EFG Companies has launched a home warranty product designed to be sold by insurance agents.
The product, Simplicity Home Warranty, covers all non-manufactured, non-historic homes, regardless of square footage. The warranty includes protection for unknown pre-existing conditions; rust and corrosion; plumbing stoppages; sediment build up in the water heater(s); and the water or ice dispenser in refrigerators. Covered systems and appliances include the central A/C system, central heating system, and plumbing and electrical systems, as well as the dishwasher, garbage disposal, range cooktop, clothes dryer, water heater and garage door opener.
The warranty includes a 180-day workmanship guarantee, unknown pre-existing coverage, and repair vs. replacement benefits, according to the company.
Simplicity, a division of EFG, based in Irving, Texas, also offers payment protection plans for mortgages and leases; repair protection for vehicles in need of roadside and repair assistance; and vehicle extended warranties.
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