Extended Warranty Programs for Auto Lenders

Driving Customer Satisfaction and Confidence

Buying a car is a major decision and even the most reliable vehicles can have mechanical issues that bring major expense. That’s a point of stress you can alleviate for your customers—and they’ll quickly recognize the value and security available when you offer one of the best auto warranty programs in the industry.

With multiple levels of coverage for both new and used vehicle service contracts, Red Rock Financial can guide you to a program that not only serves customers, it will help protect your collateral from losses/default and provide a great source of fee income for lenders. 

Options include comprehensive coverages, terms, and deductibles designed for maximum flexibility. And of course, all programs are fully backed by a financially stable, A-rated insurance company.

Benefits options can include: 

• Bumper-to-bumper exclusionary new car coverage 
• Comprehensive used car coverage 
• Low cost “wrap” plans 
• Several deductible options to choose from 
• Direct payment, no-hassle claims with no reimbursement forms 
• Transferable coverage 

Lender-offered extended warranty programs have a unique, attractive feature.

The premium can be added to the amount financed, making the warranty product an easy add-on to any auto loan. They are also significantly less expensive, easier to administer and more robust than warranties offered by auto dealers.