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Term Protection

Enhance your value proposition and protect your customers' investments with Term Protection. This product is a comprehensive solution that covers wear-and-tear items, like belts, brake pads, and wheel alignments, ensuring vehicles remain in excellent condition without unexpected costs.

This protection is ideal for

Auto
Powersports
Towing a car
RV driving
Motorcycle on the side of the road

Benefits

Term Protection helps to improve your customer relationships and minimizes the expenses of vehicle ownership with benefits such as:

  • Helps enhance customer satisfaction with comprehensive wear-and-tear coverage for components such as belts and hoses, lights, and diagnostics. 
  • Positions you as a full-service provider, elevating market stance and strengthening customer loyalty. 
  • Reduces customers’ unexpected vehicle maintenance expenses. 
  • Offers more value with coverage that supplements standard warranties. 
Tire rotation (every 8,000 to 13,000 kilometers) costs $20 to $100.
Wiper replacement (every six months) costs $10 to $45.
Brake pad replacement (every 16,000 to 32,000 kilometers) costs $100 to $300 per axle.
Term Protection simplifies the process for owners to keep their vehicles in optimal condition, offering extensive coverage for typical wear-and-tear components.
Frequently Asked Questions

Common Questions About Term Protection

Whether you’re looking for more information on product features or service details, we have a range of helpful insights. If you don’t find the answer you need, please contact us directly for personalized support.

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How does Term Protection benefit vehicle owners?
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Question
How does Term Protection benefit vehicle owners?
Answer

Term Protection saves owners from unexpected out-of-pocket expenses for covered components and services, increasing their satisfaction with their investment.

Covered components include:

  • Brake pads
  • Belts and hoses
  • Lights and fuses
  • Diagnostics and fluid replacement
  • Tire rotation or seasonal tire installation
  • Wheel alignment
Can Term Protection increase my dealership's value to customers?
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Question
Can Term Protection increase my dealership's value to customers?
Answer

Absolutely. Providing comprehensive care solutions positions your dealership as a one-stop service provider, fostering trust and loyalty among customers

Does Term Protection cover routine maintenance?
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Question
Does Term Protection cover routine maintenance?
Answer

Certainly. Term Protection covers essential maintenance such as tire rotations, seasonal tire installations, and wheel alignments, keeping vehicles in optimal condition.

What does Term Protection coverage entail?
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Question
What does Term Protection coverage entail?
Answer

Our Term Protection plan covers wear and tear on items such as brake pads, belts, hoses, and lights, ensuring vehicles remain in optimal condition.

Are brake pad replacements included in Term Protection?
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Question
Are brake pad replacements included in Term Protection?
Answer

Yes, Term Protection includes one set of front and one set of rear brake pad replacements, eliminating the worry of extra costs for customers.

Note

Term Protection coverage runs concurrently with any applicable manufacturer’s warranties. 

Fact source: https://www.chime.com/blog/average-cost-for-car-repairs-how-much-should-you-budget-for-car-maintenance/

Limitations and exclusions apply. The Term Protection product is optional. Coverage may vary by product agreement and province. Please see the relevant product agreement for details of terms and conditions.