LOUISVILLE, Ky.— Hornbeam Insurance Company and Professional Warranty Service Corporation (PWSC) partnered to develop the industry’s first home warranty specifically designed for property management companies with residential rental properties. PWSC, with the support of Hornbeam, recently introduced HomePRO™ Rental Property Protection to support property managers and landlords. This landmark solution streamlines property management by:
- Offering a fixed cost budget with no deductible for repairs.
- Covering breakdowns of appliances, water heaters and HVAC systems as well as electrical and plumbing.
- Providing renters 24×7 phone or online service to place and schedule a service request.
- Removing the hassle of sourcing and scheduling service on the property.
- Increasing tenant satisfaction and retention.
HomePRO allows property managers to focus on their business and property investment rather than answering service requests, scheduling service, and dealing with unexpected repair costs.“Hornbeam Insurance provided experience, knowledge and most of all, a ‘Can-do’approach when working with our team to introduce the industry’s inaugural warrantysolution for the property management market,” says Tyler Gordy, CEO of PWSC.“Hornbeam Insurance was excited to support PWSC to bring this unique new offering to the property management space. The HomePRO program really provides an opportunity to improve property manager efficiency and reduce tenant churn ,” says Kevin Callahan, President of Hornbeam.