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HomeServe Offers Solutions To Help Homeowners Stay On Budget

Leading provider of emergency repair service plans recommends that homeowners prepare for potential emergency repairs when budgeting for 2013


News provided by

HomeServe USA Corp

Jan 30, 2013, 10:00 ET

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STAMFORD, Conn., Jan. 30, 2013 /PRNewswire/ -- According to a recent nationwide survey, 46% of consumers typically consider making a financial resolution at the start of a new year.¹ Whether these resolutions are to save money or pay off debt, consumers are interested in options that help them spend less and retain more in their wallets.

HomeServe (HomeServe USA Corp.) wants to remind homeowners that managing personal finance can be critical. One of the most important things a homeowner can do is to create a budget and resolve to follow it throughout the year. In addition, creating a budget can help determine where money can be saved in the future.

A practical budget plan should include recurring housing expenses and other normal cost of living expenses. These types of housing and living expenses can typically be predicted and managed to decrease costs. However, unexpected emergency home repairs, such as a broken water line or clogged sewer line can often arise when least expected and become an expense a homeowner is unprepared for. Investing in an emergency repair service plan can help provide financial relief and peace of mind when a home emergency does occur.

"One of the challenges of home ownership is that the potential for repairs is always out there," said Tom Rusin CEO of HomeServe USA. "Homeowners should always be prepared to protect their biggest investment, and allocate funds to cover themselves in the event of an emergency. Signing up for an emergency repair service plan helps reduce what otherwise can be a significant out of pocket cost for homeowners. This kind of coverage can provide a finance-saving alternative to using credit cards or borrowing money."

HomeServe, a leading provider of emergency repair plans, offers homeowners a financial risk management tool to protect from costly and unexpected home repair costs while also providing qualified service contractors to make the repairs and take the worry out of home emergencies. HomeServe is currently offering its Water Service Line Protection Plan to residents in Alabama, Arkansas, Washington, D.C., Florida, Georgia, Iowa, Kentucky, Massachusetts, North Carolina, Nebraska, New Mexico, Nevada, New York, Ohio, Rhode Island and West Virginia via an optional direct mail offer this week. Homeowners living throughout the country should visit www.homeserveusa.com to learn more about protection plans.

About HomeServe
HomeServe USA Corp (HomeServe) is an independent provider of Emergency Repair Service Plans. Since 2003, the company has protected homeowners against the expense and inconvenience of water, sewer, electrical, HVAC and other home emergencies by providing affordable coverage and quality service. HomeServe serves over 1.2 million homeowners in the US and Canada and dedicates itself to being a customer-focused company providing best in class emergency repair plans through utility partners and directly to customers. For more information about HomeServe, please go to www.homeserveusa.com, follow us on www.twitter.com/homeserveusa and like us on Facebook at www.facebook.com/homeserveusa.

Sources
¹ https://www.fidelity.com/static/dcle/welcome/documents/resolutions-2013-executive-summary.pdf

SOURCE HomeServe USA Corp

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