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Allstate Dealer Services Launches CarMor Vehicle Service Agreement Product

March 03, 2009

JACKSONVILLE, Fla. - Allstate Dealer Services (ADS), formerly Allstate Credit Division, today launched its new CarMor Vehicle Service Agreement product.

With the introduction of this product, ADS is looking to increase its market share and continue its transformation to a more auto-centric business.

“The launch of VSA is an important step toward our goal of providing a full line of products to our partners,” said Allstate Dealer Services president Tony Wanderon.

“The CarMor VSA will become a key driver in our growth in the coming years. By working closely with our agents and dealers, we have developed a product that truly is influenced by all. With their hard work and involvement, we feel we have a superior product that our agencies and dealerships can confidently sell to their customers.”

The CarMor Vehicle Service Agreement features four plan options, full vertical integration, and retro options to help agencies maximize their profit potential. The product has a participation program options for dealers and agents, expert support from experienced staff, competitive rates, claims handlings and an agent incentive program.

In addition to ADS’ brand and financial stability, all four plan options include 24-hour towing coverage, rental benefits for each qualified repair visit, and trip interruption, which reimburses for lodging and meals if a breakdown occurs away from home.

ADS is a provider of finance and insurance products and services marketed through independent agents and third party administrators to auto dealers, lenders, credit unions and manufacturers.

Products provided by ADS include vehicle service contracts, guaranteed asset protection, roadside assistance, paintless dent repair, and credit life and disability insurance. They also provide training for finance and insurance managers that include beginner, advanced, and AFIP certification.

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