Homeowners » Home Warranty Association

If you are involved in a residential transaction as the Seller, Buyer, or Real Estate Professional, you should consider the many benefits home warranties provide. Read what the Home Warranty Association of California (HWAC) has to say about the importance of utilizing a home warranty in your transaction:

In a relatively short period of time, home warranty contracts have grown dramatically in popularity. Today warranties are an integral part of more than 80% of resale home sales in California.

This unprecedented acceptance in home warranty usage signals ever broadening appeal of warranties with the professional real estate community, home sellers and home buyers alike, all of whom are increasingly sophisticated concerning safeguarding what is typically one's largest single investment: a home.

With a home warranty, home sellers avoid potential after-the-sale disputes. For the home buyer, a home warranty provides peace of mind and important protection against potentially costly home repairs. To real estate professionals, home warranties mean satisfied clients, potential referrals, as well as risk reduction.

Covered systems and appliances do break down. And home warranties are a service that homeowners really use. An understanding and appreciation of the value of home warranties has paralleled both growth in sales and increasing usage by homeowners. Members of the Home Warranty Association of California (HWAC) provide service to homeowners on an average of 1.7 to 2 claims per contract per year. This represents an annual savings to California homeowners of over $50,000,000.

Old Republic Home Protection is a member of the Home Warranty Association of California, the Texas Warranty Association, the Florida Service Agreement Association and the National Home Service Contract Association.