Programs
What is the Home Service Plan (HSP)?
The Home Service Plan is designed to eliminate your out-of-pocket expense (deductible) when you file a structural claim with your homeowner’s insurance company. Normally, homeowners insurance policies require you to pay a deductible when filing a claim for damage to your home. With the Home Service Plan, we waive that deductible, reducing your out-of-pocket expenses and making it easier to hire a professional to do the necessary work.
What other advantages does the Home Service Plan offer?
In addition to eliminating your deductible, the Home Service Plan offers other advantages. Our main focus is on convenience and economic value. By choosing our plan, you may even have the option to reduce your homeowner’s premium by increasing your deductible. Ask your insurance representative about the options for deductibles when comparing policies.
Most homeowners’ insurers offer a minimum $500 or $1,000 deductible and raising the deductible to more than $1,000 can save on the cost of the policy. Of course, our plans are designed to waive that deductible but make certain that your new deductible makes sound financial sense.
