SouthwestRe Introduces Powertrain Wrap Program
SouthwestRe's new Automotive Powertrain Wrap is a vehicle service contract designed to be sold together with the F&I product provider's First Automotive Lifetime Powertrain Limited Warranty program.
“While Lifetime Powertrain Limited Warranty covers a vehicle’s powertrain components, Powertrain Wrap covers all of the mechanical and electrical parts of the customer’s vehicle during the term of their Powertrain Wrap contract,” said Jamie Jerabek, vice president of underwriting and product development for SouthwestRe. “Although there are certain necessary exceptions, the combination of protection offered by these two programs covers the vast majority of the customer’s vehicle. It’s a definite win-win for vehicle owners.”
First Automotive Powertrain Wrap is available for both new and used vehicles, and can be sold by franchise and independent dealerships with licensed repair facilities.
Dealers interested in offering Powertrain Wrap can click here.
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