The HBW 2-10 and other home owner warranty products have been criticized for, among other things, not being broad enough in their coverage and not paying out enough in claim dollars. The authors of a new article attempt to refute those allegations, at least those concerning HBW 2-10.
Here are the salient points of the article:
HBW 2-10 can be an effective tool to reduce builder General Liability claims if the HBW 2-10 claims representative works closely with the General Liability claims adjustor. Many General Liability claims adjusters don’t understand how warranty products work or how they can be used to their advantage.
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