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Frontdoor Signs Water Shutoff Valve Installation Deal With Moen
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Frontdoor Signs Water Shutoff Valve Installation Deal With Moen
Jun 25, 2024 8:42 AM

11:19 AM EDT, 06/25/2024 (MT Newswires) -- Frontdoor ( FTDR ) said Tuesday it has entered into an exclusive water shutoff valve installation agreement with Moen, effective June 7.

Under the deal, Moen's Flo Smart Water Monitor and Shutoff will be installed for customers in California who buy the shutoff valve as part of certain marketing programs with home insurance providers, Frontdoor ( FTDR ) said.

The company said some insurance providers in California and the rest of the US now require shutoff valves.

Frontdoor ( FTDR ) Chief Revenue Officer Kathy Collins expects the company to perform "thousands of installations" monthly once scheduling starts.

Price: 35.38, Change: -0.40, Percent Change: -1.12

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