HomeServe and CenterPoint Energy Launch New Coverage for Electric Vehicle Home Charging Protection Plan
March 24 2021 - 7:00AM
Business Wire
HomeServe and CenterPoint Energy have partnered to launch an
industry first product now available to CenterPoint’s Texas
customers. Building on current repair service plan from HomeServe
that covers problems with CenterPoint customers’ interior electric
wiring, the new offering will allow residential customers with
Electric Vehicles (EV) to add enhancement coverage for their home
EV charging systems.
Starting at just $8.99 per month, the new no-deductible coverage
will provide up to $500 in reimbursement for a Level 2 home EV
charger that stops working due to normal wear and tear. The
additional EV charger coverage is on top of the core Interior
Electric plan elements, which includes up to $2,500 of annual
coverage for repair or replacement of the high voltage wiring
including switches, outlets and disconnect boxes that are damaged
due to normal wear and tear.
“Americans are increasingly buying Electric Vehicles with the
market expected to grow by over 20% each year between 2019 and
2030*. As more and more Americans bring these cars home, they are
also faced with the challenge of ensuring their cars can easily be
charged while parked in their driveways and garages,” said Tom
Rusin, Global CEO of HomeServe Membership. “HomeServe is excited to
be among the first to offer this new coverage that gives peace of
mind to EV owners, ensuring quick repair or replacement of their
home charging station if it breaks down.”
A HomeServe 2020 Electric Vehicle Charger Study found that 75%
of EV owners use a Level 2 charger for charging at home and that
almost three-quarters of prospective EV buyers (74%) are worried
that their charger could break or malfunction. The survey also
found that almost one-third of EV owners (29%) expect their utility
to help with their home charging needs, and an almost unanimous
number of respondents (97%) who use a Level 2 charger at home said
they would be interested in an offer from their electric utility
that included EV charger installation.
The available coverage is expected to be rolled out across all
of CenterPoint Energy’s coverage area later this year.
"Electric Vehicle Market by Vehicle (Passenger Cars &
Commercial Vehicles), Vehicle Class (Mid-priced & Luxury),
Propulsion (BEV, PHEV & FCEV), EV Sales (OEMs/Models) Charging
Station (Normal & Super) & Region - Global Forecast to
2030", Electric Vehicle Market, June 2019
About HomeServe
HomeServe USA Corp. (HomeServe) is a leading provider of home
repair solutions serving more than 4.5 million customers across the
US and Canada under the HomeServe, Home Emergency Insurance
Solutions, Service Line Warranties of America (SLWA), Service Line
Warranties of Canada (SLWC) names, and through locally branded HVAC
companies located in major metro areas. Since 2003, HomeServe has
been protecting homeowners against the expense and inconvenience of
water, sewer, electrical, HVAC and other home repair emergencies by
providing affordable repair coverage, installations and quality
local service.
As an A+ rated Better Business Bureau Accredited Business,
HomeServe is dedicated to being a customer-focused company
supplying best-in-class repair plans and other services to
consumers directly and through over 1,000 leading municipal and
utility partners.
HomeServe has teamed up with executive producer, host, and
best-selling author Mike Rowe, best known as the creator and host
of the hit TV series Dirty Jobs, to work together to provide
homeowners expert advice on maintaining, enhancing and protecting
their homes. For more information about HomeServe, a Great Place To
Work certified winner and recipient of thirty 2020 Stevie Awards
for Sales & Customer Service, or to learn more about
HomeServe's affordable repair plans, please go to
www.homeserve.com. Connect with HomeServe on Facebook and Twitter
@HomeServeUSA. For news and information follow on Twitter
@HomeServeUSNews.
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version on businesswire.com: https://www.businesswire.com/news/home/20210324005077/en/
Myles Meehan HomeServe USA Phone: 203-356-4259 Email:
Myles.Meehan@homeserveusa.com
Claire Deneen Hill+Knowlton Strategies for HomeServe Phone:
312-255-3134 Email: homeserve@hkstrategies.com
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