E05: How to get the most out of your home warranty plan - Brian Brown, Old Republic Home Protection

In this episode, Nicole Saunches interviews Brian Brown with Old Republic Home Protection to discuss why a buyer, seller and/or homeowner would be interested in purchasing a home warranty. Below are the top reasons in favor of purchasing a home warranty plan: Home Warranty plans can help offset or protect against unexpected costs of a major repair (Statistically, homeowners have a major repair in their first year of ownership 68% of the time) Provide peace of mind, especially for homeowners who are not handy with repairs Provide reliable tradesmen who carry at least $1M insurance policy Did you know home warranty companies are able to replace and/or repair components for far less than what it would cost a homeowner calling on his or her own behalf.  Why, you may ask?  It's because home warranty companies order products & services in bulk and work out special labor rates with companies and are able to purchase products at wholesale costs. The Top 3 claims for Old Republic Home Protection Clearing sewer lines/Plumbing AC Appliance repair/replacement Additionally, Brian answers to the following questions:  -What is a home warranty? -What is the difference between my homeowner's insurance policy and a home warranty plan? -What is the process to submit a claim? -What do you recommend prospective customers look for when shopping for a home warranty plan? -What is the difference between a deductible and a trade call fee? Questions Brian recommends consumers should ask prospective home warranty companies: -Do you cover all of the AC coolant? -Do you cover the Florida Mandate for AC replacement? or If my AC failed, do you replace both air handler and condenser? Old Republic Home Protection has a variety of resources for homeowners.  Below are few I believe you will find handy. Moving Guide Final Walk-Thru Checklist Home Maintenance Checklist Frequently Asked Questions Old Republic Home Protection website If you would like to reach out to Brian Brown directly, you can email him at [email protected]