Professional Warranty Service Corporation Retains Status as Cove Programs’ Only Pre-Approved Warranty Provider
July 29 2021 - 2:49PM
Business Wire
PWSC named as Cove’s preferred partner for
warranty and claims administration
Cove Programs confirmed the selection of
Professional Warranty Service Corporation as its only endorsed
warranty program for builders. PWSC represents the industry’s sole
company meeting both Cove’s warranty and claims tracking
requirements. The long-standing partnership between the two
entities fulfills the risk management needs of builders while
delivering a better experience to home buyers.
PWSC stands as the most comprehensive warranty service offering
in the residential construction sector. Part of the unique offering
includes ClearView Risk Services, which goes beyond the warranty
document. This risk management package adds a level of confidence
for builders and homeowners alike by resolving legitimate warranty
issues quickly and preventing illegitimate claims from escalating.
ClearView then integrates onsite evaluations with industry experts,
cutting-edge litigation avoidance tools, and its proprietary
insurance claims management program. The service takes care of
homeowners, protects builders, and provides insurers with a clear
view of timely and reliable claims data.
“Cove and PWSC have worked together since our company’s
inception almost 10 years ago. We refine our products in tandem to
offer the best protections for builders and home buyers. The fact
that PWSC designed ClearView Risk Services in collaboration with
Cove’s leadership shows the power and commitment of this long-term
relationship,” said George Dale, Managing Director of Cove Programs
Insurance Services.
Recent iterations of PWSC’s preferred program include a more
accessible warranty document for users aligned with Cove
guidelines. PWSC created an easier process for warranty dispute
resolutions with the added benefit of onsite expert evaluations and
mediations. The service also now includes property title tracking
to keep subsequent homeowners enrolled in the warranty program.
“We don’t just want to be the best warranty in the business. We
want to be unique and create products that address the root cause
of the problems our builders face. That is why our program
continues where others end. PWSC is the first and only provider
offering insurance claims management and property title tracking as
part of our services. We set ourselves apart for entities like Cove
Programs by simplifying, standardizing, and staying ahead of the
needs of builders and homeowners,” said Tyler Gordy, President and
CEO of PWSC.
An aspect of PWSC’s program that remains unchanged are its
builder performance standards.
“PWSC is committed to elevating the industry with high
expectations for quality and service. Our performance standards, as
well as our overall program, are written by builders with more than
a century of combined expertise. While our product offerings may
evolve, our commitment to excellence never will,” said Paul
Weckerly, Senior Vice President and General Counsel for PWSC.
Another hallmark of PWSC’s products includes its status as the
only provider offering an insured warranty option backed by a
carrier with an A+ rating. It is this critical differentiator that
has made PWSC the trusted choice of other home builders’ insurance
programs as well.
About Professional Warranty Service Corporation
PWSC is nationally recognized as a risk management partner in
the home building industry, protecting more than 1.7 million homes
from America’s top builders through warranty programs. As the
housing market continues to evolve, so does PWSC. With nearly a
century of combined in-house builder experience with multiple top
ten builders, the PWSC team is uniquely positioned to lead the
charge in offering groundbreaking, comprehensive risk management
solutions to the residential construction and real estate
industries. Find more information at www.pwsc.com
About Cove Programs
Cove Programs, an Optio Company, is an independently owned
provider of quality insurance products. Cove’s two companies formed
in 2011 and have operations in London as an MGA and in California
as a US Surplus Lines Intermediary. Cove Program Underwriting is an
approved Lloyd’s Coverholder with underwriting authority and backed
by Best’s AXV rated insurers. In addition to underwriting services,
Cove Programs offers industry-leading claims analysis, loss
control, and risk-engineering services. Find more information at
coveprograms.com
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version on businesswire.com: https://www.businesswire.com/news/home/20210729006062/en/
Jess Norman, Senior Director, Product Marketing &
Integration 800.850.2799 jessnorman@pwsc.com
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