National Auto Care (NAC) announced in a press release the launch of a vehicle service agreement, lifetime limited warranty and lifetime battery limited warranty, all developed exclusively for electric vehicles (EVs).
The product line provides coverage for both new and pre-owned EVs, making it simple to adapt to customer needs.
“As EVs evolve, we will continue to push boundaries. Other manufacturers may have EVs in their service agreements and limited warranties, but NAC puts them at the forefront of our new product line,” says CEO Tony Wanderon. “With nearly 40 years as an award-winning administrator, National Auto Care will provide you with a solution that fits our clients’ needs — today, tomorrow and for years to come.”
NAC took a unique approach to vehicle rating by utilizing vehicle MSRP for EV classification. This allows for a one-page rate card compared to hundreds of rate card pages. Instead of 20-plus classes, NAC’s EV product line trims it down to only four.
This new EV-exclusive suite of products enables dealerships to deliver forward-thinking coverage plans that protect key components. The roads are changing, and by 2030, global automakers are projected to spend more than $f515 billion to develop and build electric vehicles.
NAC plans to electrify the industry with this EV-exclusive product line.
