VEHICLE SERVICE CONTRACTS
Vehicle Service Contracts are an important layer of protection for your customer. Not only do they provide the benefit of peace of mind, but also they cover unexpected mechanical issues, roadside assistance, rental reimbursement, and towing. With our customizable programs, our dealers benefit just as much as their customers. Our Vehicle Service contracts allow you to sell a key product and you benefit from the premium collected that offsets your risk of repairs. The old saying they don’t pay if it doesn’t run, we know how and why it works.
KEY BENEFITS:
- In the event of a repair, cars within a 50 mile radius are returned to your dealership for inspection and/or repair
- Offset your risk – keep the car running and the payment stream continuing
- Customizable to ensue you and your customer are receiving the best benefits
- Lender earns the underwriting profit through premiums collected and ceded to your reinsurance company
CapRock provides the support of an experienced staff to assist in the successful launch of your program. Our support includes proper reporting, recommendations for ways to promote your program and proven collection strategies from professionals that have been engaged in these programs for many years.
At CapRock we have a diverse client base, ranging from sales over 1,200 cars a month to 40 cars a month. Let us show your team the CapRock difference.
Contact the team at CapRock today!