Assurant EV One Protection℠

Help Your Customers Go Electric with Assurant EV One Protection℠

By 2035, about 45% of new car sales could be electric vehicles. A growing focus on the environment from consumers and world governments alike is increasing demand for green car solutions. There is also genuine consumer excitement for new EV technology and products. In response, new EV-focused car brands are being launched, and all major OEMs have announced plans for major shifts to EV production and massively expanded EV lines, including light trucks.

What this means for you: EV VSCs will play a critical role in alleviating consumer concerns about battery life and repair costs and driving EV adoption, helping you move this new inventory and continue to drive attachment rates for your dealership. That’s where Assurant EV One Protection comes in.

 

Why You Need Assurant EV One Protection

  • 43%

    of buyers report an increase in concern over repair costs for EV purchases.

  • The #1

    reason consumers buy an EV VSC is for battery protection.

  • 39%

    of buyers who don't attach an EV VSC say it's because one wasn't offered at the time of purchase.

  • 43%

    of buyers report an increase in concern over repair costs for EV purchases.

  • The #1

    reason consumers buy an EV VSC is for battery protection.

  • 39%

    of buyers who don't attach an EV VSC say it's because one wasn't offered at the time of purchase.

Assurant EV One Protection Lets You Provide More Value

Electric vehicle charging with a skyline in the background

More Protection 

  • Lithium-ion/traction battery coverage for up to 200,000 miles
  • Adds value by covering wear and tear maintenance items that aren’t included in factory warranty
  • Coverage for new and used cars up to 8 years old or with up to 80,000 miles

Better Protection

  • Developed by industry-leading F&I experts
  • Extends coverage for up to 4 years or 50,000 miles past the original factory warranty
  • Added benefits including emergency roadside assistance and substitute transportation reimbursement

Flexible Protection

  • Designed to meet the needs of those who own and lease
  • Vehicle protection regardless of technology and for multiple brands

2022 Electric Vehicle Demand: A Tipping Point

Data Report: The role of future-forward F&I in dealership electrification

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