gkisystems
Member
What is the name of your state (only U.S. law)? Wisconsin.
The terms and conditions of my home warranty state:
"The owner is responsible for a deductible charge of up to $85 on each component or appliance malfunction."
Question #1: Why would it say "up to $85" instead of "$85?"
Question #2: What constitutes a "component?"
I uploaded & posted the terms and conditions here:
Page1
Warranty1 | Flickr - Photo Sharing!
Page2
Warranty2 | Flickr - Photo Sharing!
Section "C" is titled "Components and Appliances Eligible for Basic Plan Coverage" in bold font and then lists the following "components" also in bold font:
PRIMARY HEATING SYSTEM
ELECTRICAL
PLUMBING
AIR CONDITIONING SYSTEM
PRIMARY APPLIANCES
Under each "component," it lists "items" that are covered and not covered. The terms and conditions defines these as "items" in section "A. Coverage" where it states "This warranty covers only those items that are (1) listed as COVERED under Section C."
I have a problem with my "electrical" component - specifically my door bell, garage door opener, and bathroom exhaust fan. I am more than happy to pay the $85 deductible for this "component," but the company told me that they consider these "items" as "components" and therefore want to charge $85 for each, or $255 total.
Determining what is a "component" vs. "item" significantly affects the value of this home warranty - which I have already purchased. Please let me know if you think this logic makes sense, and if I should file a complaint with the insurance commissioner.
The terms and conditions of my home warranty state:
"The owner is responsible for a deductible charge of up to $85 on each component or appliance malfunction."
Question #1: Why would it say "up to $85" instead of "$85?"
Question #2: What constitutes a "component?"
I uploaded & posted the terms and conditions here:
Page1
Warranty1 | Flickr - Photo Sharing!
Page2
Warranty2 | Flickr - Photo Sharing!
Section "C" is titled "Components and Appliances Eligible for Basic Plan Coverage" in bold font and then lists the following "components" also in bold font:
PRIMARY HEATING SYSTEM
ELECTRICAL
PLUMBING
AIR CONDITIONING SYSTEM
PRIMARY APPLIANCES
Under each "component," it lists "items" that are covered and not covered. The terms and conditions defines these as "items" in section "A. Coverage" where it states "This warranty covers only those items that are (1) listed as COVERED under Section C."
I have a problem with my "electrical" component - specifically my door bell, garage door opener, and bathroom exhaust fan. I am more than happy to pay the $85 deductible for this "component," but the company told me that they consider these "items" as "components" and therefore want to charge $85 for each, or $255 total.
Determining what is a "component" vs. "item" significantly affects the value of this home warranty - which I have already purchased. Please let me know if you think this logic makes sense, and if I should file a complaint with the insurance commissioner.