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That’s because referral fees for “settlement services” are banned under the federal law, and confusion has reigned ever since over the acceptable conditions for receiving compensation.

home warranty cost for condo

Boiler Heat $26 / Month, $312 / Year Cooktop $4 / Month, $48 / Year Deep Freeze $6 / Month, $72 / Year Dishwasher $6 / Month, $72 / Year Dryer $4 / Month, $48 / Year Furnace $18 / Month, $216 / Year Furnace/AC $28 / Month, $336 / Year High End Appliance $28 / Month, $336 / Year Ice Machine $6 / Month, $72 / Year Microwave $4 / Month, $48 / Year Oven $4 / Month, $48 / Year Pool Heater $12 / Month, $144 / Year Pool Pump $12 / Month, $144 / Year Refrigerator $6 / Month, $72 / Year Septic Pump $8 / Month, $96 / Year Septic Tank/Lateral Lines $20 / Month, $240 / Year Trash Compactor $4 / Month, $48 / Year Washer $6 / Month, $72 / Year Water Heater $4 / Month, $48 / Year Well Pump and Tank $8 / Month, $96 / Year Wine Cooler $6 / Month, $72 / YearHome warranties, also known as service contracts, allow homeowners to pay an annual fee for repair and replacement service of covered appliances and systems. These contracts protect homeowners from the high cost of unexpected appliance breakdowns and system failures. With a home warranty, you’ll be covered whether your refrigerator stops running or your plumbing stops up ­­ and that can save you both money and frustration. Home warranties are service contracts that promise prompt, effective service for problems with your covered home appliances and systems. They offer protection not just for your home, but for your budget and time. Home systems and appliances can break down when you least expect it ­­ and often, when your budget isn’t ready for it. A home warranty offers peace of mind. With a home warranty, you can know that even when the unexpected happens, you’ll be taken care of by trusted home repair professionals. With a home warranty, your home’s most important appliances and systems will be covered, provided they are maintained and in good working order at the start of your contract. You’ll pay your contract fee annually and enjoy repair and replacement service for essential home systems and appliances for this low annual fee plus an affordable service call fee for each repair or replacement. Your systems and appliances may be in good working order today, but sooner or later, everything wears out.