing home warranty policy to a new buyer when selling their home?
- What out-of-pocket costs might a homeowner face when having a system like an HVAC unit replaced under their home warranty?
Guest Information:
Staci Clayton - Fidelity National Home Warranty
Website: https://www.homewarranty.com/
Phone: 1-800-862-6837
Contact Darryl:
Darryl & JJ Jones Real Estate
Email: darrylandjj@gmail.com
Phone: (714) 713-4663