Simplified answers to building protection around you.
Home Closing Insurance was developed with input from professionals from all areas of the Real Estate Industry.
The CHS SafeClose™ Home Closing Insurance Program covers the additional costs and expenses, which result from delayed or failed home closings, and no other service can. The agreement provides coverage for temporary accommodations, moving and storage costs, living expenses, legal fees, bank fees, mortgage and bridge loan interest, and other incidental costs.
The CHS SafeClose™ Home Closing Protection is quick, easy and affordable. More importantly it's an invaluable safeguard against unpleasant and very costly surprises.
The CHS SafeClose™ Home Closing Insurance Program is for individuals who are buying a home, selling a home or both. It can be purchased directly by the home buyer/seller, or their service provider such as a Real Estate Professional, Mortgage Broker, Banker, or Lawyer. Keep in mind that you will need one agreement per transaction (eg. one for selling your home and one for buying another home).
You can protect yourself by purchasing a CHS SafeClose™ Home Closing Insurance Policy for, only $99.00 plus applicable taxes, Low Cost,"Peace of Mind".
The "Basic Protection Program" covers central heating system, central air conditioning system, interior plumbing system, interior electrical system, duct work and water heater (if owned). The "Premium Protection Program" covers refrigerator, range, stove & fan/hood, built-in dishwasher, washer & dryer, garbage disposal, trash compactor, sump pump, garage door opener, as well as items covered under the "Basic Protection Program".
The contract covers only those parts, systems and appliances, specifically mentioned as covered and excludes all others. The contract does not cover systems or appliance failures due to lack of maintenance. Items covered must be located within the main foundation of the home or garage. Your homeowner's insurance policy may cover certain items that are not covered under this Insurance coverage, such as water damage to your floors or ceiling caused by the failure of an appliance or a system, etc.
No, The CHS SafeClose™ Home Systems and Appliance Breakdown Insurance provides coverage for systems and appliances to any home no matter what its age - as well as any brand or manufacturer of systems and appliances. However, the systems and appliances must be in good working order at the start of the coverage.
No. However, we do offer coverage for many of the most frequently occurring breakdowns of home systems and appliances. Please review your contract for specific covered items, terms and conditions, limitations and exclusions.
Homeowner's insurance is hazard insurance. Its coverage usually extends to items solely damaged by fire, water, wind or other disasters. The CHS SafeClose™ Home Systems and Appliance Breakdown Insurance Program, repairs and/or replaces items listed in your contract that break down due to normal wear and tear.
Unfortunately, we do not cover pre-existing conditions. However, if a covered item were to fail while under the protection of an active Breakdown Insurance Policy, it would be covered subject to the conditions, terms and limitations of your Policy.
Yes. The CHS SafeClose™ Home Systems and Appliance Breakdown Insurance can be purchased during homeownership. It is not necessary for you to be involved in a Real Estate Transaction at the time of enrolment.
Contact us at 1-888-781-5411, our Insurance Brokers will provide you with information and costs for coverage that is right for you.
Absolutely not! There is no limit to the number of service calls you can place on your home each year with the CHS SafeClose™ Home Systems and Appliance Breakdown Insurance Program. In fact, many customers place multiple service calls each year and save hundreds to thousands of dollars in repair and replacement bills.
It is very easy. You call our claims department at 1-800-267-1576, 24 hours a day, 365 days a year and we will take your service request by phone and dispatch a service work order to an independent service technician in your area.
In most cases, the independent service technician will contact you within 24 hours during normal business hours to schedule a mutually convenient appointment. Emergency service situations we have handled in two to four hours.
Yes. Each time a technician comes to your home to repair a system or appliance a $50 fee is payable by you. If a repair involves two different technicians you will owe a fee for each one. Any additional costs for parts and service will be covered by your policy. There is no limit to the number of repairs we cover.
Unfortunately no, as outlined in the Declaration under Terms of Coverage, should the homeowner contract directly with others or do the work themselves, we will not be responsible for reimbursement of that cost.
The CHS SafeClose™ Home Systems and Appliance Breakdown Insurance is a one-year policy that provides coverage for major home systems and appliances. The home systems and appliance breakdown insurance covers failures due to normal wear and tear of systems and appliances located within the foundation of the home during the term of the agreement.
Home systems and appliance breakdown insurance is a very important asset to maintaining the value of your home and is a priority for most home owners. Unexpected repairs or replacement costs can easily strain your budget, plus finding an approved and insured contractor to solve your problem can be stressful and inconvenient. A home systems and appliance warranty cannot prevent systems or appliances from breaking down, but it can help make covered repairs or replacement easier and less costly.
No. Home inspections are not part of the requirement in order to purchase The CHS SafeClose™ Home Systems and Appliance Breakdown Insurance however, a home inspection maybe useful if you need to prove that a system or appliance did not break down due to a pre-existing condition.
Manufacturer extented warranties bought separately cost a significant amount more than the SafeClose™ Home Systems and Appliance Breakdown Insurance. Manufactures also only provide warranties for their own products. Think of all the appliances and systems you have in your house and how much you would pay for each of them to have their own extended warranties, not to mention the fact that these warranties do not cover major home systems such as plumbing, heating, electrical and more. The SafeClose™ Home Systems and Appliance Breakdown Insurance covers all of your appliances and all of your home systems under one plan with one low premium and one number to call for the day when more than one appliance breaks down.
Yes. The SafeClose™ Home System and Appliance Breakdown Insurance is renewable. You will be notified by e-mail of your agreement's upcoming expiration date and the terms of renewal before the end of your term.
Call our customer service department 1-888-781-5411 and we'll be happy to renew your agreement over the phone.
Your CHS SafeClose Home Systems and Appliance Breakdown Insurance coverage is effective for one year upon receipt of payment, with a renewal option on expiration.
The Home Systems Basic one year Coverage is only $299.00 plus applicable tax. The Home Systems and Appliance Premium one year Coverage is only $399.00 plus applicable tax.