With each company bringing unique go to market models this article looks into what Protective gained with its acquisition of US Warranty.
Category Archives: Automotive
Volkswagen offers six-year warranty to win back U.S. customers
Volkswagen is trying to win back American customers after its diesel emission scandal with SUV warranties that it said will be the longest in the United States.
Full Article: http://www.reuters.com/article/us-autoshow-new-york-idUSKBN17D2MR
Where do Vehicle Service Contracts & Protection Plans Fit in Ally?
Where do Vehicle Service Contracts & Protection Plans Fit in Ally?
Have you seen the Ally Bank television ad called, “Nothing Stops Us: Ally Team Huddle”? The team is gathered at Ally HQ in a glass enclosed conference room. A manager reminds the team, “Remember, here at Ally nothing stops us from doing right by our customers. Who’s with me?” The half-dozen people in the room respond with “I’m in” and reach their hands into the middle of an impromptu huddle. Just then, in her haste to join the huddle, a woman walks (crashes) into the conference room through a glass panel. Outside the room hundreds of more employees are rushing to get into the huddle. Motley Crew’s “Kickstart My Heart” is their clarion call. The ad is part of Ally’s 2016 enterprise-wide campaign themed “Do It Right.”
Complete Article: Ally Insurance 04182017r
IRS Reviews 831b Captives
With an important ruling pending the auto industry waits for a decision and clarity. – Source: http://www.businessinsurance.com/article/20170306/NEWS06/912312200/Higher-premium-cap-widens-appeal-of-831b-microcaptives
AAA: One In Three U.S. Drivers Can’t Afford Unexpected Repair
According to a new survey from AAA 64 million drivers would not be able to pay for an unexpected vehicle repair without going into debt. This serves to reinforce the value of service contracts.
National Automotive Experts (NAE) Releases Motorcycle Warranty Forever
National Automotive Experts, a leading provider of auto, RV, and powersport F&I products, launches Motorcycle Warranty Forever.
Full article: http://www.motorcyclepowersportsnews.com/national-automotive-experts-motorcycle-warranty-forever/
Leave ‘warranty’ out of the service contract pitch
F&I managers encourage customers to buy a service contract, not a “warranty,” but does the sales team?
What You Need to Know About Certified Used Cars
Are CPO vehicles really worth the price premium you pay?
Article: http://www.consumerreports.org/used-cars/what-to-know-about-certified-used-cars/
Wise F&I Has Connected With MaximTrak
March 16, 2017
Wise F&I’s voluntary protection products are now accessible through MaximTrak, A RouteOne Company.
Wise F&I, a long standing company in the automotive finance and insurance market, has a full suite of voluntary protection products available through MaximTrak, A RouteOne Company. MaximTrak offers a highly customizable all-in-one F&I menu platform and streamlines access to Wise F&I products for their mutual automotive dealers. Access to Wise F&I’s full suite of products including: GAPWise, WiseCARE, TIREWise, WiseTVP, THEFTWise and KEYWise are all available through MaximTrak. Offering Wise F&I products through MaximTrak further enhances the customer experience by providing speed and accuracy to the process.
Rising GAP Claims Reveal Troubling Trends
Although we have seen it before today’s rapid increases in GAP losses should be of concern. Both the frequency and severity are now rising to levels that are concerning.