AHS or American Home Shield is a large provider of home warranties here in the US. Home warranties have long been popular with real estate agents to reduce the risk of claims against we agents for misrepresentation…A home warranty will take care of it, many agents assure themselves.
I have never been a fan of them because…well…I think the service stinks for the most part. That has been my experience and was dismayed to find that they added a section in our real estate contracts this year to talk about home warranties to make sure agents “talk to our clients” about them.
So, AHS recently announced a class action lawsuit settlement for…breech of contract. Pretty much you paid for a warranty and when it came time to fix something…they didn’t claimed the plaintiffs. Now some people have had a positive experience with AHS, but some haven’t, hence the lawsuit.
- You can file a claim if you purchased your home warranty (or one was purchased for you in a real estate transaction) after July 24, 2001 and you were denied service. I’m not sure what special event happened on July 24th to be honored with the starting time frame, but there it is. It takes any denied claims though December 31, 2008.
- AHS is admitting no wrong doing and is adamant about their position on this. For the sake of legal fees is agreeing to the settlement.