Boat OEMs Use Product Warranty Insurance to Offer Longer Limited Warranties During Special Events or Promotions.
For a single, one-time cost, an OEM can extend their limited warranty and retain the original term, transfer the risk for the extended term to a carrier, and eliminate Balance Sheet Exposure.
It’s completely transparent to the customer but makes accounting for variable terms simple.
Contact https://meramecsecure.com for more information.
Meramec Secure Adds Homeowner and Automobile P&C Insurance Solutions for D2C Home Warranty and Auto Service Contract Sellers
Chicago, IL, February 12, 2024 – Meramec Secure, a nationwide designer and producer of specialty insurance and service contract solutions, has recently announced a new strategic relationship with a leading insurance platform.
This relationship provides access to products from multiple property and casualty insurance carriers. It is designed to generate cross-sales of auto and home insurance coverage for direct-to-consumer auto and home service contract shoppers via automated API, warm transfer, or web-based solutions.
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Manufacturer’s enhancement for their standard Limited Warranty
Appliance Warranty Insurance to offer an Enhanced Limited Warranty without retaining the balance sheet risk.