Before I say anything else, let me be clear: In no way, shape, or form am I or VAR endorsing this, recommending it, or even saying it’s real. This is strictly in the category of “That’s interesting.” It may be great, it may be terrible. I don’t know. Do your own due diligence.

That said…

GDI Insurance in Turlock, Calif., is offering what it calls a “Home Buyers Market Value Warranty.” Essentially, if 5-10 years after a purchase a home is sold for less than what the buyer paid, GDI will make up the difference — up to 20% of the home’s value.

Be clear about that: If you sell the house before owning it five years, you can’t collect. Ditto if you wait more than 10.

HVW provides assurance and peace of mind that the value of the home will not decrease; which is a considerable assurance for the buyer since the home is typically the largest single investment made by most Americans.

The company is promoting the policy to builders and real estate agents as a way to help skittish buyers feel protected from being under water.

More information is at the GDI Insurance site.