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TheStreet Open House

American Water Resources Reaches One Million Customer Contracts

Stocks in this article: AWK

American Water Resources, LLC, a subsidiary of American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, announced today it has recently achieved 1 million customer contracts. The company offers Water Line Protection, Sewer Line Protection, and In-Home Plumbing Emergency Programs to homeowners in 34 states.

“One million customer contracts is a tremendous milestone, and we are proud to provide peace-of-mind coverage to homeowners nationwide,” said Sharon Cameron, President, American Water Resources. “We wouldn't be celebrating today without the dedication of our employees who help to protect our customers from the high cost of water and sewer line repairs.”

American Water Resources, LLC provides homeowners with comprehensive protection from the costs associated with leaks and breaks in water lines, as well as clogs or blockages in sewer lines running through their property. These repairs are not typically covered by homeowners’ insurance or by their water or sewer service provider. American Water Resources has been providing protection programs for more than ten years and has an A-plus rating from the Better Business Bureau.

In addition to offering protection programs to homeowners directly, American Water Resources also establishes partnerships with municipalities and other utilities to help them provide these solutions to their residents. In 2012, the company was selected by the New York City Water Board as its official service line protection provider for homeowners in the City's five boroughs.

Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately 6,700 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 14 million people in more than 30 states and parts of Canada. More information can be found at www.amwater.com.

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