Nationwide Property Protection Services, L.L.C., Protection One offer exclusive, discounted home security package
Partnership provides new way to get more home security for less and reimbursement of insurance deductible
FOR IMMEDIATE RELEASE
November 14, 2006
Contacts:
Charley Gillespie, Nationwide
(614) 249-5701
gillesc1@nationwide.com
Robin J. Lampe, Protection One
(785) 856-9350
robinlampe@ProtectionOne.com
Columbus, Ohio— Nationwide Property Protection Services, L.L.C. and Lawrence, Kan.-based Protection One® have partnered to offer a home security system that offers more protection for less money than most security providers’ basic systems.
The exclusive, co-branded, home security package, marketed as a Nationwide Property Protection ServicesSM home security system from Protection One, is being offered to customers, agents, and associates of Nationwide Mutual Insurance Company and its affiliates in Ohio, as part of the trial relationship. Sales, installation, service and monitoring are provided by Protection One (OTCBB: PONN). The system has a low installation cost as well as a low monthly monitoring fee. It also includes smoke and water protection, features that are generally priced as extras by other major security companies.
"We know that security and overall property protection are important concerns for homeowners,” said Jay Beighley, President, Nationwide Property Protection ServicesSM. “This offering not only helps keep Nationwide customers’ homes and families secure. It also allows them to receive up to a 12 percent discount on their Nationwide homeowners insurance. We are pleased to offer this additional product and service.”
John Pumpelly, Protection One’s senior vice president of alliance relationships, said, “We believe the value available to Nationwide policyholders through this partnership is great and adds to the numerous quality services already offered by their insurance provider. Including security – at a discounted cost - in these services helps assure their customers’ homes and lives are further protected from smoke, fire and water emergencies.
“In addition, if a Nationwide customer has an eligible smoke, water or burglary loss while we are monitoring their home, we’ll pay their insurance deductible up to $1,000,” Pumpelly said.
“This is an exciting relationship and represents the natural convergence of property protection services and insurance for homeowners.”
About Nationwide Insurance:
Nationwide, based in Columbus, Ohio, is one of the largest diversified
insurance and financial services organizations in the world, with more
than $158 billion in assets. Nationwide ranks 98th on the
Fortune 500 list. The company provides a full range of insurance and
financial services, including auto, homeowners, life, health, commercial
insurance, administrative services, annuities, mutual funds, pensions and
long-term savings plans. For more information, visit www.nationwide.com.
About Protection One
Protection One, one of the leading commercial and residential monitored
security services companies in the United States and a leading security
provider to the multifamily housing market through its Network
Multifamily division, serves approximately one million customers in North
America. For more information about Protection One, go to http://www.ProtectionOne.com.
Nationwide, the Nationwide Framemark and On Your Side are
federally registered trade marks of Nationwide Mutual Insurance Company.
Nationwide Property Protection Services is a federal registered service
mark of Nationwide Mutual Insurance Company. Protection One is a
federally registered trade mark of Protection One.
Nationwide Property Protection Services, L.L.C. does not provide
insurance products or services.
