LOUISVILLE, KY, AUGUST 10, 2021—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 warranty
solution 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.
About Hornbeam Insurance Company
Hornbeam is a property casualty insurance company focused on the warranty and specialty insurance market. Hornbeam is affiliated with American Life and Accident Insurance Company of Kentucky, which was founded in 1906, serving the life insurance markets throughout the United States. Hornbeam Insurance and American Life are both owned by Hardscuffle Incorporated, a holding company. Find more information at http://www.hornbeaminsurance.com.
About Professional Warranty Service Corporation
PWSC is nationally recognized as a risk management partner in the home building industry, protecting more than 1.7 million homes from America’s top builders through warranty programs. As the housing market continues to evolve, so does PWSC. With nearly a century of combined in-house builder experience with multiple top ten builders, the PWSC team is uniquely positioned to lead the charge in offering groundbreaking, comprehensive risk management solutions to the
residential construction and real estate industries. Find more information at www.pwsc.com.