Having different deductible options allows us to offer more flexibility to our customers. Everyone’s home is different - some homes are older, others are newer, some have been remodeled and others still have older systems and appliances. Choosing a higher Trade Service Call Fee lowers your monthly plan price allowing for a more affordable plan option which can be advantageous for newer homes in good condition. Choosing a lower Trade Service Call Fee, on the other hand, increases your monthly premium price but reduces your out-of-pocket expenses on covered repairs.
It may be an advantage to choose a lower Trade Service Call Fee if your home has many older systems and appliances and is at a higher risk of breakdowns. This way if you use your plan a lot during the home warranty term, you will save on the Trade Service Call Fee every claim. If your covered systems and appliances are newer, then it may be more beneficial to select a higher Trade Service Call Fee and lower your monthly payments.
Your deductible, also known as the Trade Service Call Fee, is selected at the time of purchase and can only be updated within the first 30 days of buying the plan. It can later be changed only upon the renewal of your plan.
Please note that customers with RE-Pro real estate home warranty plans cannot choose their Trade Service Call Fee.