[CHANTILLY, VA, AUGUST 22, 2024] – PWSC is expanding its risk mitigation services to existing homeowners with its latest iteration of the HomePRO System and Appliance Warranty. The new product protects homes of all ages and sizes and joins PWSC’s renowned line of HomePRO warranties to bridge a critical service gap: system and appliance protections for older homes.
Prior to the new product launch, PWSC offered warranties exclusively to home builders, property managers, and institutional property owners. PWSC created the newest version of HomePRO specifically with homeowners in mind. The warranty provides comprehensive protection for most standard home appliances and systems. Now homeowners nationwide have direct access to this essential coverage.
Home system and appliance repair costs have increased by 15% in recent years. Industry research shows homeowners spent an average of $6,000 on maintenance in 2022. Unexpected repairs comprised about $2,000 of the total. Unfortunately, one in three homeowners have less than $1,000 saved for home maintenance emergencies. HomePRO addresses these realities by covering the system and appliance repair/replacement costs that catch homeowners off guard.
“PWSC recognizes that owning a home is getting harder and more expensive. HomePRO simplifies things, giving homeowners some much-needed financial peace of mind. Now PWSC has a warranty for every home of any age or size—from new builds to rentals and even fixer-uppers,” said Paul Weckerly, president and CEO for PWSC.
The direct-to-consumer warranty also benefits insurers, who have been battling against rising property claims in recent years, by helping homeowners address small repairs before they become big claims.
Ironwood Warranty, LLC is partnering with PWSC as the licensed obligor on the new warranty.
Julie Messer, Ironwood Warranty, LLC’s COO, added, “Expanding our relationship with PWSC, a proven industry partner, is important for existing homeowners. We know this warranty offers top-notch protections and support to make homeownership easier. We’re proud to put our name behind it.”
PWSC invites homeowners to explore the warranty’s benefits in securing homes against the inevitable “uh oh” expenses that create financial hardships. For more information or to purchase protection, visit https://www.pwsc.com/homepro-retail/.
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About PWSC
PWSC is a nationally recognized warranty and insurance provider, protecting more than 1.9 million homes, homeowners, and America’s top builders and property managers. As the housing market evolves, so does PWSC. With more than a century of combined industry experience, the PWSC team leads the charge in offering groundbreaking, comprehensive risk management solutions to the residential construction and real estate industries. Find more information at www.pwsc.com.
