The New Vehicle Protection Plan

Protective's Vehicle Protection Plan is the new vehicle service contract designed for franchise auto dealerships to meet the needs of their customers.

Advanced Autos Need Advanced Coverage

The new service contract product is designed to meet the growth of technology in today's vehicles. The auto industry is seeing a demand for more advanced electronics, technology, safety and alternative power systems. The new Vehicle Protection Plan is better suited to meet these growing needs today and into the future.

The F&I Business Can Be Complex, the New Vehicle Protection Plan is Not.

Consolidating Three Products into One

The new franchise product will have a single platform. The CostGuard product name will remain in select markets, but the product itself will be the same as the Protective Vehicle Protection Plan.

Simplifying the Contract

The contract language has been simplified to make it easier to understand and present to consumers.

New Coverage, New Possibilities

This new service contract enhances Protective’s position as an industry-leader and differentiates us from other providers. The new Vehicle Protection Plan is a forward-looking product that addresses an ever-evolving marketplace and provides an optimized product portfolio that retains existing client relationships and opens doors to new opportunities.

Complete

Our most extensive coverage on new and pre-owned vehicles. Coverage includes all components in Premium, Enhanced and Powertrain coverage options and more.

Premium

(Everything in Enhanced) plus brakes, suspension and steering, electronics, high-tech package

Enhanced

(Everything in Powertrain) plus electrical, fuel, heating and cooling, air conditioning, brakes

Powertrain

Engine, transmission, front and rear-wheel drive train, fluids, filters and lubricants, seals and gaskets, hybrid components

Wrap Coverage

Factory and/or dealer powertrain warranties are limited to major components. Wrap Coverage is an exclusionary level of coverage that is designed to “wrap” around your warranty protecting most of the components your warranty does not, subject to specified exclusions. A complete list of exclusions appears in the contract. Since the factory and/or dealer powertrain warranty covers the powertrain portion of your vehicle, during the term of Wrap Coverage the following component groups are not covered:

  • Engine
  • Transmission
  • Transfer Case
  • Drive Axle

Optional Coverage

We offer additional coverage for:

  • Commercial Vehicles
  • Conversion Units (includes base units for electronic audio, video and gaming equipment)
  • Lift Kit/Tire Modifications (chair lift motors and assemblies, electric/hydraulic ramp controls and assemblies, adjustable seating mechanisms, adjustable pedal and steering control mechanisms, hoist and swing-arm mechanisms)
  • Air Conditioning (for Powertrain Coverage only)

To ensure the product meets demand, our new service contract will be refreshed regularly to continue addressing changes in the marketplace and consumer needs.

Our Approach to Rating

Protective Asset Protection is introducing an advanced, all-electronic rating structure. We’ve developed an agent tool that calculates and displays rates for make/model, term coverage and deductible combinations. Even more, when internet connectivity is unavailable we have an electronic back-up rate chart in place.

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