Old Republic Home Protection has introduced an expanded standard plan and optional coverage choices with home protection coverage in Florida.
Gwen Gallagher, president of Old Republic Home Protection, said: By providing the most comprehensive coverage available at a price that is unmatched, Old Republic Home Protection makes it possible for more home sellers and buyers, and their real estate professionals, to ‘custom-fit’ the home warranty plan to each home’s specific needs. The enhanced plan and optional coverage choices ‘fill in some gaps’ in coverage commonly found in home warranty plans, providing more coverage at a great value.
In today’s changing real estate market, home buyers expect more for their money, and having a home protection plan in place increases a home’s value. When the plan selected offers enhanced coverage, it’s a double win.
Mr Gallagher said the plan reduces the likelihood of major out-of-pocket expense due to a home system or appliance outage and results in fewer denied claims, thereby reducing risk to real estate professionals and their clients. This is expected to make clients satisfied with the broader coverage, and they are likely to recommend the real estate professionals who offer this service to others.