| Warrantees
One Year Warranty (Document
Link)
50,000 dollar limit at 1% is
included in your lead price (Document
Link)
100,000 dollar limit at 1.5% ad another .5% to the lead
price (Document Link)
Limits Explained:
Although remodeling projects may exceed the warranty
limit the entire project will be covered. The claim
limit is designed to help maintain the amount both the
homeowner and contractor allow one another getting ahead
of the other. For example a 50,000 dollar limit can be
used on a 300,000 dollar project. The contractor should
not perform and bill out 150,000 dollars without
collecting 100,000 dollars of previously performed work.
Nor should the client pay 150,000 dollars when only
50,000 dollars of the project has been performed. Should
a dispute arise during the project, it may prevent the
project from moving forward until the dispute has been
resolved to maintain the limit on the risk.
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