Monday, April 27, 2009

Home warranties increase even as home sales fall

BY ALESHIA HOWE April 27, 2009

Anxious buyers and sellers aren’t the only ones keeping a close eye on the Texas home market these days. After testing its home warranty package in several states throughout the nation, Bedford-based Warrantech Corp. launched its Warrantech Home Assurance Plan in Texas at a time when recession worries seem to be helping the warranty industry.

Warrantech Home Service Co. launched its home assurance plan, hired 17 sales representatives throughout Texas to begin touting the product and has plans to hire at least 10 more in coming months.

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