Choice Home Warranty Banned from Selling in Georgia

If you have signed up to get a home warranty from Choice Home Warranty, Georgia’s Insurance and Safety Fire Commissioner says they can no longer sell home warranties in Georgia.

In a press release Wednesday, Insurance Commissioner John King said Choice Home Warranty is prohibited from selling or soliciting home warranty or service contracts in Georgia.

In March, a Cease-and-Desist order was issued against Choice Home Warranty for failing to meet the surety bond requirements established under Title 33 of the Official Code of Georgia Annotated.

The company has failed to post the required bond in an amount of not less than $100,000.00 despite previous warnings.

This requirement ensures that Georgia consumers are protected in case a warrantor cannot pay out claims.

Georgia consumers who have purchased a home warranty or service contract from Choice Home Warranty will remain covered through the maturity of their purchase.

King said Consumers are not required to take any action at this time.

However, Commissioner King offers consumers tips for purchasing home warranty or service contracts:

First, determine your needs – Not all products are the same, and some may not offer the protection you need.

Second, shop around – Get multiple quotes that can help you find the lowest price.

And read before you sign — Never sign a contract without reading it first.

Anyone with questions about Choice Home Warranty can contact the Insurance Commissioner’s Consumer Services Division 1-800-656-2298.