16.03.2009 19:37:00
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Risk Reduction on a Brand New Front
Old Republic Home Protection is now administering a Qualified CRES Home Warranty Plan in the state of California, providing real estate professionals with greater risk reduction. In addition to the budget protection and peace of mind that come with home warranty coverage, ORHP’s new CRES Preferred Coverage Plan qualifies CRES Members for added benefits including a reduction - up to $2,500* - on an agent’s Errors & Omissions deductible. When the agent represents a home seller, the home seller also receives a Seller’s Protection Plan, which includes $25,000 of E&O coverage in the event a lawsuit is brought against the home seller.
ORHP’s innovative CRES Preferred Coverage Home Warranty Plan, which is available solely to members of the Real Estate Agents Alliance Purchasing Group, includes a unique Structural Warranty Option, which covers against failure of certain structural system components, up to $10,000.
To ensure the success of the new CRES program, Old Republic Home Protection has added Monique Campbell to their staff as the CRES Liaison. Her responsibilities will include assisting ORHP’s Account Executives with office presentations on the new CRES product, and providing a direct point of contact for real estate brokers seeking additional information on the program.
The winning combination of CRES’ E&O protection and a comprehensive home warranty, backed by Old Republic Home Protection’s world-class Customer Service, provides real estate professionals with a product that represents the very best of both industries. To get more information and full details of coverage for the CRES Preferred Coverage Home Warranty Plan, visit www.cresinsurance.com or www.orhp.com.
*The Seller’s E&O Coverage and E&O deductible reduction benefits are arranged by the Members of the Real Estate Agents Alliance Purchasing Group (REAAPG) and are exclusively available to its members through CRES Insurance Services.
About Old Republic Home Protection
Their Product
A home warranty is a one-year service contract that repairs/replaces a home’s systems and appliances that fail due to normal use during the term of the contract. Optional coverage is also available to custom-fit coverage for the home. Please see a state-specific Plan for details of coverage
Their History
Old Republic Home Protection is currently the third largest home warranty company nationwide, conducting business in 20 states coast to coast. ORHP is a member of the Old Republic International Group of Companies (ORI), one of the nation's 50 largest publicly held diversified financial services institutions.
For more information regarding Old Republic Home Protection, visit www.orhp.com.
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