At Protective Asset Protection we are constantly evaluating our programs to ensure we meet the rapidly changing needs of the industries we serve. By evaluating evolving vehicle technology, the protection needs of car buyers and collaborating with dealerships, we have enhanced the CostGuard Vehicle Protection Plan. Dealers can begin selling the program September 1, 2021 in all states except New York. In New York, the program will be available in October 1, 2021.
COVERAGE UPDATES
COSTGUARD VEHICLE PROTECTION PLAN COVERAGE UPDATES
The CostGuard Vehicle Protection Plan continues to provide four coverage levels plus Wrap. These coverage levels are designed to meet the needs for new, pre-owned and manufacturer CPO vehicles sold at franchise dealerships. The updates to this industry-leading service contract program provide dealerships and their customers with the protection needed today and into the future. To meet the evolving coverage needs of vehicles and consumer preferences, the following updates have been made:
- Gasoline/Diesel Engine
- Transmission (Automatic/Continuous Variable (CVT), Standard and Transfer Case)
- Drive Axle
- Hybrid Vehicle
- Filters, Fluids, Lubricants, Taxes
- Seals & Gaskets
- Electrical
- Fuel
- Cooling and Heating
- Air Conditioning
- Brakes
- Hybrid Vehicle
- Seals & Gaskets
- Suspension
- Steering
- Enhanced Electrical
- Electronics
- Safety
- Hybrid Vehicle
- Seals & Gaskets
- Air Conditioning
- Conversion Package
- Mobility Equipment: $500
- Snow Plow
- Business Use: $0
- Emergency Roadside: $175 per occurrence
- Rental: $50 (see schedule days in contract)
- Trip Interruption: $175 for a maximum of 3 days
- Gasoline/Diesel/Electric Engine
- Transmission (Automatic/Continuous Variable (CVT), Double Clutch (DCT), Standard and Transfer Case)
- Drive Axle
- Hybrid/Plug-In Hybrid/Battery Electric/Fuel Cell-Hydrogen
- Other Covered Repair Expenses
- Seals & Gaskets
- Electrical
- Fuel
- Cooling and Heating
- Climate Control System
- Brakes
- Towing and Trailering
- Hybrid/Plug-In Hybrid/Battery Electric/Fuel Cell-Hydrogen
- Seals & Gaskets
- Suspension
- Steering
- Electronics
- Technology (Entertainment/Multi-Media/Communication)
- Portable Device Connectivity
- Safety
- Hybrid/Plug-In Hybrid/Battery Electric/Fuel Cell-Hydrogen
- Seals & Gaskets
- Climate Control System-no change
- Mobility Equipment: $600
- Snow Plow-no change
- Lift Kit / Tire Mod.: $500
- Emergency Roadside: $175 per occurrence
- Rental: $50 (see schedule days in contract)
- Trip Interruption: $175 for a maximum of 3 days
- Pet Benefit: $175 per occurrence
MARKETING MATERIALS
CostGuard vehicle protection plan marketing materials
Dealerships will have access to a full suite of new point-of-purchase and digital materials to help educate their customers. This suite of materials has been updated to reflect the enhancements made to the program with a continued focus on providing dealerships the ability help their customers understand how the Vehicle Protection Plan is designed to provide ultimate peace of mind and greater enjoyment of vehicle ownership.
Updated marketing collateral and contracts are posted on F&I Cafe and available to order by contacting our Sales Support Team.
Training Resources
Click here to view the pre-recorded program enhancement webinar for the CostGuard Vehicle Protection Plan.
Frequently asked questions
Click here to view FAQs for the CostGuard Vehicle Protection Plan.
ROLLOUT TIMELINE
|
Week of |
Kickoff Agent communications with product enhancement overviews and pre-recorded webinars. |
|
July 26 |
Live webinar and Q&A for Protective Agents. |
|
Week of |
New rates available to supply to Agents. Dealers will receive rate change notification letter. |
|
September 1 GO LIVE |
Dealers can begin selling the enhanced CostGuard Vehicle Protection Plan in all states except New York. |