MIAMI, Oct. 8 /PRNewswire/ -- FPL Energy Services, an affiliate of Florida
Power & Light Company, today announced the availability of UtilityGard to all
FPL customers who own single-family or mobile homes. The program is marketed
for FPL Energy Services by Voyager Service Warranties, Inc. a member of
Assurant Group.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010621/FPLLOGO )
UtilityGard covers the cost of repairing damage to customers' electric
lines inside the home as well as water lines located inside and outside the
home should they become damaged as a result of normal wear and tear. For
example, normal wear and tear of water lines may take place when they begin to
leak as a result of natural expansion and contraction of the pipe material.
"Many homeowners share the thought that electric and water lines inside
and outside their homes are owned and maintained by the utility company.
However, internal electric lines, and internal and external water lines, are
the property and responsibility of the homeowner," said Bob Graessel, senior
product development manager, for FPLES. "When there's damage, these costly
repair bills may not be covered by homeowner's insurance. Or, the standard
homeowner's insurance policy may have a high deductible," Graessel said.
Ron Smith, vice president of utility and wireless distribution channels
for Assurant Group, said, "UtilityGard pays to repair many of the problems
that naturally occur as a home ages. With water lines, natural deterioration
is caused by normal expansion and contraction of the pipes which causes them
to leak and break both inside and outside a home. It costs an average of
$1,450 to replace an outside water service line. Replacement occurs in
75 percent of all reported water leaks."
Participants may choose from three basic UtilityGard plans which feature
no deductibles or co-payments:
* ElectricLineGard handles repairs up to $500 per calendar year for the
repair or replacement of inside electric lines due to normal wear and
tear. It also pays for repairs or replacement of all covered surfaces
to a basic finish, as well as openings in walls, ceilings or floors
related to the repairs.
* Outside WaterLineGard provides up to $3,000 per occurrence for
restoration or replacement of outside water lines due to normal wear and
tear. The plan includes basic site restoration, such as filling-in,
raking and reseeding of property. Outside WaterLineGard also covers the
repair or replacement of sidewalks in a public easement, when required,
up to $500.
* Inside WaterLineGard covers the repair or replacement of inside water
lines due to normal wear and tear. This plan pays up to $1,000 per
occurrence.
All three UtilityGard options include emergency response service by
qualified contractors, 24 hours per day, 365 days a year. The inside and
outside water lines must be free of leaks and in working order prior to
enrollment.
The cost for any single UtilityGard plan is $4.99 per month with each
additional program $2 more. This means that for $8.99 each month, customers
are fully covered with all three plans. For customer convenience, the monthly
fee is applied to the FPL electric bill.
Customers interested in enrollment information should call 1-866-782-9162,
toll free.
About FPL Energy Services:
FPL Energy Services, an affiliate of Florida Power & Light Company, is an
integrated energy services company which develops, designs, installs and
invests in cost-effective energy conservation projects for institutional,
commercial, and industrial organizations. FPLES is also one of the largest
marketers of natural gas in Florida. The company offers energy-related
products and services for residential customers such as the UtilityGard and
Power Surge insurance products.
Florida Power & Light Company is the principal subsidiary of FPL Group,
Inc. (NYSE: FPL), one of the nation's largest providers of electricity-related
services with annual revenues of more than $8 billion. The company serves
approximately 3.9 million customer accounts in Florida. FPL Energy, LLC, FPL
Group's energy-generating subsidiary, is a leader in producing electricity
from clean and renewable fuels. Additional information is available on the
Internet at http://www.fpl.com.
About Voyager Service Warranties, Inc.
Voyager Service Warranties, Inc. is a member company of Assurant Group,
specializing in extended service contracts. Voyager Service Warranties has
been in business since 1986.
SOURCE FPL Energy Services
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Related links:
http://www.fpl.com
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CONTACT:
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