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Hands Shielding Car Drawing

The Concerns of an Expired Vehicle Warranty

When you first buy a new vehicle, it’s easy to take the warranty for granted. After all, if you have any issue, your local dealership is easily able to resolve the problem. It seems simply enough, and it alleviates many of your worries. By the time your warranty eventually expires, you’ve likely put quite a few miles on the vehicle. It’s easy to panic and think that vehicle extended warranty programs provide the only solution, but this isn’t true. Read more “The Concerns of an Expired Vehicle Warranty”

Man Showing Shield with Car

Are Bumper-to-Bumper Warranties Worth it?

A bumper-to-bumper warranty sounds pretty fantastic. When you buy a new car, you’ll be told about all the great deals, trade-in options, and various packages or trims that are available. They’ll also do their best to convince you that a bumper-to-bumper warranty is the best thing ever. It may sound great, but the reality is that factory warranties come standard and often cover the basics well enough. A bumper-to-bumper warranty is provided by the dealership and is designed to be truly comprehensive. This is definitely a step beyond the factory warranty, but it might not be the golden promise you imagined it to be. The reality is that they don’t last forever. Fortunately, extended vehicle protection plans can pick up the slack and offer the security you need when dealership and factory warranties fall short. Read more “Are Bumper-to-Bumper Warranties Worth it?”

photo of award winners

Freedom Warranty Names 2019 Award Winners for Sales and Service Achievement

(Chattanooga, Tenn.) Freedom Warranty has announced the winners of its annual Sales and Service Awards, a program that recognizes excellence and achievement by the company's staff and sales team. The event was held at the Westin Hotel in Chattanooga, Tennessee.

Corporate staff winners are selected based on service quality metrics and sales team winners chosen based on achievement of annual goals.

"Our company has doubled in size over the past two years through a lot of hard work by our corporate staff and national sales team," said Chris D. Miller, chief executive officer of Freedom Warranty. "Freedom Warranty's entire business is dependent on delivering on our commitment to 5-star product value and customer service. That can only be achieved when every member of our team is working towards that single goal."

The 2019 Freedom Warranty Sales Awards winners are:

Top Producer (Gross Sales)

  1. Steve Krahmer, Illionis Regional Sales Rep.
  2. Brad & Sherri Henry, Ohio Regional Sales Rep.
  3. Todd Langley, Michigan Regional Sales Rep.

Top Producer (Contracts Written)

  1. Greg Shenenberger, Mid-Atlantic Freedom Group, Pennsylvania/Delaware
  2. Steve Krahmer, Illinois Regional Sales Rep.
  3. Brad & Sherri Henry, Ohio Regional Sales Rep.

Top Producer (New Clients)

  1. Todd Langley, Michigan Regional Sales Rep.
  2. Chuck Hague, New Jersey Regional Sales Rep.
  3. Matthew O'Brien, Missouri Regional Rep.

Corporate Staff (Chattanooga Office)

Katie Oliver, Excellence in Customer Service
Stephanie Nealey, Excellence in Team Support

About Freedom Warranty

Freedom Warranty is a privately-held company that operates in over two dozen states as obligor and administrator of vehicle service contract products through automotive dealerships, licensed repair facilities, and financial institutions. The company’s corporate office and customer service team is based in Chattanooga, Tennessee. Visit online at FreedomWarranty.com, call (423) 212-7445 or send email to contactus@freedomwarranty.com.

 

Car Shop

Everything You Should Know about Protecting Your Car

A car is an investment. Once it’s been paid for and brought home, the owner takes measures to keep it looking and feeling like new. This includes routine oil and filter changes, tire rotations, fluid refills, and battery replacements. However, these aren’t the only maintenance cars need. Accidents and mechanical failures can occur along the way, leading to unexpected damage and costly repairs. Read more “Everything You Should Know about Protecting Your Car”

Mechanic at work

Top 5 Things Your Vehicle Warranty Covers

Whether your business sells, repairs, insures, or lends money to purchase cars, offering the right vehicle service contracts is crucial to your bottom line and customer satisfaction. Purchasing auto service contracts should be a straightforward process for businesses and consumers. Service contract companies should detail their coverage in clear language, but that isn’t always the case. Some vehicle service contract companies offer different types of auto service contracts, including manufacturer’s extensions and classic car service protection plans. These plans should include five coverage areas, no matter what type of plan it is, although there are usually additional options that can be added. Read more “Top 5 Things Your Vehicle Warranty Covers”

Car Repair

Things You Should Look for in a Vehicle Service Plan

An extended vehicle service protection plan is more than just nice to have. For a dealership, maintenance and repairs are part of doing business, and you’re always looking for a way to cut down on costs and save money. With a great extended vehicle protection package, you may be able to get everything you want from a single service provider. This is why it’s so essential that you compare and contrast vehicle service plans to see what you can get for the money. You may be pleasantly surprised. Read more “Things You Should Look for in a Vehicle Service Plan”

Car Service

How to Choose Your Vehicle Service Contract Provider?

No one wants to pay for costly repairs out of pocket, which is why so many people consider an extended vehicle warranty plan. Fortunately, an extended warranty is not the only option. Whether you need coverage for a new car or a vehicle with over 100,000 miles, a vehicle service contract provider can offer an extended service contract to help cover your car or truck and provide ongoing support and protection. Read more “How to Choose Your Vehicle Service Contract Provider?”

Spencer Boyd video

Spencer Boyd Finishes 1st at Talladega with Freedom Warranty

Spencer Boyd at age 24 takes his first trip to Victory Lane at Talladega Speedway on October 12, 2019.

Spencer Boyd backed by Freedom Warranty took the Young’s Motorsports Chevrolet Silverado No. 20 to Victory Lane at Talladega for his first NASCAR win on Saturday, October 12, 2019.

Just two weeks ago, Freedom Warranty signed on as a sponsor for Spencer Boyd‘s run at Talladega Speedway in The Sugarlands Shine 250 truck race. The timing was perfect. Boyd took a win—his first NASCAR top-slot.

“Two weeks ago I wasn’t running this race, and we put this thing together with our sponsors..it’s been a long season, it’s been a lot of fun!”

Spencer Boyd

The 24-year old Boyd won the race after Johnny Sauter violated the double yellow line rule on the final lap of the race held as part of the NASCAR Gander Outdoors Truck Series.

Freedom Warranty chief executive officer, Chris Miller, was at Saturday’s race to see Boyd celebrate on victory lane. “Spencer has been working towards this win since he was six years old. He grew up in the racing culture, Saturday’s win proves that he is a true professional ready to compete with the best on the track,” said Miller.

About Freedom Warranty

Freedom Warranty is a privately-held company that operates in over two dozen states and sells its VSC products through automotive dealerships, licensed repair facilities, and financial institutions. The company’s corporate office and customer service team is based in Chattanooga, Tennessee. Visit online at FreedomWarranty.com or call (844) 307-9944.

Used Cars

Buying a Warranty for a Used Car: Top Considerations

Is your company planning on buying used cars? Then you might want to invest in an extended vehicle service contract, which can provide many benefits to you and your customers. There are several factors you need to consider before making the final purchase. Here are the top considerations when buying an extended service contract for used cars.

What Will Be Included?

The biggest factor your company needs to consider when buying an extended vehicle service contract is what will be included. There are several plans provided by extended vehicle service contract companies that cover different components of a used vehicle. An examination of your customer’s needs and what they are willing to spend help determine what level of coverage you will include in your contract. In general, there are four types of coverage to consider.

Powertrain offers basic coverage, protecting used cars most important and expensive parts only, like the engine, drive axle, transmission, etc. A stated component plan offers protection to the powertrain and other parts, like heating and cooling systems, brake systems, water pump, and so on.

An exclusionary plan, popularly referred to as a “bumper to bumper” plan, offers extensive coverage, to the point that instead of listing what is covered, there is only a list of what is not covered. Some used cars still have some of the manufacturer’s plan, which includes some of the car’s parts. A wrap plan will cover the rest of the used car.

What Kind of Savings Will Be Offered?

The next thing your company needs to consider when buying a used car extended service contract is how much savings will be offered. The best-extended vehicle service contract companies are willing to include thousands of dollars of savings in the contract because to do otherwise would mean losing customers. The exact amount of savings depends on how often a customer will use the policy during coverage. This has various dimensions, and you want to make sure your service plan will benefit customers rather than costing them in the end.

Car Maintenance Coverage

How Much Will Your Plan Cost?

Once your company has decided what type of coverage to offer and how much savings will be provided, your next step is to figure out how much the plan will cost. As an extended vehicle contract administrator, you need to understand what your customers can afford on average. This will guide you toward creating a plan that will be profitable to your used car company and being affordable to a majority of customers. You may also want to offer a few payment plan options for customers who might be on the lower end financially. Discuss these options with a vehicle service contract provider to fine-tune the cost of the extended plan your company wants to invest in.

If you would like to know more about what to consider when buying an extended service plan for used cars, contact Freedom Warranty LLC by email at contactus@freedomwarranty.com.

Benefits of Extended Vehicle Protection Plans

Do you think extended vehicle protection plans aren’t worth the extra money? Are you sure that all you need is the factory warranty that comes with your vehicle? At Freedom Warranty LLC, we urge you to reconsider this opinion. You see, many vehicle owners keep their cars for up to a decade. In fact, the average car on the road is 11.8 years old. Even with regular maintenance, you’re likely to face expensive car repairs the longer you keep your car.

Luckily, extended vehicle protection plans fill in the gap between the time your factory warranty expires and when you decide you need a new car. Here are some of the many benefits extended vehicle protection plans offer.

  • Peace of mind: You know major vehicle repairs are covered when your car reaches the 100,000 mile mark and beyond.
  • Reduce the cost of vehicle ownership: This cost extends beyond the sticker price on the vehicle and the interest rate when you finance. It also includes repair costs, which can end up being more than the car is worth the older the vehicle gets.
  • Avoid roadside mishaps: Extended plans include maintenance and major vehicle components that keep you on the road, not on the side of it.
  • Transferrable: Not planning on keeping your car for long? An extended protection plan that’s transferable increases your vehicle’s value.

Are you ready to purchase an extended vehicle protection plan? Contact Freedom Warranty, LLC, today. We offer a wide selection of vehicle protection plans and protection centers across the United States. Our plans are ideal for vehicles 10-20 years old that still bring you joy on the road but might need a little TLC along the way. In addition to repair services, our plans also include a 24-hour helpline, roadside assistance, and rental services. When you choose Freedom Warranty, you’re choosing to drive with peace of mind knowing you’re covered no matter what. We offer a number of protection plans to meet all budgets. Give us a call today at (844) 307-7483 or visit us at www.freedomwarranty.com to learn more about our extended protection plans.

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