What is a home protection plan?
A home protection plan provides repair or replacement coverage for mechanical failures of major appliances and systems, such as air conditioners, heaters, electrical, plumbing, refrigerators, washers, dryers and more. A Cinch home protection plan provides peace of mind for you and your clients before, during and after the sale of a home. For more information, click here.
How do the Cinch home protection plans work?
When a covered appliance or system fails, your client can request service in My Account, or they can call Cinch anytime — day or night. If the item is covered, your client will be assigned a service partner in their area to schedule an appointment time that is convenient for them. If the item is beyond repair, our service partner may recommend a replacement. This is a cost typically paid by Cinch. For more information, click here.
How would my sellers benefit from a Cinch home protection plan?
• Preferred-home status – Homes with a Cinch protection plan are considered preferred homes. According to Gallup, 8 out of 10 buyers prefer to buy a home protected with a home warranty.
• Valuable savings – A Cinch home protection plan can protect the seller from costly repairs while the home is listed for sale, and in most states, money is not due until closing.
• Reliable service – Our service center is available 24 hours a day and 365 days a year. Plus, we have over 18,000 licensed contractors in our service provider network.
• Closing delays avoided – A Cinch home protection plan minimizes the risk of a closing delay due to a system or appliance failure.
• 180-day workmanship guarantee – This states that covered repairs are guaranteed for 180 days. This is the longest in the industry.
How would my buyers benefit from a Cinch home protection plan?
• Valuable savings – Homeowners are protected against costly breakdowns of their covered appliances and systems.
• Reliable service – Our service center is available 24 hours a day and 365 days a year. Plus, we have over 18,000 licensed contractors in our service provider network.
• Exclusive, patent-pending Claim-No-Claim Warranty®* – Even if nothing breaks, buyers can receive up to $100 on HVAC maintenance (with no claim up to month 9).
• Appliance discounts – Whether renovating or upgrading, plan holders are eligible for deep discounts on new appliances through our Appliance Buyline® service.
• Coverage for lockouts – Plan holders receive up to $50 per year on locksmith services.
• 180-day workmanship guarantee –This states that covered repairs are guaranteed for 180 days. This is the longest in the industry.
* Not available in all states. See terms and conditions and limitations of the contract.
How does a Cinch home protection plan benefit real estate professionals?
A Cinch home protection plan minimizes the risk of a closing delay due to a system or appliance failure. Your clients will appreciate the protection and peace of mind from the valuable service you are recommending.
When a covered appliance or system fails, your clients will contact Cinch, not you. Cinch informs you when a client requests service, presenting you another opportunity to keep in touch with your client. When your clients are satisfied, you gain repeat business and referrals. Your clients will enjoy exclusive benefits like our Claim-No Claim Warranty®*, 180-day workmanship guarantee, locksmith services, Appliance Buyline discounts and more.
* Not available in all states. See terms and conditions and limitations of the contract.
How do I market a Cinch home protection plan to my clients?
Start by presenting your client with a Cinch benefits flyer. You can then follow up with the more-detailed Cinch brochure. Download a brochure.
Who can I call for questions or additional information on a Cinch home protection plan?
You can contact your local account executive or our customer care center if you need assistance.
What's my risk without a home protection plan?
The cost of system and appliance breakdowns can be substantial, especially if a replacement is needed. Use this calculator to assess your risk based on the age of your appliances.
How are home protection plans like health insurance?
Some home protection plan companies offer a "choose your own contractor" option when your covered appliances and systems need repair or replacement. While it can seem beneficial, there are some things to consider when using a warranty company that offers this type of coverage. Think of it like in-network versus out-of-network doctors in health care.
Just like with health care, there are typically more benefits to using in-network providers than those out of network when it comes to home protection plans. Learn more about how Cinch's in-network plans compare to out-of-network options.