ATLANTA — Global risk management solutions provider Assurant announced its Assurant Resource Automotive division has launched Mechanic 2.0, a newly enhanced vehicle service contract that significantly expands the term and mileage options of its flagship Mechanic offering.
Mechanic 2.0 provides a wide range of terms up to 10 years and 200,000 miles, depending on the vehicle and coverage level, and enables dealers to offer protection on multiple brands as well as components for hybrid and electric vehicles. Dealers can quickly generate digitally quoted service contracts using the most current pricing and loss ratio data available, leveraging more than 50 years of actuarial data and insights from protecting nearly 47 million vehicles, all according to Ash Bauer, senior vice president of Assurant Resource Automotive.
“Consumers are using vehicles in new and different ways, and Mechanic 2.0 gives dealers the flexibility to offer service contracts that meet those changing needs,” Bauer said. “With a wealth of new term and mileage options, dealers can tailor solutions to meet most any customer demand.”