Despite record cost increases, we continue to provide your clients with the home warranty coverage they deserve. That's why we're adjusting our prices effective October 1, 2021, and giving you this sneak peek now.
Unexpected home system or appliance breakdowns are inevitable. Give your clients peace of mind with the right home warranty coverage. They'll spend less money on repairs and replacements with industry-leading, comprehensive home warranty coverage from ORHP... and they'll thank you for it!
Be sure to include enough home warranty funds in your future purchase agreements to cover the best plan level and options to suit your client's needs.
Our plan holders, like most Americans, are spending more time at home than ever before, and home system and appliance service calls are on the rise.
We handled unprecedented demand for service over the past year—a true testament to the value and necessity of a home warranty.
~900,000 service requests handled |
~10% increase in work orders received |
~20% increase in net claims costs |
When ORHP was founded in 1974, the median home price was just $35,000. Today, home prices are nearly ten times higher—the median price hit $347,500 in the first quarter of 2021.*
By comparison, the price of our average home warranty plan increased by approximately $200 over the same period. Our prices remain competitive and affordable.
You can be confident that we're committed to our mission of offering a well-balanced mix of home warranty coverage, price, and service with genuine care.
*Source: Federal Reserve Bank of St. Louis (FRED) Economic Research.
.svg)