Rather than advertising "coverage" and then reducing payments through depreciation or book value, our
proposed agreement puts the important limits up front. Examples of proposed annual limits include up to
$6,000 for HVAC/heating, $3,000 for plumbing and electrical, $2,500 for water heaters, $3,000 for
refrigerators, and $2,000–$2,500 for most major appliances, subject to the selected plan and an overall
annual agreement maximum.
Ordinary installation associated with an approved replacement is intended to be covered within the
applicable limit. We also intend to include refrigerant required for an approved HVAC repair rather than
imposing an artificially low per-pound allowance.
Core
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Heating or air conditioning, per event$4,000
-
Electrical system, per event$2,000
-
Plumbing system, per event$2,000
-
Water heater, per event$1,800
Aggregate $14,000 per contract year
Plus
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Heating or air conditioning, per event$5,000
-
Electrical system, per event$2,500
-
Plumbing system, per event$2,500
-
Water heater, per event$2,200
-
Refrigerator, per event$2,500
-
Any other covered appliance, per event$2,000
Aggregate $22,000 per contract year
Premier
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Heating or air conditioning, per event$6,000
-
Electrical system, per event$3,000
-
Plumbing system, per event$3,000
-
Water heater, per event$2,500
-
Refrigerator, per event$3,000
-
Any other covered appliance, per event$2,500
-
Secondary systems, per event$2,000
Aggregate $30,000 per contract year
Reaching a limit is not a denial. If a repair costs more than the per-event limit, we apply the full limit
amount to the repair and tell you the exact figure applied and what remains on your aggregate. No plan
covers everything, and none of ours claims to.
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Plans, prices, limits and terms shown are proposed and subject to final underwriting, regulatory approval
and availability. Coverage is provided under the applicable Home Service Agreement, which controls in the
event of any difference between this summary and the agreement.