What is a repair credit?

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A repair credit is the proposed cost of a repair less the deductible that can be applied as a credit amount or reimbursement toward the purchase of new equipment/appliance. If a homeowner doesn’t want their equipment/appliance repaired, they always have the option to use a repair credit. When the homeowner elects to receive a repair credit reimbursement, the delivery, installation, and associated fees related to the new appliance or component will be the responsibility of the homeowner.