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However, the words "home warranty" are not always used explicitly to mean a legal warranty is being conveyed.

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" "Home warranties are a more affordable way to protect the home on day to day issues, and to prevent catastrophic losses," she said.

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You also need to keep up with regular maintenance for your appliances so that way they won't be considered "neglected" and that will not be covered by your warranty.

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But, when you finally do get sick and need to use the policy you have been paying on for years and only owing your co pay is seen as trying to get something for nothing?Have you ever actually thought that opinion of yours through to it's logical end?What is a warranty for?What is insurance for?I would imagine that someday, after paying for your health insurance or a new car with a warranty, for many years without ever using it until a tragedy strikes, you find yourself needing to use the protection you had been PAYING for, only to find someone just like yourself at the other end of the desk.

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Renewal Transfers. In the event You wish to renew this Agreement for an additional term, as set forth in the schedule page accompanying this Agreement, You must contact a Select representative prior to the expiration of your current term. You will be notified by a Select representative as to the new rates and the new terms of coverage. Select reserves the right to deny your request for renewal for any reason and change the rate and terms of coverage for the renewed term. If the covered property changes ownership during the contract term, please call 855 267 3532 for further information to transfer coverage to the new owner. 14. 1. Automatic Renewal. In the event You select the monthly payment option and Select elects to renew your contract, Select will notify You of the rate and term for the renewal period during the tenth month of Your contract and You will be automatically renewed for an annual coverage period unless you notify Select in writing thirty 30 days prior to the Termination Date. Your first payment for the renewed term will be deemed as authorization for another twelve 12 month term. 15.

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For this reason, a home warranty is a good investment considering it will be used at some point as all home systems and appliances will eventually fail.

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