Cost is $444-$514* depending on State
Home Warranty Benefits
- The warranty covers YOU, the seller, during the listing period. Then, it transfers to the buyer for 1 full year upon closing.
- There is no payment due now. Payment is due only at closing. If your property does not close and the warranty was not used, no payment will be due.
- At closing, the warranty will convert to the buyer and cover them for 1 full year from closing. The plan is then renewable by the buyer for subsequent years.
- On average, homes with a home warranty increase sales prices by up to 3% by making them safer investments for buyers. (Source: Business Week)
- Minimize the chance that a system, component or appliance failure could delay closing.
- Covered repairs are guaranteed for 180 days (6 months) by Cinch.
- Buyers may ask you for this warranty as part of contract negotiations (most buyers agents will advise them to do so) By choosing the warranty now you will also benefit because you are covered during the listing period!
How the Warranty Works
- There is a $200 deductible for each occurrence. Additional charges may apply to certain repairs or replacements. You may upgrade to the $100 deductible per occurrence by adding $100 to the policy price.
- You can call or go online 24/7 to place a claim.
- There is no home inspection prior to issuing the warranty.
- If your listing expires or is canceled with no claims, no payment will be due.
- Coverage begins the day you are listed in the MLS.
- Your MLS listing will advertise a 1 year home warranty that is conveyed to the buyer at closing.
Peace Of Mind Coverage - This Warranty Covers:
| COVERED ITEMS & CONDITIONS | SELLER | BUYER |
|---|---|---|
| Central Heating – 2 Units Central A/C - 2 Units |
SELLER HEAT & A/C + $75 |
YES |
| Electrical | YES | YES |
| Plumbing | YES | YES |
| Dishwasher, Built-in | YES | YES |
| Refrigerator | YES | YES |
| Microwave Oven, Built-in | YES | YES |
| Oven/Range/Cooktop, Built-in Grills | YES | YES |
| Range Exhaust | YES | YES |
| Hot Water Heater | YES | YES |
| Sediment Buildup | YES | YES |
| Plumbing Stoppages (up to 125’) | YES | YES |
| Jetted Bathtub | YES | YES |
| Attic Exhaust/Whole House Fan | YES | YES |
| Ceiling Fans | YES | YES |
| Central Vacuum System | YES | YES |
| Light Fixtures, Smoke Detectors, Doorbell Chimes | YES | YES |
| Garage Door Opener | YES | YES |
| Sump Pump | YES | YES |
| New Appliance Discount Program | YES | YES |
| Locksmith Service | YES | YES |
| Unknown Pre-Existing Conditions | - | YES |
| Failures Due to Lack of Maintenance | - | YES |
| Rust and Corrosion | - | YES |
| Emergency Lodging Reimbursement* | - | YES |
| Homeowners Insurance Deductible Replacement* | - | YES |
| $25 AC or Fridge Filter Credit | - | YES |
View a Sample Cinch Warranty Agreement Here
The above provides only a brief description of coverage. The information contained herein is deemed reliable but is not guaranteed. Upon purchase of the warranty, Cinch will mail you a copy of the contract, which includes the complete terms and conditions of the plan. As long as the warranty has not been used, you may cancel at any time, and no payment will be required.
*Sales Tax may be applied depending on your local jurisdiction.
