Auto Warranty Programs for Lenders

 

Auto WarrantyOur partner program allows us to offer lenders and their borrowers one of the best auto warranty programs in the industry.

New & Used Vehicle Service Contracts  The program allows lenders to enable a borrower to protect themselves from the high cost of mechanical repairs. Our comprehensive coverages, terms, and deductibles are designed for maximum flexibility and is fully backed by a financially stable, A rated insurance company (rated by the A.M. Best Rating Company). 

Benefits include: 

  • Bumper-to-Bumper Exclusionary new car coverage 
  • Comprehensive used car coverage 
  • Low cost “Wrap” plans 
  • Several deductible options available 
  • Direct payment, "No hassle" claims, no reimbursement forms 
  • Premium can be added to the amount financed with the vehicle loan 
  • Coverage is transferable 

The warranty product is an easy add-on to any auto loan and can help minimize losses to the institution. Vehicle service contracts are a great source of fee income for the lenders who provide them. The lender receives a referral fee for each contract sold. 

Click the button below to get more detailed information about the program. 

 

Let's talk about Auto Warranty Programs for Lenders

 

Coverage varies by program. Inquire for details.