Yes, you heard that right. RWC and HOME of Texas have taken our Key Estates Extended Warranty product previously offered on existing/resale homes to a whole new level…..And it’s available in any state in the country!
Prior to this, our extended warranty for appliances and mechanical systems in newly built homes was offered under the brand name of Platinum Advantage* and was available in only 21 states. We’ve rebranded the program and moved it under the Key Estates family of products which allows us to make it available in all 50 states plus the District of Columbia.
Key Estates for New Homes allows homebuyers the option of procuring warranty coverage on their new appliances and systems, extending warranty protection beyond the original manufacturer’s standard warranty.
Setting this home protection plan apart from others is the level of flexibility built into the coverage. The buyer chooses the length of warranty term, the level of service fee, and perhaps the most popular feature of the program, which repair provider to use when a covered appliance or system breaks down. That’s right. The homeowner is in total control. No need to choose a random repairman from a predetermined list. And no crossing fingers and hope that the "repair guy" the other company sends over will be knowledgeable, experienced, or even reliable enough to show up on time as scheduled. This approach allows for greater confidence in who will show up at their door.
Key Estates is economically priced, flexible to meet any client's needs, AND insured. Do you know if "the other guys" offer insured plans or do they "go it alone"? Our warranty is backed by Western Pacific Mutual Insurance Company, RRG (or WPMIC) which has been rated "A- (Excellent)" by AM Best continuously since 2001. WPMIC does not cover any other catastrophic risks, which can affect the insurer's strength. In fact, WPMIC currently has over $120 million in surplus equity. That's some serious hulk-sized financial strength backing Key Estates’ warranties!
Your sales team has mastered the unique elements associated with new construction sales such as site design, reading blueprints, architecture, and the nuances of materials and finishes. Why not take it one more step and add an extended warranty to the sales team arsenal? Combine Key Estates for New Homes with the RWC or HOME structural warranty and create the most comprehensive warranty package for your buyers. This is the perfect solution not only for the most complete protection possible, but it also solves those nagging customer service issues. The beauty of this program is that when the refrigerator breaks down or the dryer takes its last spin, your buyers call OUR toll-free number to start the service process and not you.
Interested in getting the details and pricing about Key Estates for New Homes?
Call: 866-394-5135
Email: Sales@KeyEstatesWarranty.com
Sign up: rwcwarranty.com/builders/join-key-estates/new-homes/
*In Indiana, Kansas, Minnesota, Pennsylvania, and Tennessee, we will continue to use the Platinum Advantage brand.
Key Estates Warranty is a new affiliate of Residential Warranty Company, LLC, HOME of Texas and MHWC is now offering extended warranties for homes involved in real estate transactions across the country. Offered exclusively through a network of approved Real Estate Professionals, the Key Estates Warranty program provides extended warranty protection on a variety of appliances, systems and even structural components in existing homes.
Homeowners understand that eventually, most things break down. Extended warranties are a cost-effective way to deal with expensive and unexpected repair bills after moving into a newly purchased home. The package approach of Key Estates provides the homebuyer with the security of more comprehensive coverage but at a substantially lower rate than if they were to buy individual extended warranties on each item of equipment. Through Key Estates, homeowners are protected against potential financial burdens for one or two-year terms on covered items. Without an extended warranty, homeowners may have to pay hundreds – or even thousands - of dollars for repairs. With Key Estates, homeowners are responsible for only a small service fee.
Key Estates personnel will conduct a remote visual inspection of the appliances and mechanical systems that are eligible for coverage. We will visually inspect photos /videos of the appliances for “trouble spots” that could indicate an imminent failure and search for recall notices. When the appliances pass the inspection, Key Estates certifies the home as warrantable and an insurance backed warranty is issued. This certification should add an additional layer of peace of mind for everyone involved in the transaction.
Major Structural Defect Coverage
With the average cost of major structural defect repairs in this country exceeding $35,000, Key Estates offers valuable protection from financial disaster should a structural defect develop in their existing home. Under Key Estates, a homebuyer may opt for major structural defect coverage – similar to the coverage provided to new home builders under our 10-year warranty plans – to be added to their plan for 1 or 2 years. No other resale warranty plan in the country offers this type of tried and true structural protection on existing homes! In addition, a structural home inspection conducted by a professional, licensed engineer, is part of the requirement to verify the structural ‘health’ of the home. This optional structural coverage is available everywhere except for Colorado and certain areas in Texas that have been designated as active soils areas.
Flexibility & Control
In addition to the never before offered structural coverage on existing homes, setting this program apart from others is the level of flexibility built into our system. Homeowners have the freedom to choose their own repair provider when a covered appliance or system breaks down. Additionally, they can select optional coverage for many of the ‘extras’ such as swimming pools, spas, freezers, etc. to further customize their plan.
Benefits
Real Estate Professionals benefit from Key Estates in a variety of ways. Exposure to customer service issues is dramatically reduced since the Key Estates’ administrator takes over complaint handling for problems with covered appliances, systems, and structural components. An administrative fee may be paid to the real estate professional for every warranty sold, generating extra revenue to make the program profitable and benefit that important bottom line. Ultimately, Key Estates provides a unique marketing tool that will set the Real Estate Professional apart from the competition.
Contact Us
For availability and more information about Key Estates or any of the other plans RWC and Affiliates have to offer, go to www.KeyEstatesWarranty.com, call 866-394-5135 ext. 2149 or email us at Sales@KeyEstatesWarranty.com.