Auto Warranty Programs for Lenders
Our 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.
Coverage varies by program. Inquire for details.