Licensed R.E. Certified Transaction Coordinators
Licensed R.E. Certified Transaction Coordinators
Coverage: Refers to what is included in the warranty, such as appliances, HVAC systems, plumbing, and electrical systems. Exclusions: Items or situations not covered by the warranty, like pre-existing conditions or damage from natural disasters. Premium: The warranty plan cost, usually paid monthly or annually. Deductible: The amount you pay out-of-pocket before the warranty coverage kicks in. Service Fee: A fee paid for each service call or repair visit. Claims Process: The procedure for filing a claim to get a repair or replacement. Contractor Network: The group of service providers approved by the warranty company. Renewal: The process of extending the warranty coverage after the initial term ends. Limitations: Caps on the amount the warranty will pay for repairs or replacements.
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