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- Frontdoor Signs Exclusive Agreement with Moen for Flo Smart Water Monitor and Shutoff Installations
Frontdoor Signs Exclusive Agreement with Moen for Flo Smart Water Monitor and Shutoff Installations
Slice of Real Estate Team
June 30, 2024
Key Highlights:
Exclusive agreement: Frontdoor to install Moen’s Flo Smart Water Monitor and Shutoff in California.
Insurance compliance: Shut-off valves required by some insurance providers.
Revenue opportunities: Significant distribution and revenue potential in California.
Customer benefits: Includes free Frontdoor Unlimited membership for one year.
Source (Business Wire)
Notable Quotes
“Moen is a top name in the industry and we are super excited to work with such a great brand.”
“Flo Smart Water Monitor and Shutoff devices offer a digitally driven and proactive approach to leak detection, with the ability to help reduce water damage claim frequency events by as much as 96%.”
Our Take:
Frontdoor's exclusive partnership with Moen is a strategic move that leverages both companies' strengths to address the growing demand for smart water management solutions in California. By aligning with Moen, a trusted name in home water solutions, Frontdoor is poised to significantly expand its market reach and revenue streams. This collaboration not only meets the insurance requirements but also offers substantial benefits to homeowners, including reduced water damage risks and enhanced home maintenance services through the Frontdoor app. This initiative underscores Frontdoor's commitment to innovative home protection and maintenance solutions, positioning it as a leader in the industry.