For contractors, warranties may help differentiate specific product tiers and, with extended service contracts, improve the value proposition to customers.
Mitsubishi Electric US Cooling & Heating Division has announced a collaboration with JB & Associates Extended Warranties LLC. (JB&A) to be its new provider of extended service agreements.
While there are pros and cons to offering extended warranties, most contractors agree offering this added assurance differentiates themselves from their competition and makes them that much more valuable to customers.
Just about every manufacturer recommends homeowners have their air-source heat pumps serviced twice a year — once in the spring and once in the fall. Most believe that semi-annual maintenance helps keep equipment operating at peak performance and ensures the unit is ready for the heat of summer or cold of winter.
Customers in Pennsylvania who sign up for new residential electric service with Direct Energy can also receive a free six-month trial of Direct Energy’s “Heating and Cooling Repair Essential Plan.”
American Home Shield, one of the largest home warranty companies in the country, announced it has entered into an agreement to acquire HSA Home Warranty, a leading competitor. Company officials said they expect the sale to close within the next 30 to 60 days, and to create important expansion opportunities for both brands.
Cross Country Home Services (CCHS), a leading provider of home warranty and maintenance plans, has formed a partnership with Ferguson Enterprises, a leading wholesale distributor of residential plumbing supplies and HVAC equipment, to supply water heaters and HVACR equipment to warranty customers nationwide.
Contractors in the American Home Shield network, including HVAC, plumbing, and electrical, are eligible to earn a share of $1.2 million in bonuses for quality performance and customer satisfaction in 2013.