EV & Hybrid Service Contracts

Electric vehicles are becoming more popular than ever in the U.S. In the first quarter of 2022, electric vehicle registrations soared 60 percent, while overall new car registrations fell 18 percent. Electric vehicles accounted for a record-breaking 4.6 percent of the total market share in the U.S. As more and more customers choose electric vehicles, you have an excellent opportunity to offer them an electric vehicle service contract that will protect their investment and give them peace of mind. An electric vehicle service contract will cover the cost of repairs for any breakdowns to their vehicle, including the battery and other electrical components. It will also provide them additional benefits such as roadside assistance, rental car reimbursement, and trip interruption coverage. By offering an electric vehicle service contract to your customers, you can increase your revenue, enhance your reputation, and build customer loyalty.