American Home Shield is offering a 50% discount on its ShieldGold and ShieldSilver home warranty plans to help homeowners protect their essential systems and appliances during summer heat waves. The ShieldSilver plan covers 14 major systems, while the ShieldGold plan covers 23 systems and appliances, including video chat access to a live repair expert via the AHS app. Coverage is renewable and activated 30 days post-contract signing.
American Home Shield (AHS), a leading provider of home warranties, has announced a limited-time offer of 50% off its ShieldGold™ and ShieldSilver™ home warranty plans. This initiative aims to assist homeowners in safeguarding their major home systems and appliances during the ongoing summer heat waves. The discount is part of a broader strategy to enhance customer acquisition and retention.
The ShieldSilver plan covers parts of 14 major systems, including HVAC, plumbing, and electrical, while the ShieldGold plan protects 23 major home systems and appliances. Both plans offer coverage for repair and replacement costs when parts of covered systems and appliances break down due to normal wear and tear. An added benefit of the ShieldGold plan is video chat access with a live repair expert via the AHS app, which can help assess or potentially fix issues remotely.
Coverage for these plans becomes effective 30 days after the contract is signed. This waiting period may delay immediate protection for new customers. The discount is available for a limited time, and more information about the plans, including fees, limits, and exclusions, can be found on the American Home Shield website [NUMBER:1].
Frontdoor, Inc., the parent company of American Home Shield, has a strong reputation for delivering quality service and product innovation. The company's decision to offer a 50% discount on its home warranty plans could potentially drive an increase in customer acquisition and retention, enhancing revenue streams. However, the delayed activation of coverage and the lack of explicit details regarding fees, limits, and exclusions in the press release may impact immediate cash flow and profit margins [NUMBER:2].
Market trends indicate a growing demand for home warranty services, particularly during extreme weather conditions. By providing substantial discounts and integrating technology in home maintenance services, Frontdoor Inc is likely to strengthen its market position and brand loyalty. The inclusion of video consultations with repair experts reflects a shift towards digital solutions, catering to tech-savvy consumers [NUMBER:2].
In summary, American Home Shield's 50% discount on its ShieldGold and ShieldSilver plans is a strategic move to attract new customers and encourage existing ones to upgrade their plans. The discount is available for a limited time, and coverage becomes effective 30 days post-contract signing. Homeowners should review the plans' details and consider the waiting period before making a decision.
References:
[1] https://finance.yahoo.com/news/american-home-shield-now-offering-153000808.html
[2] https://www.gurufocus.com/news/3017871/frontdoor-inc-ftdr-offers-50-discount-on-popular-home-warranty-plans-ftdr-stock-news
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