SouthwestRe Rolls Out Multi-Guard Protection
October 13, 2015
ALBUQUERQUE, N.M. — F&I product provider SouthwestRe announced today the release of a brand-new product called the First Automotive Multi-Guard Protection Plan. The all-in-one service contract combines road-hazard protection, dent and ding, windshield repair, among other services.
Multi-Guard features two levels of coverage: Multi-Guard Gold protects a vehicle’s tires and wheels, offers paintless dent repair (PDR), and windshield repair. Multi-Guard Platinum adds key replacement with travel interruption reimbursement. Both levels of coverage include emergency roadside assistance. Cosmetic wheel repair is also available as an option.
“Bringing Multi-Guard to the marketplace took a lot of hard work by a lot of dedicated people here at SouthwestRe, but it was definitely time well spent,” said Jamie Jerabek, vice president of underwriting and product development for SouthwestRe. “A vehicle owner might have to purchase three or more different service contracts to enjoy the same amount of coverage available with a single First Automotive Multi-Guard Protection Plan. I think that’s pretty exciting, and I believe dealers and their customers will think so, too.”
Multi-Guard Gold repairs or replaces flat tires and wheels if they are damaged by a road hazard. It also provides rental car reimbursement and emergency towing, offers paintless dent repair to remove small dents and dings from painted sheet metal surfaces up to four inches in diameter, and provides windshield repair to help prevent minor chips, stars and cracks from becoming bigger problems. The combo product’s emergency roadside assistance includes 24/7 emergency towing, battery jumpstart, flat tire Change, lockout assistance, and fuel, oil, fluid and water Delivery.
Multi-Guard Platinum includes all of Multi-Guard Gold’s coverage, and goes a few steps further by providing key replacement with travel interruption reimbursement. If the customer’s master key or OEM key fob is lost, stolen or destroyed, the plan will pay the cost of an equivalent replacement up to $850 per year. Also, if the key or key fob is lost when the customer is away from home, the plan’s travel reimbursement coverage can help them recover some or all of the costs of alternate transportation, lodging and meals (where allowed by law).
For more information, visit www.southwestre.com.