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.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
‘Structural Shift’ Occurring in California Surplus Lines
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 

