Memphis, Tenn.’ Frontdoor, Inc. (NASDAQ: FTDR), the leading provider of home warranties in the United States, is making significant strides in enhancing home protection for homeowners. The company has announced the expansion of its exclusive agreement with Moen, a reputable brand in smart plumbing technology, to now include the installation of the Moen Flo Smart Water Monitor and Shutoff in seven additional states. This innovative product serves as a proactive measure to detect leaks and facilitate automatic shut-offs, thus safeguarding homes from water damage.
The need for such advanced protection systems is increasingly emphasized by home insurance providers who are beginning to require states to mandate the installation of leak detection devices as part of their coverage. With this expanded reach, homeowners in these seven new states will have access to the Flo Smart Water Monitor as part of select marketing programs offered in collaboration with insurance providers. The Moen Flo device not only monitors water usage but also provides homeowners with the capability to shut off their water supply remotely, adding an extra layer of security against potential water damage.
As Kathy Collins, Chief Revenue Officer of Frontdoor, stated, “Homeowners never plan for their systems and appliances to break down, but it’s an inevitable part of owning a home. This expansion aligns perfectly with our commitment to providing solutions that flex with each homeowner’s needs.”
In a parallel effort to alleviate the financial burden on homeowners, American Home Shield, a prominent brand under Frontdoor, is celebrating Labor Day with huge savings on its home warranty plans. From now until September 26, 2024, new members can enjoy an extraordinary 50 percent off select plans. This promotion includes the popular ShieldGold plan, as well as the ShieldSilver plan, designed specifically to help homeowners navigate the rising costs associated with home repairs and maintenance.
Collins emphasized the significance of such offers in a challenging economic landscape, saying, “With home repair and maintenance costs continuing to rise, we know the stress that puts on homeowners across the nation. For us, that means helping them worry a little less.”
American Home Shield’s timely promotional offer provides an affordable means for customers to secure their homes against unexpected failures of systems and appliances. With the comprehensive coverage included in these warranty plans, homeowners can take comfort in knowing they have a support system in place when it comes to maintaining their home investments.
This combination of the expanded agreement with Moen and the enticing savings on American Home Shield plans reflects Frontdoor’s commitment to enhancing homeownership experiences and ensuring peace of mind for all their customers. As both innovations and savings continue to shape the future of home maintenance, Frontdoor, Inc. stands at the forefront, ready to respond to the evolving needs of homeowners.
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