"All homeowners deserve the opportunity to protect themselves from expensive water line repair costs especially in these difficult economic times," said Tom Rusin CEO of HomeServe USA.
Stamford, CT (PRWEB) April 10, 2012
Millions of American homeowners in 37 states from coast to coast will now have the opportunity to protect themselves and their finances from the high cost of water service line repairs, thanks to an initiative undertaken by HomeServe USA, one of the nation's leading providers of emergency repair service plans.
"All homeowners deserve the opportunity to protect themselves from expensive water line repair costs especially in these difficult economic times," said Tom Rusin CEO of HomeServe USA. "This kind of coverage can provide a finance-saving alternative to credit card debt or borrowing from friends and family."
A water service line emergency occurs when the pipe that delivers fresh water from the water main in the street to a home breaks or leaks due to normal wear and tear. Fifty percent of homeowners do not know that, in most cases, repairs are not covered by basic homeowners insurance, the water utility, or individual towns and communities, leaving the homeowner responsible for the entire repair bill.1 Repairs such as this can range between $1,500 and $3,000, and in some cases more. 64% of consumers do not have $1,000 on hand to cover unexpected home repairs2 and HomeServe estimates that there will be over 1 million water service line breaks nationally in the next 12 months.
HomeServe USA, with more than 1 million customers nationwide, will be offering its Water Service Line Coverage plan through a direct mail offer to consumers across the country. This optional service plan provides eligible homeowners with protection against the cost of covered water service line repairs. It also provides customers access to a 24-hour emergency repair hotline, and all repairs are performed by local, licensed and insured technicians. HomeServe USA has a 96 percent approval rating among customers surveyed after receiving service under the plans.3
“Like many other parts of homeownership, water service line emergencies are a fact of life,” concludes Rusin. "But now the expensive repair bill doesn't have to be, and people can protect themselves. All they need is the opportunity. We strive to provide it."
HomeServe USA Corp (HomeServe) is an independent provider of emergency repair service plans. The company was established in the US in 2003 and has grown to protect over 1 million customers across the US against the expense and inconvenience of water, sewer, electrical and other home emergencies. HomeServe dedicates itself to being a customer focused company offering best practices in marketing and service.
For more information about HomeServe, please go to http://www.homeserveusa.com
Editorial Contact, HomeServe: Beth Crisafi/Lauren Weybrew, Gibbs & Soell Public Relations, 212-697-2600, bcrisafi(at)gibbs-soell(dot)com or lweybrew(at)gibbs-soell(dot)com
Myles Meehan, 203-356-4259, HomeService(at)homeserveusa(dot)com
1. GfK Roper Custom Research, 2011
2. CNNMoney study http://money.cnn.com/2011/08/10/pf/emergency_fund/index.htm
3. HomeServe Post Service Customer Survey, 2011