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Homeowners > Why Have a Structural Warranty? |
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Soil, weather, and faulty workmanship are all common causes of structural defects. Soil and weather are hard to predict and control, but faulty workmanship happens, and it might not manifest into a structural defect for many years after you move into your home (77% of all claims happen after the fourth year). Once a problem becomes apparent, it can be very costly to fix. With the average claim of a structural defect being $30k, an issue could definitely hit your pocketbook hard...
Like many types of insurance, the hope is that you will never need it, but when a problem emerges, you're glad you have it. A structural home warranty allows you to sleep better at night knowing we’ve got it — and you — covered. The price is minimal (typically a small percentage of your home's total sales price) and can be rolled into your loan (no need to have the money up front).
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