Is Home Depot self-insured?
Asked by: Virgie Stark I | Last update: November 9, 2025Score: 4.3/5 (5 votes)
What happens if I get injured at Home Depot?
In order to bring a successful claim against Home Depot in California, you must be able to show the following: Home Depot was aware that there was an adverse condition on its property but did nothing to correct it. Employees or management allowed for dangerous conditions on the property, which led to the injury.
Who insures Home Depot?
Protect your investment with The Home Depot Protection Plan by Allstate. What is The Home Depot Protection Plan? It's all the coverage you need to ensure peace of mind for any protected product purchased from The Home Depot.
Who handles Home Depot claims?
First and foremost, The Home Depot uses an independent adjusting firm called Sedgwick Claims Management Services, Inc. to handle many of its premise liability claims. They may ask for a recorded statement. They may deny your claim.
What type of ownership is Home Depot?
Home Depot is mainly owned by institutional investors, who own around 70% of shares. The largest shareholders in December 2023 were: The Vanguard Group (9.49%) BlackRock (7.15%)
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Are Home Depot's independently owned?
For the savvy business owner looking to get established in this space, owning a The Home Depot franchise might seem like a viable option to pursue. However, the company doesn't offer franchises; all locations are company-owned.
Does Home Depot own their properties?
Most retail businesses (including the Best Buy) own very little real estate. Others own alot like McDonald's ($40b+), Costco (most of their stores), Home Depot (~90% of their stores), and Target (85+% of its stores).
Are there any lawsuits against Home Depot?
Company to Pay Nearly $2 Million to Settle Civil Complaint
SAN DIEGO, CA- Los Angeles County District Attorney George Gascón announced today that Home Depot will pay $1,977,251 to settle a civil law enforcement complaint alleging the company engaged in false advertising and unfair competition.
What is the warranty policy at Home Depot?
General Merchandise Protection plans cover things like power tools, outdoor equipment, patio, grills and more. Most products come with a manufacturer's warranty that lasts 90 days to one year from the date of purchase and covers product defects, breakdowns, plus mechanical and electrical failures.
How do I file a damage claim with Home Depot?
How do I file a claim? Please visit www.homedepot.com/protectionplans to easily file and track a claim. You may also call 1-800-HOMEDEPOT (1-800-466-3337), 24 hours a day, 7 days a week to file a claim.
Does Home Depot self insure?
That way an incident report will be created that accurately details the facts of the accident. If you leave the store and fail to report the event, you can call the store and report it after the fact. Home Depot is self-insured and generally uses Sedgwick as a third-party administrator to manage their claims.
What does a protection plan cover?
That's where product protection plans come in. Also known as service plans or extended warranties, product protection plans can cover defects, accidents, or damage to products and even allow consumers to get them replaced or repaired at no additional cost.
Is Home Depot financially stable?
The Home Depot has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is.
What can not be returned to Home Depot?
Returning Products Containing Hazardous Materials: Due to safety hazards, items that use flammable liquids or gases cannot be returned through the mail, even if the item was drained of these materials. This would include items like lawn mowers, leaf blowers and any other items that use flammable liquids or gases.
Does Home Depot treat their employees well?
Good environment. The coworkers are all very helpful and knowledgeable. You go through very slow hours and then a flood of customers will come in all at once. Pay was okay, but definitely not competitive.
Can a worker sue a homeowner for injury?
Many homeowners believe that they cannot be held responsible for injuries suffered by contractors working on their property. In California, if someone gets injured while working on your property, you can be held liable for their injuries and damages.
What insurance company does Home Depot use?
Home Depot - Allstate Benefits.
What does home warranty insurance cover?
A home warranty plan protects the appliances and systems in your home: major home appliances, electrical, plumbing, and HVAC systems. Unlike your homeowners insurance policy, which protects your home from covered perils, a home warranty is a service contract that covers general wear and tear.
Do I need a receipt for a Home Depot warranty?
You'll need this receipt to file a claim. Paper receipts from stores can be misplaced or fade quickly. By saving your receipt with us, you'll have everything you need should something happen to your protected product. I just purchased a product and plan at HomeDepot.com.
Is Home Depot losing customers?
Home Depot has seen its same-store sales decline for seven straight quarters and counting. Despite this, the stock has been resilient and risen since the end of 2022. The company could turn things around by late 2025.
What is a Home Depot weakness?
Home Depot's Weakness. 1. Lack of Geographical Diversification. Home Depot operates about 2,316 stores in North America, with approximately 182 in Canada, 129 in Mexico, and the rest in the United States. This focus exposes a significant weakness: an overreliance on the North American market.
What is The Home Depot price scandal?
A lawsuit brought by prosecutors in six California counties alleged stores sometimes used regular prices for items on sale. SAN DIEGO — The Home Depot agreed to a nearly $2 million settlement in a case that alleged it overcharged customers, charging more for items at checkout than the items' advertised prices.
What NFL owner owns Home Depot?
An interview with Arthur M. Blank, the billionaire co-founder of the Home Depot, and the owner of the Atlanta Falcons NFL team and the Major League Soccer team Atlanta United, about his servant leadership philosophy, lessons learned and his life's purpose.
What company did Home Depot buy out?
Home Depot announced Thursday that it is spending $18.3 billion to buy SRS Distribution, a huge building-projects supplier that counts professional roofers, landscapers and pool contractors as its primary customers.
Is Lowe's owned by Home Depot?
Home Depot does not own Lowe's and Walmart doesn't own Lowe's, either. Both companies are publicly traded corporations, which means that anyone who can afford it can purchase shares of Lowe's or Home Depot.