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Assurant Announces Comprehensive Heavy Truck Extended Service Contract

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Date: Nov 01, 2024 @ 06:45 AM
Filed Under: Industry News

Assurant, a global business services company that supports, protects and connects major consumer purchases like automobiles, as well as commercial equipment (including heavy trucks and construction, agriculture equipment, forestry and office equipment), today introduced the Assurant Heavy Truck Extended Service Contract. This new protection solution for Class 8 trucks offers a comprehensive suite of coverage options, including roadside assistance and towing, allowing dealers of new and used heavy trucks to offer their customers protection that can reduce total ownership costs, minimize downtime, and get them back on the road quickly. 

The Assurant Heavy Truck Extended Service Contract offers tailored solutions to meet the needs of today’s owner-operators and fleet companies, including:

  • Flexible terms and mileage options
  • Broad eligibility – up to 15 model years old and up to one million miles
  • Multiple deductible options
  • Industry-leading claims administration 

“After an in-depth analysis of current heavy truck protection available in the market, we brought Assurant’s years of commercial equipment experience to bear in creating this flexible new product with industry-leading coverage,” said Dennis Alexander, vice president, Commercial Equipment, Assurant Global Automotive. “In designing this protection solution from the ground up, our goal was to offer the ‘best of the best’ in terms of coverage, benefits, eligibility, and claims administration.” 

The Assurant Heavy Truck Extended Service Contract provides comprehensive benefits. Some highlights of the service contract include:

  • Roadside assistance, towing, and emergency travel expense reimbursement
  • Servicing available at any licensed repair facility
  • No component-based limits of liability
  • No labor rate caps
  • Optional coverage for rental truck protection  
  • True exclusionary coverage 

Part of a growing suite of products and training to support dealers of new and used heavy trucks, the Assurant Heavy Truck Extended Service Contract joins existing solutions, including Physical Damage Insurance (PDI); Non-Trucking Liability; GAP and GAP + Protection; and 30-Day PDI. Assurant also supports dealers’ sales optimization through the Heavy Truck F&I Professionals class, designed to help commercial truck sales professionals stay compliant and profitable in today’s competitive marketplace.

To help dealers educate and market this new suite of products, Assurant has created engaging, needs-based materials that educate and build value for dealer customers, including videos, print brochures, floor banners, and desk laminates.



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