Every day, more and more inspectors are deciding it's advantageous to offer their very own Limited Home Warranties. Overall cost savings, as well as the ability to remain in full control of their companies reputation are the primary key factors.
For these reasons, RecallAlert for Life decided to track a successful multi-inspector firm over the course of one year (1/1/2019 through 1/1/2020) to determine the average cost per inspection they incurred for offering such warranties.
A total of 1885 inspections were performed, and the average cost per inspection was just 94 cents. Please note that this inspection company was also quite generous in its' payouts, and could have denied 2 of the 6 total claims for not meeting payout guidelines. This illustration shows you the HUGE profit margins that can be enjoyed by many of the companies that offer such services. If this is something you'd like to add to your arsenal of benefits, we offer several different free editable templates as a courtesy to our clients.
These templates vary dependent upon what services you choose as an inspection company to provide. Access to these templates, terms of coverage, and legal doctrine are available upon sign free up for RecallAlert for Life.
100-Day Limited Home Warranty
Automatically included with every home inspection we perform
- Mechanical System
- Appliances, Furnace
- Plumbing, Electrical and more...
100-Day Limited Radon Warranty
Automatically included with every radon inspection we perform
- Protection from radon levels increasing to 4.0 pCi/L or above
100-Day Limited Sewer Warranty
Automatically included with every sewer inspection we perform
- Protection from future line breaks & collapses within the main sewer line of the home
100-Day Limited Mold Warranty
Automatically included with every mold inspection we perform
- Protection from new visible mold developing inside the home