Introducing HomeServe Tech Protection

Rhea-AI Summary

HomeServe has launched HomeServe Tech Protection, a multi-device protection plan aimed at enhancing customer engagement for utility companies. Targeted at low- and moderate-income households, the service covers smartphones, tablets, computers, and TVs for $11.99 monthly, with unlimited claims up to $3,000 annually. The program, currently available through seven utility partners, seeks to meet consumer demand for comprehensive device coverage. HomeServe aims to expand this offering into more markets, increasing overall customer satisfaction.

Positive

• Launch of HomeServe Tech Protection to enhance customer engagement.
• Plans start at $11.99 per month, covering multiple devices.
• Unlimited claims up to $3,000 annually provide strong customer value.
• Program available through seven utility partners, with plans for further expansion.

Negative

• None.

A New Offering for Utilities to Increase Customer Engagement and Satisfaction

NORWALK, Conn.--(BUSINESS WIRE)-- Engaging customers is a challenge for utility companies, especially renters and low-and moderate-income homeowners because they may not need or be able to afford traditional energy-efficiency programs that are more widely adopted by other customer segments. One thing all groups have in common is that they own one – or more - smart phones, tablets, computers, and televisions. These devices are essential for people to stay connected to family, friends, work, education, entertainment and more, so when they malfunction or are damaged, it can be a major disrupter of daily life.

New Engagement Opportunity for Utilities

That’s why HomeServe launched HomeServe Tech Protection, a first-of-its-kind multi-device protection plan that includes smartphone coverage to be available only through utilities, enabling utilities to expand their customer engagement with a value proposition of interest to all customer segments. Through HomeServe Tech Protection, utilities can provide a solution that solves common problems for any customer with an affordable plan that covers all their essential devices.

“We know that approximately two-thirds of consumers would prefer to have one plan that protects their mobile phones with their other important connected devices, yet manufacturers, wireless carriers and retailer plans haven’t fully addressed this customer need with an affordable solution. The Tech Protection plan, offered through our utility partners, covers all mobile phones and tablets, computers and TVs within a customer’s home for one attractive price point,” explained Luis Quiroga, HomeServe’s SVP of Product. “By expanding the HomeServe customer promise into the connected device category, we are enabling utilities to expand into new customer segments with a convenient, money-saving option to keep their customers connected and engaged. We are thrilled to now be in market with the Tech Protection program with seven of our utility partners, and we look forward to expanding in the coming months.”

HomeServe Tech Protection has launched with seven of the company’s utility partners in select territories. Program availability will continue to roll out to additional markets in the coming months. By making HomeServe Tech Protection plans available to both homeowners and renters, utilities can bring a valuable new service to help their customers fill a void in available coverage for the electronic devices they use most frequently and, as a result, increase customer satisfaction.

Affordable and Easy

Plans start at $11.99 a month, provide unlimited claims up $3,000 per year on any three covered devices, new or used, and include a 90-day guarantee on covered repairs. Instead of having to purchase individual coverage for each device, a single plan covers all smartphones, TVs, tablets and computers against the most common types of damage, including drops, cracks and spills. Also covered are normal wear and tear, electrical surge damage, and malfunctions due to defects.

And the claims submission and repair processes are easy. Customers with a plan can quickly submit a claim online and can get repairs made multiple ways: at one of over 1,300 local affiliate repair storefronts, by mailing smaller devices into a repair depot, or in-home for larger devices like flat screen TVs.

Utilities interested in learning more about how HomeServe Tech Protection can help expand their customer value can visit www.homeserveutility.com/tech-protection/.

About HomeServe

HomeServe USA Corp. (HomeServe) is a customer-focused company that enables utilities and municipalities to educate, protect and advocate for their customers who are faced with home repair emergencies. Serving more than 4.8 million customers across the US and Canada and working through over 1,100 leading municipal and utility partners, HomeServe protects homeowners against the expense and inconvenience of plumbing, electrical, HVAC and other home repair emergencies.

Through its network of skilled locally based technicians, HomeServe makes a repair or install in a customer’s home every 34 seconds. HomeServe is also a leading provider of residential energy efficiency solutions. Over the past twelve months, HomeServe has installed almost $100 million dollars’ worth of residential HVAC efficiency upgrades.

HomeServe has an exceptional customer satisfaction rating, is accredited with an A+ grade from the Better Business Bureau and the Service Line Warranty Program is endorsed by the National League of Cities. For more information about HomeServe, a certified Great Place to Work^® and Stevie^® Awards for Sales and Service winner, please go to www.homeserve.com. Connect with HomeServe on Facebook and Twitter @HomeServeUSA and on LinkedIn @HomeServe-USA. For news and information follow on Twitter @HomeServeUSNews.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221018005382/en/

HOMESERVE MEDIA:

Myles Meehan

HomeServe

Phone: 203-356-4546

Email: Myles.Meehan@homeserveusa.com

Kristin Elder

Hill+Knowlton Strategies for HomeServe

Phone: 703-835-6245

Email: Homeserve@hkstrategies.com

Source: HomeServe

FAQ

What is HomeServe Tech Protection?

HomeServe Tech Protection is a multi-device protection plan covering smartphones, tablets, computers, and TVs, accessible through utility companies.

What is the cost of the HomeServe Tech Protection plan?

The plan starts at $11.99 per month.

What does the HomeServe Tech Protection plan cover?

It covers common damages including drops, cracks, spills, and electrical surge damage for multiple devices.

How many utility partners currently offer HomeServe Tech Protection?

The program has launched with seven utility partners.

What is the maximum annual claim amount for HomeServe Tech Protection?

Customers can make unlimited claims up to $3,000 annually.