Levels of Coverage | About the Company | The Industry | Random |
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What is the highest level of coverage?
Premier Plus
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When was Red Auto Protection founded and where?
2011 in Overland Park, Kansas.
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What is our BBB rating?
A+
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Who are the two finance companies?
Omnisure and PayLink
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How many Powertrain plans are offered?
Three
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How many locations do we have?
3
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What makes Red Auto unique from other companies in this industry?
We have our own administrator.
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Can a claim be paid if a customer is past due?
No
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What is the second best level of coverage?
Premium
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Name four departments at the corporate office.
Accounting, Collections, Customer Service/Retention, Dealer Services, Executives
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All money in this industry is _____ until the consumer makes 90% of their monthly payments.
fake
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What are three components covered in all plans?
Engine, Transmission, Transfer Case, Driver Axles, Seals and Gaskets
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What policy is comparable to a manufacturer's warranty?
Powertrain
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What is a Vehicle Protection Plan and why is it needed?
Protects buyer from a mechanical breakdown. Repairs can be extremely costly.
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Who was the largest VSC seller?
US Fidelis
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What is a reserve? Why is it important?
40% of our commission. It is used to cover cancellations.
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What is covered on the premier plus policy?
EVERYTHING on the vehicle minus a list of exclusions.
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What does CLIP stand for?
Contractual Liability Insurance Policy
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What three cities are most VSC direct to to consumer companies located?
St. Louis, Orange County, Miami
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Name the three administrators we work with.
Red Auto Admin, Royal, American Guardian
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