When you’re on the journey of vehicle ownership, the uncertainty that comes with unforeseen mechanical issues can cast a shadow of doubt. Principal Pro Shield serves as your steadfast companion, erasing those doubts by extending a protective umbrella over you through the crucial initial phase—the first 3 months or 3,000 miles from your used vehicle purchase.
Comprehensive Coverage for Unforeseen Mechanical Mishaps:
Principal Pro Shield steps in as your armor against the unexpected. This warranty covers a wide range of components, including the engine, transmission, drivetrain, filters, fluids, lubricants, seals, and gaskets. This coverage serves as a safety net, permitting you to drive off the dealership lot knowing that you’re shielded from mechanical failures.
Rental and Towing Reimbursement:
With Principal Pro Shield, we go beyond mechanical protection by making sure that you and your vehicle are fully taken care of in the event of a mechanical failure. We recognize that a mechanical breakdown can disrupt not only your vehicle but your daily plans too. For this reason, Principal Pro Shield includes rental and towing reimbursement in its offering. This means that should your vehicle falter, you won’t bear the financial burden of the disruption. Whether you’re looking for an alternate vehicle or a smooth tow, Principal Pro Shield stands by you.
Peace of Mind on the Road Ahead:
As you cruise the roads, Principal Pro Shield allows you to focus on the journey itself rather than what could go wrong. The initial period of ownership, often filled with uncertainties, becomes a phase of confident exploration with Pro Shield on your side. It is a promise of security and a commitment to being your partner through unexpected twists in the road. With coverage spanning crucial mechanical components and the added assurance of rental and towing reimbursement, you can drive your pre-owned vehicle knowing that you’re shielded from the unpredictability that can come with vehicle ownership.
Discover worry-free driving with Principal Pro Shield because we believe your journey should be defined by the road ahead, not the bumps along the way.
Contact us today to learn more about our comprehensive vehicle service contracts and how they can benefit you. Remember, at Principal Warranty Corp., we’re committed to keeping you on the road with confidence and peace of mind.
Program coverage and availability vary by state. See product details on our product page.
Principal Warranty Corp. is a customer-centric organization that prides itself on providing and administrating automotive and recreational vehicle F&I products and wealth-building programs with an exceptional customer service experience for dealers, agents, and contract holders nationwide. Our full suite of F&I products for auto, RV, and powersports includes exclusionary and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. PWC is located north of Seattle in Burlington, WA.
For more information, visit our website at www.principalwarrantycorp.com.
In the quickly changing landscape of today’s world, the unfortunate reality is that vehicle theft poses a potential threat to vehicle owners. At Principal, we know the importance of safeguarding your investment and the value of peace of mind. To address these concerns, we’ve launched Principal Connect, an innovative theft protection system tailored to both new and used vehicles, providing security from the moment you drive off the lot.
Comprehensive Theft Protection:
Principal Connect offers features beyond basic theft prevention thanks to CarRx and Elo GPS. In real-time, this software shows you vital insights into your vehicle’s:
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- Current location
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- Vehicle location history
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- Health scans
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- Movement alerts for your parked vehicle
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- Alerts when your vehicle leaves pre-defined boundaries—boundaries that you can change to match your needs.
Additional Comprehensive Benefits:
As a Principal Connect policyholder, you gain access to additional benefits designed to seamlessly integrate into your life in the event that an incident occurs. These benefits include Travel, Airfare, and Rental Car Allowance Reimbursement, no mileage restrictions, no deductible, and a transferable plan for added flexibility. This coverage ensures that even in the event of an incident, you can keep to your daily routines without the burden of additional stress.
Unlocking more with CarRx and Elo GPS:
Principal Connects partnership with CarRx and Elo GPS opens the door to many additional advantages. These include smart alerts that keep you informed, detailed insights on your speed and driving information, diagnostic reports, convenient in-app service scheduling, updates on battery and fuel levels, timely maintenance reminders, and access to critical recall information. All this information is available at your fingertips with the ease of a mobile app or desktop, accessible anytime and anywhere.
Stolen Vehicle Assistance:
We at Principal understand the distress that comes with a stolen vehicle incident. If your vehicle is stolen, get 24/7 Stolen Vehicle Recovery support from the ELO GPS team in their app or by calling their Stolen Vehicle Support phone number. This ensures that you’re not alone in navigating this unfortunate situation; we’re committed to seeing you through the entire process and offering the support you need.
Principal Connect is more than just a theft protection system; it’s your trusted partner in preserving your vehicle’s security, your peace of mind, and your uninterrupted daily life. With a range of cutting-edge features and benefits backed by the expertise of Principal, you can confidently embark on every journey, knowing that your vehicle is safeguarded by the best in the business.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth-building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
When it comes to keeping your new or pre-owned vehicle looking its best, Principal Maximum Shield has you covered. If you like the idea of keeping that showroom-worthy allure, then Principal Maximum Shield is your solution. This protection package has Exterior Protection, Interior Protection, and Rip & Tear benefits, making sure your vehicle stays looking great no matter what.
Unmatched Exterior Protection:
With Principal Maximum Shield Exterior Protection, you get a high-performance exterior coating that fights against the elements. This coating makes it hard for grime to stick on your vehicle. By doing so, it offers a strong defense against the harmful effects of UV rays, fading, oxidation, bird droppings, and other hazards. This helps your vehicle keep its glossy finish, unaffected by the challenges of the environment.
Maintain Your Interior Appearance:
The Interior Protection aspect of Principal Maximum Shield doesn’t leave any detail untouched, coating each fiber in your vehicle’s interior. The protectant forms a barrier on surfaces such as seats, door panels, dashboards, leather, and vinyl. This barrier fights against water and oil-based spills as well as the dreaded fading and cracking that UV rays can cause. Your vehicle’s interior remains clean and neat, resistant to the trials of time and usage.
Fixing Rips & Tears:
Principal Maximum Shield knows that life’s adventures can lead to unexpected mishaps, causing rips and tears in your vehicle. That’s why our Maximum Shield plan offers the benefit of up to three rip and tear repairs for your new or preowned vehicle. We get that your journeys are meant to be enjoyed, so leave the worry of small damages to us.
*Check with your F&I Manager to see if Rips & Tears is available in your region*
Principal Maximum Shield is the best choice for keeping your vehicle clean and stylish. With its multifaceted protection, ranging from the diligence of Exterior Protection, the reliability of Interior Protection, to the security of Rip & Tear benefits, you’re giving your vehicle the best care it deserves. Let Principal Maximum Shield help you embrace a future where your vehicle never fails to stir up admiration.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth-building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
With Principal Secure Care, we understand the value of safeguarding both your vehicle and your peace of mind. That’s why we offer a coverage solution designed to provide you with mechanical protection for a range of critical components on your high-mileage, pre-owned vehicle. From engines and transmissions to drive axles, air conditioning, heating and cooling systems, electrical systems, and braking components, Principal Secure Care has got you covered. Our mission is to equip you with the confidence to take on the road, no matter what unexpected repairs come your way.
Elevate Your Coverage:
We take pride in going above and beyond the standard to ensure your vehicle’s longevity and your satisfaction. With Principal Secure Care, we provide you with the freedom to enhance your coverage by choosing from a selection of core upgrades and surcharges. Whether you’re interested in seeking coverage for seals and gaskets, business-related use, your Hybrid Electric Vehicle, or your lifted vehicle, we’re here to serve your unique needs and priorities.
24-Hour Roadside Assistance, Anytime, Anywhere:
We understand the frustration that can come from sudden breakdowns, leaving you stranded in unknown territory. Principal Secure Care is committed to your safety and convenience. Our feature includes 24-hour roadside assistance, making sure you’re not alone in times of trouble. No matter where you are, our team is just a phone call away. We’re well-prepared to assist with common issues such as flat tires, dead batteries, and more. This round-the-clock support adds an extra layer of convenience, getting you back on the road swiftly and without disruption.
Drive With Confidence, Drive with Principal Secure Care:
When it comes to prioritizing the protection of your high-mileage vehicle’s essential components, there’s no compromise. Principal Secure Care offers a comprehensive coverage solution tailored to your needs. With coverage options safeguarding the critical components of your vehicle, the ability to upgrade your coverage, and the added security of 24-hour roadside assistance, it’s an essential consideration for high-mileage and pre-owned vehicle owners who take charge of managing their maintenance costs and cherish a worry-free driving experience. Your vehicle’s protection starts here.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth-building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
When it comes to investing in a vehicle, the journey extends well beyond your initial purchase. The true value of your investment is revealed over the years as your vehicle becomes integral to your daily life. That’s why Principal Lifetime Warranty was created as a beacon of reassurance, promising not just protection but peace of mind that is with you every mile of the way for a lifetime.
Unveiling Lifetime Protection:
The Principal Lifetime Warranty is more than just a warranty; it’s a promise to be there for you for the life of your vehicle. We understand that your vehicle is more than just a mode of transportation; it is a trusted companion who joins you on adventures and becomes a part of your story.
Principal Lifetime Warranty offers lifetime protection for critical components of your vehicle, such as your vehicle’s engine, transmission, drive axle, seals, and gaskets. These are the heart and soul of your vehicle, and our warranty ensures that they are safeguarded against unexpected mishaps.
Lifetime Protection, Lifetime Care:
What sets the Principal Lifetime Warranty apart is its long-held commitment to your vehicle’s well-being. So long as your vehicle is being checked and serviced in accordance with the manufacturer’s suggestions at a licensed repair facility, your lifetime protection remains active. This ensures that you are not only covered during the early years of ownership, but you’re also covered as your vehicle grows older, making sure that your investment continues to perform at its best.
Rental Car Reimbursement:
We understand that life doesn’t stop when your vehicle needs service. That is why Principal Lifetime Warranty goes beyond protection and offers you practical assistance. If your vehicle needs a covered repair and you find yourself without transportation, our warranty has you covered. Principal Lifetime Warranty will take care of the actual costs of renting a car from an authorized rental agency. This way, your mobility remains uninterrupted, ensuring you can carry on with your daily routine.
Your Lifetime, Our Commitment:
In a world where unpredictability is a constant companion, the Principal Lifetime Warranty stands as a foundation of support. Your vehicle’s lifetime is a chapter in your life’s story, and we’re honored to be a part of it, providing unwavering protection, care, and peace of mind. Choose the Principal Lifetime Warranty and drive into the future with the confidence that your journey is safeguarded, mile after mile.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth-building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
In the realm of daily driving, protecting your vehicle from the unexpected is a challenge we all face. Dents and dings can happen out of nowhere, leaving us frustrated about how to handle the world of repairs and expenses. That is where Principal Executive Shield steps in—your partner in securing your vehicle against the dangers of the road.
Paintless Dent Repair (PDR):
Dents can stem from a wide range of situations. Whether it is the nudge of a stray shopping cart or a minor door ding in your local store’s parking lot, the vulnerabilities are endless. Principal Executive Shield uses Paintless Dent Repair (PDR), a method designed to address imperfections less than four inches in length.
By using state-of-the-art PDR techniques, Principal Executive Shield ensures that any paintless dent blemish on your vehicle’s exterior body panels can be fixed. The dented sheet metal can be coaxed back to its original form while keeping the integrity of the car’s factory finish.
Countless Repairs, One Solution:
Principal Executive Shield redefines protection by taking away the limits associated with traditional coverage. With us, there is no cap on the number of times you can use PDR to fix damage. Whether you have a series of unfortunate events or an isolated incident, rest assured that your vehicle can be restored to its former glory each time.
Choice and Flexibility:
We understand that preferences vary, and so should the solutions that cater to your needs. Principal Executive Shield allows you to select from a range of term and deductible options, putting you in charge of your protection plan. Your policy isn’t etched in stone; it’s both adaptable and transferable, changing with your journey as a policyholder.
Elevate Your Vehicle Protection Today:
Principal Executive Shield isn’t just another coverage; it’s a comprehensive shield against life’s unexpected knocks. Elevate your vehicle’s protection by embracing the power of Paintless Dent Repair and the commitment of Principal Executive Shield. Protect your investment, maintain your vehicle’s elegance, and travel with assurance knowing that the highest level of vehicle protection is protecting your investment.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth-building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Rev up your engines because the North American International Auto Show (NAIAS) is back! From September 13th to 24th, 2023, the automotive world will once again meet in Detroit, Michigan, to celebrate the latest innovations and technologies from the auto industry.
NAIAS is known for spotlighting the best vehicles and technologies from American and international automakers. Motorweek is giving updates and showing some of the latest developments from the show. This event is a chance to see what’s in the works from brands such as Ford, General Motors, Chrysler, and others. From electric and autonomous vehicles to advanced safety features and shiny new vehicles, NAIAS grants the opportunity to explore the vehicles and technology that are shaping the future of the industry.
In the world of vehicle protection, you may come across the term “ancillary product.” But what exactly is it, and why should you consider adding it to your protection plan? A lot of companies offer ancillary products, but not all ancillary products come with Principal Warranty Corp.’s standout 15-second average hold times, 6-minute handle times, and 96% approval rate. In this, we’ll explore what ancillary products are, why they can be useful, and what we offer when it comes to safeguarding your vehicle.
What is an Ancillary Product?
An ancillary product is a product that adds an extra layer of protection to your main vehicle warranty. Think of it as an optional bonus that offers additional protection beyond the scope of your standard coverage. These products are designed to offer you peace of mind in many ways, making sure you’re prepared for unexpected situations.
Why Choose an Ancillary Product?
If you already have a traditional warranty plan, you might be wondering why you should consider an ancillary product. The answer is simple: while standard warranties cover the main mechanical components of your vehicle, they often leave out other crucial parts. Ancillary products fill this gap by letting you tailor your protection plans to reflect the components that matter to you.
Here are a few key reasons why ancillary products can be useful:
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- Comprehensive Coverage: Ancillary products cover a wide range of items, including but not limited to your vehicle’s key fobs, windshields, tires, and more. This means you’re no longer limited to traditional mechanical protections.
- Customization: All vehicle owners have their own needs and priorities when it comes to vehicle protection. Ancillary products allow you to create custom coverages, ensuring that you’re paying for what matters most to you.
- Added Peace of Mind: Accidents and repairs can be costly. Ancillary products offer an extra layer of protection and financial security, so you will not have to worry about future repair bills.
- Convenience: Ancillary products are easy to add to your existing protection plan, making them a convenient way to enhance your coverage without adding complications.
Principal Warranty Corp. Ancillary Products:
Principal Warranty Corp. offers a range of ancillary products to cater to various vehicle protection needs. While other businesses may offer products that are similar to ours, none of them have the support of Principal Warranty Corp., where we offer standout hold times, quick handle times, unmatched customer service, and a variety of ancillary products to suit your needs.
Ancillary products are useful to add to your vehicle protection plan and allow you to customize coverage, reduce financial risks, and enjoy peace of mind on the road. When choosing the best ancillary products for your vehicle, look at your unique needs and priorities to make an informed choice about protecting your investment.
Our ancillary offerings include:
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth-building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development, and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
The summer of 2023 has seen a notable upswing in the U.S. automotive industry, with new vehicle inventory levels increasing from the same point a year ago. The rise in inventory can be credited to a slow return to some form of normalcy in production after a few years of challenges. As the automotive landscape continues to go through changes, it is crucial for dealership groups to take steps to leverage their stockpiled inventory effectively.
The Surge in Inventory:
Recent statistics from Auto News paint a vivid picture of the current situation. New vehicle inventories in the U.S. have risen by an ample amount, reaching a 53-day supply or 1.95 million units, a 75 percent increase compared to last year. This growing stockpile of unsold vehicles shows an upward trend from where it stood even the month before. This surge has been seen most notably in electric vehicles (EVs) and with full-size cars with around 100 days of inventory stockpiled.
Opportunity with Wealth Management:
Amidst the shifting landscape, dealership groups are dealing with both challenges and opportunities. It is essential for them to consider how to make the most of their inventory. This is where wealth management comes into play.
Principal Warranty Corp. meets the unique financial needs of dealership groups in the automotive industry. Our wealth management capability is designed to help you navigate the ever-changing landscape. We understand that your wealth management portfolio should align with your financial objectives, and we have the expertise to make it happen.
- Alignment with Your Goals: Our team of experts works closely with you to make sure that your wealth management strategies are in harmony with your business objectives. We know that every dealership is unique, and our tailored solutions reflect this.
- Real-Time Support: In a fast-paced industry such as this one, real-time support is vital. Principal Warranty Corp. is committed to providing speedy service with 15-second hold times and an average of 6-minute handling times. This way, we are here when you need us, helping you stay ahead of lot volumes and seize opportunities in this dynamic market.
The surge in new vehicle inventory in the U.S. represents a turning point for dealership groups. It’s a moment to strategize and capitalize on the opportunities presented by this inventory growth. With Principal Warranty Corp.’s wealth management expertise and commitment to real-time support, you can navigate this ever-changing landscape with confidence.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
As a vehicle owner, it is crucial to make sure your investment is safe from unexpected mechanical issues. At Principal, we understand how valuable convenience and peace of mind is when it comes to taking care of your vehicle. That’s why we’re thrilled to introduce Auto Care Service Drive (S-Drive), one of our most flexible and wide-ranging protection plans. This plan is made to match your needs, giving vehicle owners the option to buy our top-tier protection plan after their vehicle purchase. With several options for mechanical protection and 24-hour roadside assistance, Auto Care S-Drive makes sure you can enjoy driving without worry.
Seamless Protection After Purchase:
Auto Care S-Drive is your complete post-purchase solution for vehicle protection. Unlike typical protection plans that have you buy right when you’re getting the vehicle, Auto Care S-Drive gives you the freedom to secure protection for your vehicle without being rushed. Simply head to the Service Department of dealers that are part of this program and ask about the availability of Auto Care S-Drive with your Service Advisor.
Robust Mechanical Protection:
Auto Care S-Drive offers several mechanical protection plans to fit your needs. From basic powertrain coverage to the comprehensive exclusionary maximum protection, our plans have you fully covered. Whether you drive a used vehicle, a certified pre-owned, or a brand-new car, you can rest assured knowing you’re protected against unexpected mechanical breakdowns.
Complete Peace of Mind with 24-Hour Roadside Assistance:
Auto Care S-Drive takes protection to the next level with 24-hour roadside assistance. We know that life on the road can be unpredictable, and that’s why we’re here to help whenever you need it most. From towing and flat tire changes to emergency gas delivery and battery jumps, our roadside assistance service has you covered around the clock.
Experience the Power of Auto Care S-Drive:
With Auto Care S-Drive, Principal allows you to take control of your vehicle’s protection like never before. Our flexible post-purchase solution makes sure you can safeguard your investment at your own pace. With a wide range of mechanical protection options, you’re sure to find the perfect plan for your needs. With 24-hour roadside assistance and the option to combine a maintenance package, Auto Care S-Drive the perfect choice for vehicle owners seeking complete peace of mind.
Don’t wait to experience the ultimate protection for your vehicle. Reach out to your Service Advisor at participating dealerships today to learn about Auto Care S-Drive’s availability and bring your vehicle’s protection to new heights.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
In a time where data breaches and cyber threats are on the rise, it is key for automotive dealerships to focus on data security. The Revised FTC Safeguard Rule went into effect on June 9th, 2023, and holds particular importance for the automotive dealer industry. This rule was put in place in 2003 and updated by the FTC in 2021 to align with changing technology and offer clear guidelines on data security. In this article, we’ll explore what dealerships should know and do to protect themselves and their customers in line with the Safeguard Rule.
Understanding the Revised FTC Safeguard Rule:
The FTC Safeguard Rule outlines three key requirements that businesses, including automotive dealerships, must stick to:
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- Keeping Information Secure: Automotive dealerships must prioritize the security and confidentiality of customer information. This means taking steps to prevent unauthorized access to or disclosure of sensitive data.
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- Guarding against Expected Threats: Dealerships should proactively protect customer information by setting up safeguards against expected threats or hazards to the security and integrity of the data. This means finding potential weaknesses and taking action to address them.
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- Preventing Unauthorized Access: Automotive dealerships must take steps to protect customer information from unwanted access that could cause harm or inconvenience to any customer. This includes using access controls, authentication measures, and encryption technologies.
To help automotive dealerships comply with the Revised FTC Safeguard Rule, consider the following practical recommendations:
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- Secure Document Handling: Safeguard financial information by shredding physical documents that contain customer data. If paper copies are necessary, store them in locked cabinets to prevent unwanted access.
- Regular Security Testing: Conduct quarterly penetration tests at the dealership to identify security weaknesses. This can involve simulated scenarios, such as checking for unlocked computers, ensuring customer data is not left exposed on paperwork, and getting rid of the use of sticky notes with passwords.
- Strengthen Password Security: Encourage employees to use complex passwords or implement a password vault solution. Password vaults, like BitWarden, provide secure storage for passwords and limit access to authorized personnel. Additionally, emphasize the importance of locking computer screens when stepping away to prevent unauthorized access.
- Secure Email Communication: Consider using email exchanges that offer stronger protection, such as Microsoft Outlook 365. These platforms use advanced sorting features and limit the risk of phishing and scam emails. Tell employees to use caution with emails from unknown senders and only open file attachments from trusted sources.
The FTC has identified nine elements that can bolster data security within your dealership and workspace. Check those out at the button below.
Complying with the Revised FTC Safeguard Rule is essential for automotive dealerships to protect themselves and their customers from data breaches and potential harm. By prioritizing data security and using practical measures such as secure document handling, regular security testing, strengthening password security, and securing email communication, dealerships can reduce risks and foster a secure environment. Proactively following these guidelines helps with regulatory compliance and builds trust with customers, who entrust their private information to these businesses. By safeguarding customer data, automotive dealerships can position themselves as responsible stewards of privacy and enhance their reputation in the industry.
Your vehicle’s windshield is one of its most important safety features, protecting you and your passengers from outside elements while giving you clear visibility on the road. Unfortunately, windshield damage happens often and can pose a large risk to your safety. That’s where Principal Safety Shield comes in to save the day. Giving you comprehensive coverage for windshield repair and replacement, Safety Shield makes sure that you can hit the road with peace of mind, knowing that your windshield is fully protected.
Unrivaled Coverage for Windshield Damage:
Safety Shield goes beyond the typical insurance policies by providing coverage for different types of windshield damage. Whether you run into cracks, chips, stars, or sand pitting, Safety Shield has you covered. These damages are fixed by licensed repair facilities, ensuring high-quality workmanship that gives back your windshield’s strength.
No Deductible and Transferable Coverage:
Principal Safety Shield stands out from the crowd with its customer-centric approach. Unlike traditional insurance policies, Safety Shield doesn’t burden you with deductibles. This means that when you need to repair or replace your windshield, you won’t have to pay a dime out of pocket. It’s a true testament to Principal’s commitment to customer satisfaction.
Another key advantage of Safety Shield is its transferable coverage. If you sell your vehicle, the leftover coverage can be transferred to the new owner. This feature adds value to your vehicle and provides additional peace of mind for future owners. Whether you’re a new car buyer or have a pre-owned vehicle, Safety Shield offers unmatched convenience and protection.
The Replacement Solution for Large Cracks:
Even the most careful drivers can experience the unfortunate event of a large windshield crack. Principal Safety Shield recognizes this and offers a solution when repairs are not possible. If a crack exceeds 6 inches in length, Safety Shield covers the complete replacement of the windshield. This means you won’t have to bear the hefty cost of replacing a damaged windshield on your own.
Why Choose Principal Safety Shield?
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- Complete Protection: Safety Shield covers a wide range of windshield damages, including cracks, chips, stars, and sand pitting. It makes sure your windshield stays in optimal condition, guaranteeing your safety on the road.
- No Deductible: With Safety Shield, there are no deductibles to worry about. You won’t face any unexpected out-of-pocket costs when repairing or replacing your windshield.
- Transferable Coverage: Safety Shield offers the flexibility to transfer the remaining coverage to a new owner if you decide to sell your vehicle. This feature adds value and peace of mind to both you and future owners.
- Cost Savings: By getting rid of deductibles and covering windshield replacement for larger cracks, Safety Shield helps you save money in the long run. You can drive with confidence, knowing that potential windshield repairs won’t drain your finances.
Principal Safety Shield is the ultimate solution for protecting your windshield from the damage that can happen on the road. With comprehensive coverage for various types of windshield damage and the option for complete replacement, Safety Shield offers unparalleled peace of mind for both new and pre-owned vehicle owners. Say goodbye to deductibles and hello to worry-free driving with Principal Safety Shield. Protect your windshield and ensure your safety wherever the road takes you.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
If you’re a motorcycles, ATVs, scooters, snowmobiles, or personal watercraft enthusiast, you understand the excitement these powersports vehicles bring. Whether you’re riding on the open road or conquering off-road terrains, Principal Powersports is here to ensure you have a worry-free and enjoyable experience. Our comprehensive powersports programs offer mechanical protection plans and GAP protection tailored to meet the specific needs of each vehicle category, providing you with unmatched peace of mind.
Exclusionary Mechanical Protection:
Principal Powersports offers exclusionary mechanical protection plans that go above and beyond basic coverage. These plans provide comprehensive protection for your powersports vehicle, covering all major components against unexpected mechanical breakdowns. From the engine to the transmission, drive system, electrical components, cooling system, suspension, and more, our plans have you covered. With Principal Powersports, you can ride with confidence, knowing that costly repairs are taken care of.
GAP Protection:
In addition to mechanical protection, Principal Powersports offers GAP (Guaranteed Asset Protection) coverage. This coverage is designed to protect you financially in the event of a total loss or theft of your powersports vehicle. GAP coverage bridges the gap between the actual cash value of your vehicle and the remaining loan balance, ensuring you’re not left with a financial burden.
24-Hour Roadside Assistance:
At Principal Powersports, we understand that unexpected breakdowns can happen anytime, anywhere. That’s why all our mechanical protection plans include 24-hour roadside assistance benefits. Whether you experience a flat tire, run out of gas, need a jump-start, or require towing, our roadside assistance service is just a phone call away. We’re here to provide you with prompt support and get you back on your adventures in no time.
Customized Protection for Every Powersport:
Principal Powersports recognizes that each powersports vehicle is unique, with different needs and requirements. That’s why our programs cover a wide range of vehicles, including on-road motorcycles, off-road motorcycles, ATVs, scooters, snowmobiles, and personal watercraft. No matter your chosen ride, we have the right protection plan to suit your vehicle.
Experience the Thrills with Principal Powersports:
Don’t let the fear of unexpected repairs or financial loss dampen your powersports adventures. Principal Powersports is dedicated to ensuring you can fully enjoy the thrill and excitement of your rides, knowing that you’re protected. With our exclusionary mechanical protection plans, GAP coverage, and 24-hour roadside assistance, you can hit the road, trail, or water with confidence.
Contact us to learn more about Principal Powersports and how our programs can provide you with comprehensive protection for your powersports vehicles. Your thrills await!
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Owning a vehicle comes with plenty of uncertainties. From unexpected breakdowns to costly repairs, it’s important to have a trusted protection plan in place to give you peace of mind. That’s where Principal Auto Care comes in. As Principal Warranty Corp.’s premier vehicle service contract, Auto Care offers a variety of coverages to meet the different needs of vehicle buyers. Whether you’re buying a new, certified pre-owned, or used vehicle, Auto Care provides comprehensive mechanical protection and unmatched peace of mind.
Coverage Options for Every Need:
Auto Care offers a wide range of coverage options to meet your needs. From basic Powertrain protection to Maximum exclusionary coverage, we have you covered. Our contracts cover all major vehicle components, including the engine, transmission, drive axle, seals & gaskets, air conditioning, heating & cooling, electrical systems, braking, suspension, steering, fuel delivery, and much more. Depending on the coverage you pick during your vehicle purchase, you can have peace of mind knowing that the most important parts of your vehicle are protected.
24-Hour Roadside Assistance:
With Auto Care, we go beyond mechanical protection. We understand that breakdowns can happen at any time, leaving you stuck on the side of the road. That’s why Auto Care includes 24-hour roadside assistance, making sure that you’re never alone in an unexpected situation. If you are ever in need of a tow, a jump-start, fuel delivery, or even help with a flat tire, our committed team is just a phone call away.
Low Deductible and More Benefits:
Auto Care not only provides great coverage but also offers additional benefits to make your ownership experience better. Our contracts include a very low deductible, cutting your out-of-pocket expenses in the event of a covered repair. Auto Care also provides rental reimbursement and substitute transportation reimbursement, ensuring that you have a way to get around while your vehicle is serviced away from home.
Options for Specific Vehicle Needs:
We understand that each vehicle is unique, and its coverage should reflect that. That’s why Auto Care offers select options for business use, hybrid vehicles, and lift kits for up to 8 inches. We want to ensure that your vehicle is perfectly covered, no matter its specific needs.
Upgrade with Auto Care Maintenance Package:
For those who want even more convenience and peace of mind, you can upgrade with the Auto Care Maintenance package. This package covers essential maintenance services such as engine oil changes, filter replacements, inspections, and much more. The best part? There’s no deductible for these covered services, allowing you to keep your vehicle in top condition without worrying about additional costs.
Choose Principal Auto Care for Unmatched Protection:
When it comes to protecting your investment, Principal Auto Care stands out as a leader in the industry. With our comprehensive coverage options, 24-hour roadside assistance, low deductibles, and additional benefits, you can drive with confidence knowing that you’re fully protected. Explore our contract details for more information and find the coverage that suits your needs.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Recent legislation in the Senate to address the alarming rise in catalytic converter thefts has gained significant attention and support. The National Automobile Dealers Association (NADA) voiced their appreciation for this crucial step taken to assist law enforcement in fixing this growing issue.
The Preventing Auto Recycling Theft (PART) Act, brought in by Democratic Sens. Amy Klobuchar and Ron Wyden, aims to curb catalytic converter thefts by implementing measures such as requiring new vehicles to have the Vehicle Identification Number (VIN) stamped onto the converters. This critical solution enables law enforcement officers to trace stolen parts back to their original vehicles.
The PART Act also proposes the establishment of a grant program that would allow dealers, repair shops, and other eligible entities to stamp VINs onto converters of existing vehicles. Furthermore, it calls for the imposition of federal criminal penalties, including jail time of up to five years, for theft, sale, trafficking, or known purchases of stolen catalytic converters.
The widespread nature of catalytic converter thefts has become a big concern for both dealerships and consumers. NADA President and CEO Mike Stanton highlighted the urgent need for action, emphasizing the ease with which criminals perceive this type of theft due to the lack of traceability and inconsistencies in state laws.
The Senate bill is currently under review by the Committee on Commerce, Science, and Transportation, awaiting further support, including from Republican lawmakers.
The rising rates of catalytic converter thefts in the United States can be traced to the presence of valuable precious metals like platinum, palladium, and rhodium within these parts. Unfortunately, their lack of traceability makes them lucrative targets for criminals.
According to the National Insurance Crime Bureau, the reported cases of catalytic converter thefts in the U.S. skyrocketed to 14,433 in 2020, compared to 3,389 in 2019 and a mere 1,298 in 2018. These stolen converters fetch up to $350 each on the black market, while replacement costs for vehicle owners can reach as high as $2,500.
As catalytic converter thefts continue to surge, David Glawe, CEO of the National Insurance Crime Bureau, highlighted the need for stronger deterrents to discourage such crimes. He stressed the importance of Congress enacting legislation that classifies catalytic converter theft as a felony and introduces more severe penalties to dissuade criminals.
The PART Act, introduced by U.S. Rep. Jim Baird and supported by over 40 lawmakers from both parties, has already gathered bipartisan backing. It has been referred to the House Subcommittee on Consumer Protection and Commerce, with industry organizations like NADA urging for a hearing on the measure.
Principal Warranty Corp. recognizes the pressing need to address catalytic converter thefts. While legislative efforts are underway, it is important for vehicle owners and dealerships to take proactive measures to protect themselves. That’s why we have developed Principal Catalytic Converter Theft Shield—an exceptional product offering comprehensive coverage and financial protection against the rising threat of converter thefts.
By choosing Principal Catalytic Converter Theft Shield, you can secure your vehicle and shield yourself from the financial burdens linked with this growing epidemic. Stay tuned for more updates and information on how you can safeguard your vehicle with our cutting-edge protection plan.
Experience the security and peace of mind you deserve with Principal Catalytic Converter Theft Shield.
Contact us now to learn more about our exceptional product and how it can safeguard your vehicle against the growing threat of catalytic converter thefts. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access varies by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Car keys have become more advanced, adding cutting-edge technology and features that enhance security and convenience. However, with these upgrades, the cost of key replacements has also increased. Losing or having car keys stolen can be a stressful and costly experience. But fear not! We have a solution that will save your customers from the financial burden and inconvenience that comes with key replacement. Introducing Principal Key Shield—a comprehensive key protection product designed to give you unrivaled peace of mind.
Comprehensive Key Protection:
Principal Key Shield is specifically tailored to offer car buyers coverage for lost or stolen key fobs. With this product, your customers can rest easy, knowing that the cost of replacing their keys is fully covered. Principal Key Shield offers coverage for key replacements of up to $800 per occurrence, ensuring that customers don’t have to bear the entire cost of getting a new key.
Additional Coverage for Personal Keys:
Principal Key Shield goes above and beyond by not only covering car keys but also providing coverage for personal keys such as those used for trailers, RVs, lock boxes, and more. If any of these keys are lost or stolen, your customers are fully protected and can have them replaced without any additional expenses. This comprehensive coverage ensures that your customers can continue with their daily activities without any interruptions.
Vehicle Lockout Assistance and Towing Coverage:
Principal Key Shield doesn’t stop at key replacement coverage. As a policyholder, your customers will also benefit from vehicle lockout assistance of up to $100 per occurrence. Accidentally locking oneself out of a vehicle can happen to anyone, but with this coverage, customers can rely on quick assistance to regain entry to their vehicles. Additionally, if customers find themselves stranded away from home due to lost or damaged keys, Principal Key Shield provides towing assistance to make sure they and their vehicles are safely transported.
24-Hour Roadside Assistance:
Principal Key Shield offers 24-hour roadside assistance benefits, providing your customers with support in unexpected situations. Whether they need a tow, a flat tire change, emergency gas delivery, a battery jump-start, or even help with a home lockout, this coverage has them covered. The comprehensive package of services ensures that your customers can confidently navigate any challenges on the road.
Losing or having car keys stolen can be a frustrating and costly experience. Principal Key Shield is here to provide your customers with the protection and peace of mind they deserve. With coverage for key replacement, personal keys, vehicle lockout assistance, towing coverage, and 24-hour roadside assistance, Principal Key Shield is the ultimate solution to alleviate worries and ensure worry-free driving experiences.
Don’t let the fear of lost or stolen keys weigh you or your customers down. Help them safeguard their car keys and enjoy a seamless driving experience with Principal Key Shield.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
In today’s world, we rely on the technology in our cars for safety, comfort, and connectivity. However, these advanced systems can be difficult and costly to repair if they are damaged or break down. That’s why Principal Tech Care was created, to provide car buyers with protection for some of the high-cost electronic systems now added in most vehicles.
Protect Your Investment:
Principal Tech Care offers protection for electronic systems such as navigation, Bluetooth, and safety systems. With Tech Care, you can have peace of mind knowing that your vehicle’s electronic systems are safe against unexpected damage and repairs. The terms for coverage range from 1 year or 12,000 miles to 4 years or 48,000 miles for pre-owned vehicles, and 3 years or 50,000 miles to 8 years or 120,000 miles for new vehicles.
No Deductibles or Limits:
One of the best features of Principal Tech Care is that there are no deductibles or limits on coverage benefits. This means that if something goes wrong with your electronic systems, you won’t have to pay out of pocket for covered repairs.
High-Tech Protection Today:
If you’ve invested in a high-tech vehicle, it’s important to protect that investment with Principal Tech Care. With coverage options ranging from 1 to 8 years, you can choose the plan that best suits your needs and budget. And with 24-hour roadside assistance and no deductibles or limits on coverage benefits, you can drive with confidence knowing that you’re covered. Contact your local dealership today to learn more about Principal Tech Care and how it can protect your high-tech vehicle.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and availability vary by state. See product details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Leasing a vehicle has become a popular option in recent years, providing drivers the option to drive a new car without the long-term commitment of buying. However, with leasing comes the duty of maintaining the vehicle throughout the span of the lease. That’s where Principal Lease Care comes in – a product designed to help car leasers maintain their vehicle and protect it from damage and repairs.
Comprehensive Coverage for Your Leased Vehicle:
Principal Lease Care provides a comprehensive range of coverage options to protect your leased vehicle against damage and repairs. This includes Paintless Dent Repair, Windshield Repair and Replacement coverage, Key Replacement, and Interior and Exterior protection by means of material sealant. This makes sure that your leased vehicle stays in top condition throughout the full length of your lease.
Lease End Benefit:
Principal Lease Care also provides a lease end benefit for up to $2,000 towards common items that may need repair or replacement at the end of your lease. This includes Tire and Wheel repairs, Paint Damage, Signal and Brake bulbs, Rips and Tears, and more. This benefit grants peace of mind for drivers who may be concerned about end-of-lease costs.
24-Hour Roadside Assistance:
On top of the comprehensive coverage options, Principal Lease Care also includes 24-hour roadside assistance. This service provides towing, flat tire changes, emergency gas delivery, battery jumps, and a key lockout service, ensuring that you’re never stranded on the side of the road.
No Deductibles or Limits:
With Principal Lease Care, there are no deductibles or limits on coverage benefits, providing maximum protection for your leased vehicle. Additionally, there are no single event limits for the Lease End Coverage benefit, providing flexibility and coverage that matches your needs.
Benefits of Principal Lease Care:
Principal Lease Care offers a range of benefits that are made for the unique needs of car leasers. With comprehensive coverage options, a lease end benefit, and 24-hour roadside assistance, you can rest assured knowing that your leased vehicle is protected against unexpected damage and repairs. Additionally, the lack of deductibles or limits on coverage benefits provides maximum protection for your leased vehicle.
Protect Your Leased Vehicle with Principal Lease Care:
Leasing a vehicle can be a great option for those who want a new car without the commitment of purchasing. However, it’s important to ensure that the vehicle is protected against damages and repairs. With Principal Lease Care, you can have peace of mind knowing that your leased vehicle is protected against unexpected damage and repairs. From Paintless Dent Repair to Interior and Exterior protection, Lease Care provides complete protection for your leased vehicle. Contact your local dealership today to learn more about Principal Lease Care and how it can help you maintain your leased vehicle.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
When you invest in a vehicle, you want to ensure that it’s protected against unexpected damages and repairs. That’s where Principal Total Care comes in – a unique product designed as a packaged bundle of several individual products, providing complete protection for your vehicle. Total Care combines a range of coverage options, including Tire & Wheel coverage, Cosmetic Wheel coverage, Windshield Protection coverage, Key Replacement coverage, and Paintless dent repair, all in one convenient plan.
Comprehensive Coverage for Your Vehicle:
Principal Total Care offers a range of coverage options to protect your vehicle against unexpected damages and repairs. Tire & Wheel coverage provides protection for your tires and wheels, covering the cost of repairs or replacement due to road hazards such as nails or potholes. Cosmetic Wheel coverage ensures that your wheels remain in pristine condition, covering the cost of cosmetic damages such as scratches, scuffs, and scrapes. Windshield Protection coverage provides coverage for chips or cracks, ensuring that your windshield remains clear and free of damage. Key Replacement coverage provides coverage for lost or damaged keys, while Paintless dent repair offers a fast and cost-effective solution for dents less than 4 inches in diameter.
24-Hour Roadside Assistance:
In addition to the comprehensive coverage options, Principal Total Care also includes 24-hour roadside assistance. This service provides towing, flat tire changes, emergency gas delivery, battery jumps, and a key lockout service, ensuring that you’re never stranded on the side of the road.
Flexible Coverage Options:
With Principal Total Care, you have the flexibility to choose the coverage options that are most important to you. There are multiple coverage options available, allowing you to tailor the plan to your unique needs and preferences. This means that you can select the coverage options that make the most sense for your vehicle and your budget.
Benefits of Principal Total Care:
Principal Total Care offers a range of benefits that are tailored to the unique needs of vehicle owners. With comprehensive coverage options and 24-hour roadside assistance, you can rest assured knowing that your vehicle is protected against unexpected damages and repairs. The flexible coverage options allow you to choose the coverage that makes the most sense for your vehicle and your budget, ensuring that you’re never paying for coverage that you don’t need.
Protect Your Vehicle with Principal Total Care:
Your vehicle is an investment, and it deserves the best possible protection. With Principal Total Care, you can have peace of mind knowing that your vehicle is protected against unexpected damages and repairs. From Tire & Wheel coverage to Paintless dent repair, Total Care provides complete protection for your vehicle, all in one convenient plan. Contact your local dealership today to learn more about Principal Total Care and how it can safeguard your vehicle.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
If you’re the proud owner of a luxury vehicle, you know that it’s not just a way to get around, but a statement of your personal style and success. However, with luxury comes a responsibility to protect your investment, and unexpected repairs can quickly become a financial burden. That’s where Principal Luxury Care comes in – a mechanical vehicle service contract that was made to provide comprehensive coverage and peace of mind for higher-end automobile owners.
What sets Principal Luxury Care apart from other service contracts in the market is its tailored coverage options and benefits that cater to the unique needs of luxury vehicle owners. Let’s take a closer look at what makes Principal Luxury Care the ultimate protection for your prized possession.
Comprehensive Coverage Options:
Principal Luxury Care offers a range of coverage options to suit your specific needs. For new and preowned vehicles, you can choose from Powertrain Plus, Preferred, or Maximum coverage plans. Powertrain Plus provides coverage for essential powertrain components, while Preferred expands the coverage to include major mechanical and electrical components. Maximum, as the name suggests, offers the most comprehensive coverage, including virtually all mechanical and electrical components of your vehicle, giving you complete peace of mind.
In addition to the standard coverage options, Principal Luxury Care permits you to add additional coverage for specific parts such as seals and gaskets, hydraulic suspensions, and air bladder suspensions. This allows you to change your coverage to match the unique features of your luxury vehicle, ensuring that you are protected against unexpected repair costs.
Additional Benefits for Added Peace of Mind:
Principal Luxury Care goes beyond basic coverage by providing additional benefits that are tailored to the needs of luxury vehicle owners. With 24-hour roadside assistance, you can rest assured knowing that help is just a phone call away, whether you’re stuck on the side of the road or locked out of your vehicle. Substitute transportation reimbursement ensures that you won’t be left stranded if your vehicle requires repairs, and trip interruption reimbursement provides coverage for expenses such as accommodations and meals if you’re stranded away from home due to a covered repair.
Discounts and Deductible Options:
Principal Luxury Care also offers attractive discounts and deductible options to further enhance the value of your coverage. Returning to the purchasing dealership for repairs can earn you a discount, ensuring that your vehicle is serviced by trained technicians who are familiar with your luxury vehicle. Deductible options allow you to choose a level of out-of-pocket expense that fits your budget and preferences, giving you flexibility in managing your repair costs.
Peace of Mind for Luxury Vehicle Owners:
With Principal Luxury Care, luxury vehicle owners can enjoy peace of mind knowing that their investment is protected against unexpected and costly repairs. The tailored coverage options, additional benefits, and flexible deductible options make Principal Luxury Care a comprehensive and customizable solution for luxury vehicle owners.
Don’t let unexpected repairs drain your wallet and tarnish your luxury driving experience. Invest in Principal Luxury Care and drive with confidence, knowing that you’re protected by the ultimate mechanical vehicle service contract for luxury vehicles. Contact your local dealership today to learn more about Principal Luxury Care and how it can safeguard your high-end automobile.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access varies by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Principal Warranty Corp. is excited to announce the launch of our newest automotive warranty product: Catalytic Converter Theft Shield. This product protects vehicles from unexpected and expensive repairs resulting from catalytic converter thefts.
Catalytic converter thefts have become a growing problem in recent years, with thieves targeting vehicles for the valuable metals in their catalytic converters. In fact, according to the National Insurance Crime Bureau, there were over 25,000 catalytic converter thefts in the United States in 2020 alone.
With Catalytic Converter Theft Shield, customers can protect their vehicles from this costly and inconvenient crime. The product can be purchased at any dealership that offers Principal Warranty Corp. products, providing customers with peace of mind and protection against unexpected repair bills.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
What Does a Vehicle Warranty Administrator Do?
Automotive Warranty Administrators are the connection between a dealership, a warranty holder and repair facilities. They provide support during the sale of the contract and aid to contract holders who need to make use of their benefits. Administrators help guide the vehicle repair or claim process between the agreement holder and repair facility, as well as other parties that may be involved.
Warranty coverage is meant to lessen the financial risk that comes with vehicle ownership and the unavoidable maintenance and repairs. These warranties are sometimes referred to as a third-party warranty or an extended warranty, which refers to the lengthening of the manufacturer’s warranty.
How is Principal Warranty Corp. different from other Auto Warranty Administrators?
Our main goal is to deliver first-rate customer service to dealership employees, vehicle owners, and mechanics who help get owners back on the road. Our competitors in the industry use complex phone queues and have long hold times that drag on all processes for finding solutions to your needs. When a mechanic calls Principal Warranty Corp., they will speak to a real person within 15 seconds, saving all parties involved valuable time.
While quick and clear communication is essential, we discovered that training presents a great possibility for success with dealerships in educating customers about the potential benefits of warranty products. We assist dealer personnel in learning our products and procedures by utilizing our top-tier training professionals who link with our dealership clients and by organizing training events at our training center.
Principal Warranty Corp. takes pride in offering a wide range of products and having a quick-thinking staff of product developers who can quickly design new products depending on shifting consumer demands. Our product offerings in RVs, Powersports, and Automotive meet a variety of consumer needs. Additionally, we can white glove brand-new products for dealerships to meet a variety of consumer needs, giving customers peace of mind as they drive off the lot.
Who do I contact in the event my vehicle breaks down?
A certified mechanic is required to carry out all covered repairs. However, the first action depends on where your car is. If your plan allows it and your car isn’t at home or in a good spot, call 24/7 Roadside Assistance to have it towed to a shop. Give your vehicle’s warranty to the licensed mechanic once it is there and ask them to contact us to start a claim. To proceed with your repairs, we will collaborate with your mechanic.
Principal Warranty Corp. is pleased to announce the opening of a new office in Scottsdale, Arizona.
The new Scottsdale office will serve many functions, one of which is to increase our total number of claims adjusters. As we grow, our goal is to have low hold times with no phone trees, which we do by having the appropriate number of team members to best serve our clients and contract holders. With the addition of the Scottsdale office, we can continue to meet our clients’ service expectations by building our team of adjusters and customer support experts while continuing to use our cutting-edge technology systems to guarantee seamless integration between offices.
Dan Mason, Executive Vice President, will be leading the Scottsdale office growth and expansion of PWC’s training and development division. “Scottsdale was a great pick as it helps service a sizeable portion of our clients along the West Coast and Southern United States,” said Dan. “In addition to holding training events for internal use, we are excited to have this expanded space with modern technology to amplify our existing top tier comprehensive dealership training programs.”
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Why would I want GAP coverage?
Many lenders require comprehensive coverage on your auto insurance policy if you’re leasing or financing a new car until it’s paid off.
GAP (Guaranteed Auto Protection) is intended to be used in conjunction with collision or comprehensive insurance. If you have a covered claim, your collision or comprehensive coverage will assist in paying for your totaled or stolen vehicle up to its depreciated worth. Most vehicles lose roughly 20% of their value in the first year of ownership.
But what if you still owe more on your loan or lease than the depreciated worth of the vehicle? This is where GAP coverage can come in handy.
When would GAP coverage help me?
If you owe more than the vehicle is worth on your vehicle loan, there will be a “GAP” in the value of your vehicle that can be paid out by insurance, and what is left on the loan. “Totaled” signifies that the repair costs surpass the vehicle’s worth. The decision to declare your vehicle “a total loss” is based on state regulations and your insurer’s discretion.
How does GAP coverage work?
Here’s an illustration of how GAP coverage might work: Assume you paid $30,000 for a brand-new vehicle. If your vehicle is totaled in a covered collision, you still owe $18,000 on your auto loan. Your collision coverage would reimburse your lender up to the depreciated value of the damaged car, say $14,000. If you do not have GAP coverage, you will be required to pay $1,000 out of pocket to settle your auto loan on the totaled vehicle. If you have GAP coverage, your insurer will contribute to the $1,000.
Keep in mind that in the preceding example, the vehicle insurance refund goes entirely to your auto lender to pay off a totaled vehicle. If you believe you may need assistance in obtaining a new automobile if yours is totaled, you might consider purchasing new car replacement coverage. Some insurers bundle loan/lease GAP coverage with new car replacement coverage as a single add-on to a new automobile insurance policy.
Is gap insurance worth it?
If you’re thinking about purchasing gap insurance, keep in mind that this type of coverage may only be offered if you’re leasing or financing a new vehicle. Then consider how much you owe on your automobile loan in comparison to its value. Do you owe more than the value of your car? Can you afford to pay the difference alone if your car is totaled? Consider Principal GAP coverage on your vehicle with the following in mind:
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- If you made less than a 20 percent down payment on your vehicle
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- If your auto loan is 60 months or longer
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- If you’re leasing a vehicle.
Have questions about GAP coverage? Talk to your dealership finance manager, or check out our Principal GAP coverage product page at this link.
What is an Ancillary Vehicle Service Contract (VSC)?
Third party warranties (we will use VSC’s for short) are coverages that can help you prevent expensive repairs from eating into your wallet. Having an unexpected bill for your new or used car can be frustrating and difficult to budget for. Your VSC acts as a shield to help cover you and your family from costly repairs. Service contracts come in a wide variety of options, but typically they break down into either bundled coverage for a wide variety of vehicle components, or as coverage plans for more specific repairs/replacements. Ancillary VSC’s are warranty options that can go beyond mechanical protection and ensure peace of mind in a variety of ways. From vehicle theft protection to key replacements, ancillaries can be a great option in adding to your overall coverage.
Examples of Ancillary Vehicle Service Contracts:
Principal Wear Shield– Wear Shield is a warranty that offers protection for parts not typically covered in a manufacturer’s warranty, or in other vehicle service contracts. Examples of items not typically covered include tires, brake pads, and brake rotors. Principal Wear Shield also includes 24/7 Roadside Assistance.
Principal Key Shield– Principal Key Shield is a standalone protection coverage that covers the cost of replacing your key(s) if they are lost, stolen, or damaged. The Principal Key Shield protection plan comes with 24/7 Roadside Assistance.
Principal Connect – Have even more peace of mind with your vehicle by having a professionally installed GPS anti-theft system by Elo. Not only do you have geofencing and advanced security alerts with Elo, you can also easily see vehicle health and monitor for potential mechanical issues using the built in CarRx feature. Read car diagnostics or set security guidelines from the convenience of the CarRx & Elo phone app.
What should I do if I have a third party warranty and my car breaks down?
All covered repairs must be performed at a licensed mechanic. But the very first step depends on where your vehicle is located. If your vehicle is not at home or in an ideal location and your plan offers it, call 24/7 Roadside Assistance to get towed to a mechanic. Once your vehicle is at a licensed mechanic, provide them with your Principal vehicle service contract and ask them to call us to initiate a claim. We will work with your mechanic to move forward with your repairs.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Principal Warranty Corp. is pleased to announce our new partnership with the New Century Auto Group Airstream. New Century has locations in Nevada and California.
New Century Auto Group Airstream locations strive to provide top tier pre-owned and new Airstream recreational vehicles.
Principal Warranty Corp. has carried out our RV Service Contract products at all Airstream locations. PWC products and services include RV & Auto Service Contracts, GAP, ancillary protection programs, administration, outstanding product training, with industry leading claims processing and call times.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Principal Warranty Corp. is thrilled to announce our new partnership with the Johnson RV group. Johnson RV has locations in Oregon, Washington, and California and has one of the largest selections of motorhomes on the West Coast.
Johnson RV is a family-owned business that strives to deliver top tier pre-owned and new motorhomes. They follow well defined and stringent policies to make sure that any pre-owned motorhome is as close to new as possible while having a wide selection of new motorhomes available.
Principal Warranty Corp. has adopted our full suite of F&I products at all Johnson RV locations. PWC products and services include vehicle service contracts, GAP, ancillary protection programs, administration, outstanding product training, with industry-leading claims processing and call times.
“We looked at quite a few service contract companies before finally going with PWC. We wanted a big presence with a local company feel and we got that with Principal Warranty Corp.,” expressed Uriah Beltran, Finance Director for all Johnson RV dealerships.
“We are extremely excited to work with everyone at Johnson RV. Their four core values match well with our company and are just part of why Johnson RV is a leader in motorhome sales on the west coast.,” said Keith Hofkamp, VP of Field Operations.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Principal Warranty Corp. is excited to announce a unique new product, Principal Cosmetic Care!
PWC’s Cosmetic Care is designed to enable dealerships to enhance their premium line-up of vehicles with a protection product which takes care of the customers’ investment aesthetically.
The policy includes Wheel Repair, Paintless Dent Repair, and Windshield Repair – all of which have no deductible and are transferable. Our Cosmetic Care product allows for “unlimited” benefits for the term of the plan.
Principal Warranty Corp. strives to offer a variety of programs to help customers keep their vehicle in top condition, maintain vehicle value, and provide maximum protection. Cosmetic Care covers repair costs for some of the most common “cosmetic” flaws to your vehicle; wheel scratches, dents and dings, windshield cracks, stars and chips.
Contact us to learn more about our full-service vehicle contracts and how they can help you. Don’t forget that at Principal Warranty Corp., we want you to drive with confidence and peace of mind.
Program coverage and access vary by state. See details on our product page.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
Principal Warranty Corp. is pleased to announce our new partnership with the Fletcher Jones Family of Fine Dealerships. The Fletcher Jones Auto Group comprises 13 dealerships and employs over 510 people nationwide.
The Fletcher Jones brand came from humble beginnings in 1946 with Fletcher Jones Senior starting the first dealership in downtown Los Angeles. They now have 13 successful Mercedes-Benz, Audi, and Porsche dealerships around the nation including California, Nevada, Hawaii, and Chicago. Fletcher Jones dealerships have the most innovative automotive facilities, staffed by some of the industry’s best and most experienced employees. Their stores are currently number one in sales nationally for Audi and Mercedes-Benz.
Principal Warranty Corp. has implemented our full suite of F&I products at all Fletcher Jones locations. PWC products and services include vehicle service contracts, GAP, ancillary protection programs, administration, innovative product, and F&I training, with industry leading claims processing and call times.
“We looked at a number of different companies to partner with when starting our reinsurance company. Principal Warranty Corp. was absolutely the best fit for us. We feel like their customer-centric approach to the business mirrors our values as a company. Also, the ability to collaborate on the design rather than having to take the off the shelf product was important to us. We have been more than pleased with the roll out and partnership and look forward to our continued success”, expressed Fletcher Jones III, COO for Fletcher Jones.
“The idea of doing things right, no matter what, was an initial draw for both our companies. Then realizing that empowering people and providing world-class customer service was a driving factor for both of us, it proved to be a fantastic match”, said Travis Coulter, President/CEO of Principal Warranty Corp. “Partnering with an organization the caliber of Fletcher Jones is a responsibility we embrace, and together, both our teams look forward to a long and prosperous relationship”.
Principal Warranty Corp. is a customer-centric company that takes pride in our automotive and recreational vehicle F&I products and wealth building programs for dealers, agents, and contract holders all over the nation. Our full line of F&I products for auto, RV, and powersports includes exclusive and comprehensive mechanical service contracts, lifetime and limited warranty programs, GAP, ancillary plans, reinsurance programs, dealer development and compliance training. Principal Warranty Corp. has its head office north of Seattle in Burlington, WA.
To learn more, visit us at www.principalwarrantycorp.com.
What is a Vehicle Service Contract (VSC) or Third Party Warranty?
Third party warranties (we will use VSC’s for short) help you prevent expensive repairs from eating into your wallet. Having an unexpected bill for your new or used car can be frustrating and difficult to budget for. Your VSC acts as a shield to help cover you and your family from costly repairs. Service contracts can come in a wide range of options, but typically they break down into either bundled coverage for a wide variety of vehicle components, or as coverage plans for more specific repairs/replacements.
Examples of Vehicle Service Contracts:
Principal Auto Care– Auto Care is a bundle of different mechanical coverage levels, which lets you choose how much of your vehicle that you want protected. Choose from basic powertrain coverage or go for a maximum plan that covers anything except for some excluded items. Auto, RV, and Powersport Care VSC’s include benefits like 24/7 Roadside Assistance, rental car coverages, trip interruption protections. Your Auto Care protection plan can also be upgraded to have prepaid maintenance – saving you money on future maintenance costs.
Principal Luxury Care– With Principal Luxury Care, you can expect a plan tailored to your high-end automotive vehicle. Our Luxury Care is very similar to Principal Auto Care; however we created Luxury Care to synergize with the different, and often more complex parts of your new or used vehicle.
Principal Tech Care– Principal Tech Care is a type of VSC that is aimed at covering factory installed modern technology components. Vehicles are becoming far more technology driven, with high replacement costs for components like GPS systems, sound systems, sunroof tracks, touch screen systems, and much more. Principal Tech Care provides a more targeted protection plan for these high-cost electrical systems.
Principal Secure Care– Principal Secure Care aims at providing higher mileage vehicles an option for mechanical protection, similar to Auto Care. Components like your Engine, Drive Axle, Transmission, Electrical, and more are covered while getting excellent additional benefits like 24/7 Roadside Assistance. Coverage can optionally extend to those with Hybrid vehicles or Lift Kits.
What should I do if I have a third party warranty and my car breaks down?
All covered repairs must be performed at a licensed mechanic. But the very first step depends on where your vehicle is located. If your vehicle is not at home or in an ideal location and your plan offers it, call 24/7 Roadside Assistance to get towed to a mechanic. Once your vehicle is at a licensed mechanic, provide them with your Principal vehicle service contract and ask them to call us to initiate a claim. We will work with your mechanic to move forward with your repairs.