Frontdoor and Moen Expand Relationship to 6 Additional States, Helping Homeowners Prevent Water Damage Across 14 States
05 2월 2025 - 12:23AM
Business Wire
Partnership expansion helps homeowners easily
identify installers for the Moen® Flo Smart Water Monitor and
Shutoff, enhancing proactive leak detection
Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of
home warranties, today announced it has expanded its agreement with
Moen, a leader in water experiences in the home, to install the
Moen® Flo Smart Water Monitor and Shutoff, an automatic water
shut-off valve, in the homes of customers who purchase Flo as part
of certain marketing programs with home insurance providers in six
new states – Connecticut, Illinois, Kansas, Michigan, New Jersey
and Tennessee.
The latest expansion – bringing the total number of states to 14
– began January 31. The eight states previously announced are
California, Arizona, Utah, Idaho, Oregon, Texas, Georgia and South
Carolina.
“We are delighted to expand our agreement with Moen even
further,” said Frontdoor, Inc. Chief Revenue Officer Kathy Collins.
“This relationship continues to be a great example of how we are
able to leverage our nationwide network of independent contractors
to drive on-demand revenue. We look forward to other opportunities
with Moen going forward.”
“Our goal is to reduce insurance claims related to catastrophic
water damage from residential leaks. The Moen device offers an
AI-driven solution that has been shown to reduce 96% of all
non-weather water insurance claims,” said Jeff Barnes, vice
president of business development for Moen. “The further expansion
of our relationship with Frontdoor allows us to offer Flo with
installation bundled into one price to even more homeowners.”
The Moen Smart Water Monitor and Shutoff continuously monitors
the pressure and flow rate of the water moving through a home's
pipes, detecting leaks as small as a drop per minute with
Microleak™ Technology – anywhere in the home. If the device
identifies an issue, it will promptly send an alert through the
Moen Smart Water App, enabling users to turn off the water, or in
the event of a catastrophic leak, it will automatically shut off
the water to prevent major damage. Homeowners also can track water
usage by fixture and set conservation goals within the app to
further support water-saving efforts.
Under the agreement, in addition to performing the
installations, Moen Flo customers will receive a Frontdoor
Unlimited membership free for a full year.
For more information on the Moen Smart Water Monitor and
Shutoff, go to Moen.com/Flo. For information on partnering with
Moen, email Partnerships@moen.com.
About Frontdoor, Inc.
Frontdoor is the industry leader in home warranties and new home
structural warranties, and a leading provider of on-demand home
repair and maintenance services. As the parent company of two
leading brands – American Home Shield and 2-10 Home Buyers Warranty
– totaling more than two million members – we bring over 50 years
of experience in the home warranty category, a cultivated national
network of independent service contractors, and a reputation for
delivering quality service and product innovation. American Home
Shield, the leader in home warranties, gives homeowners peace of
mind, budget protection and convenience, covering up to 23 home
systems and appliances from costly and unexpected breakdowns. 2-10
Home Buyers Warranty is the leader in new home structural
warranties, providing home builders with coverage for structural
failures. These two brands, together with Frontdoor’s cutting-edge
on-demand services, provide an unbeatable combination that meets
the full suite of homeowner repair and maintenance needs. For more
information about Frontdoor, Inc., please visit
frontdoorhome.com.
About Moen
Moen is the #1 consumer faucet brand in North America, offering
a vast array of stylish and innovative kitchen and bath faucets,
showerheads, accessories, bath safety products, kitchen sinks,
garbage disposals, leak detection products and connected home
offerings for residential applications that give consumers more
power than ever before to understand and control the water that
flows through their homes. These thoughtful designs deliver an
exceptional user experience and elevate how people interact with
water daily. In addition, Moen® Commercial offers
superior-performing products that can deliver lower lifetime costs
for today’s facilities. Moen is part of Fortune Brands Innovations,
Inc. (NYSE: FBIN), a brand, innovation and channel leader focused
on exciting, supercharged categories in the home products, security
and commercial building markets. Moen anchors Water Innovations
(WINN), which also includes several brands under the House of Rohl®
including Perrin & Rowe®, ROHL®, Riobel®, Shaws® and Victoria +
Albert®. Fortune Brands’ other brands include Fiberon® composite
decking and railing products; Master Lock®, Yale® residential,
August® and Sentry® Safe security products; LARSON® storm doors and
Therma-Tru® entry door systems. For more information, please visit
www.FBIN.com.
Forward Looking Statements
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on management's current
expectations and beliefs, as well as a number of assumptions
concerning future events. These statements are subject to risks,
uncertainties, assumptions and other important factors. Readers are
cautioned not to put undue reliance on such forward-looking
statements because actual results may vary materially from those
expressed or implied. The reports filed by Frontdoor pursuant to
United States securities laws contain discussions of these risks
and uncertainties. Frontdoor assumes no obligation to, and
expressly disclaims any obligation to, update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Readers are advised to review
Frontdoor's filings with the United States Securities and Exchange
Commission (which are available on the SEC's EDGAR database at
www.sec.gov and via Frontdoor’s website at
investors.frontdoorhome.com).
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version on businesswire.com: https://www.businesswire.com/news/home/20250204202405/en/
Media Tom Collins 901-701-5198
MediaCenter@frontdoor.com
Frontdoor (NASDAQ:FTDR)
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Frontdoor (NASDAQ:FTDR)
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