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Residential Warranty Company

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2.3

Overall Score

Author: Kalicia Bateman

LAST UPDATED: March 14th, 2022

Residential Warranty Company is a group that specializes in home warranties for builders, remodelers, and manufacturers nationwide. Typical homeowners may want to look elsewhere for a home warranty unless they are overseeing the construction of a home. The company is headquartered in Harrisburg, Pennsylvania and was founded in 1981.

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Pros

  • Simple Warranty Plan
  • Warranty is Transferrable
  • Extended Warranties

Simple Warranty Plan

Residential Home Warranty's website states that "one short application enrolls the home." It can be easy for some consumers to get lost in the shuffle of plans, options, and limitations when it comes to purchasing a home warranty, and Residential keeps it simple with one straightforward plan.

Warranty Is Transferrable

A home warranty provided by Residential Home Warranty is transferable, meaning it can be carried on to the next owner if the home is sold. This typically helps a home sell faster on the real estate market and increases its value.

Extended Warranties

Residential Warranty Company offers two types of extended warranties for appliances and systems. The Key Estates Certified Warranty includes coverage on appliances and systems in resale homes. Structural coverage is also an option. This warranty is offered nationwide. If sellers or buyers are interested in having coverage for a home that is on the market, their Realtor can purchase this warranty for them on their behalf

The second extended warranty the company offers is the Platinum Advantage Warranty and is available for coverage on appliances and systems in newly built homes. This warranty is purchased by the builder or manufacturer (this particular warranty is only available in select states).

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Cons

  • For Builders Only

For Builders Only

Many features that average homeowners are looking for in a home warranty company may not be present with Residential Warranty Company because the company caters primarily to builders, remodelers, and manufacturers. However, since Residential Warranty Company's warranties are for newly constructed homes, builders, remodelers and manufacturers can purchase the warranty for their homes, then pass that value and peace of mind onto their homebuyers.

The company also has a wide selection of warranties to choose from, including the standard 10-year warranty, state-specific warranties, remodeling, commercial, building systems, HUD-Code, and more. So although the company caters specifically to builders, its offerings are still competitive in the industry. 

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The Bottom Line

If you are a builder, remodeler, or manufacturer, Residential Warranty Company could be a very viable option for you. However, the majority of homeowners are not, so those individuals might want to look elsewhere for a home warranty company. 

View Best Home Warranty Companies

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Star Rating

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1.3

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11 Reviews

Review Breakdown

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91%

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Irene Orenchuk Edmonton, AB

All of my four stars review is exclusively for service provided by Lane C, General Manager. I was given this warranty with the purchase of my new home. Couple of days after I moved in a leakage was discovered in basement. Two plumbers have been called to find out the problem. Finally, the problem has been found (and I was charged $99): It was the main floor powder room faucet that aged and was leaking for a long time, causing damage to the floor and cabinets. Since this issue had been overlooked on the initial inspection, I called both home inspector and RWC. I called them and the person that I spoke with on the phone asked me my issue and told me that I would be covered if I submitted a claim and assured me I would be covered up to $500. I did two estimations and emailed them to the insurance company and again made a call to make sure they choose the one that seemed more reasonable/professional to them before I went forward with this replacement. Representative again assured me that I would definitely be approved upon processing and I can send them actual invoice. When the job was completed, I sent them invoice with the breakdown of parts and labor, (separate prices with part numbers) as well as a specific cause for the failure in writing from a licensed contractor fully expecting to get reimbursed. Three days later, I received a denial email based on a reason that made me think they're looking for reasons not to pay or they're trying to stall until I give up. Of course, I was furious because I was led to believe that my claim was going to be approved. I decided to just call the famous Lane, the name, I found on another reviews instead of writing a negative comments in social media. How surprised I was when my call was answered immediately, without this brain -scrambling tune interrupted every 20 seconds by a robotic intoning “You call is important to us. Please stay on the line….”. He was able to find my resubmitted paperwork and he approved my claim, and I received an email from him letting me know a check will be on the way within 30 business days. I could not be happier about how well and how easily he handled things for me. Thank you so much Lane! Irene

5 years ago