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FTDR - Frontdoor, Inc. ()

Overview

Company Summary


Frontdoor, Inc. (FTDR) is a company that specializes in providing home service plans to homeowners across the United States. Formerly known as ServiceMaster Global Holdings, Inc., Frontdoor became an independent, publicly traded company in 2018.

Frontdoor's primary business revolves around offering a wide range of service plans for home systems and appliances. These plans are designed to protect homeowners from unexpected breakdowns and costly repairs. The company's service plans cover various household items such as heating and cooling systems, electrical appliances, plumbing, garage doors, and more.

Through its subsidiaries, including American Home Shield, HSA, Landmark, and OneGuard, Frontdoor has developed a network of service providers and contractors who are qualified to address repair and maintenance needs promptly. When a covered system or appliance malfunctions or breaks down, customers can request service through Frontdoor's customer service center or online platform. Frontdoor then dispatches a qualified service contractor to diagnose and repair the issue.

In addition to home service plans, Frontdoor also offers various optional coverage plans, including electronics, pool and spa, septic, and well pump coverage. These options allow homeowners to further customize their plans based on their specific needs.

By providing comprehensive home service plans, Frontdoor aims to give homeowners peace of mind knowing that unexpected repair costs will be covered. This type of coverage can be particularly valuable considering that major system or appliance failures can result in substantial expenses.

Overall, Frontdoor, Inc. focuses on protecting homeowners from the financial burden and stress associated with unexpected home repairs, offering reliable service plans and quick access to professional service contractors.

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