While making any monetary investment, only a very small percentage of the population gives it a thought whether they are buying an asset or a liability. Investing in real estate, for example, is buying an asset, while acquiring luxury is a liability. Buying a vehicle is a luxury and so a liability. Because a manufacturer protects the vehicle only for as long as it is their product. Once it is sold, the owner of the vehicle is liable for further expenses related to its maintenance. And the road hazards make your tire vulnerable and aged with time which is why they are supposed to be repaired or replaced timely. This Article will help all You Need to Know About Protection From Road Hazards.
To help with these inevitable problems, warranty assistance programs are available in the vehicle market that can surely be beneficial to make the tires last a little longer. ‘Prevention is better than cure, a very popular and highly relevant statement in case of the above scenario. Poor wheel quality makes you 3 times more probable to be involved in a car crash. So safer the better.
Old Republic Insurance company and the extensive features of its tire warranty program
One of the most renowned companies in the F&I business is ORIAS. Not every family have enough emergency fund for stuff like car repair, breakdown, roadside assistance, road hazard protection of tires, travel interruption coverage, etc. But this trouble has been resolved by Old republic insurance company since 1974 with several warranty programs they offer. They cover all the above-mentioned matters in question.
The Old Republic Insured Automotive Services, a part of Old Republic Insurance Group, is a firm that provides premium services and products in the Finance & Insurance industry. They’ve served over 5000 car dealerships in the U.S. so far.
The company specializes in guaranteed asset protection and vehicle service contracts. Their offers and business are well diversified and subtly managed. The deals they offer are through dealers and financial institutions, no personal program can be purchased directly.
Under their total vehicle protection program, there are 4 levels of coverage, Supreme, Plus, Select, and Basic, with the supreme being the most advanced that covers almost everything except brake pads, glass, batteries, and stuff. Tire protection, roadside assistance, tire reimbursement are certain features included in each of the plans. That is the most engaging character of the old republic, its broad variety of services.
Different coverage plans are available for different customers. It is extensively based on the reading of odometer, with different levels specific to the needs of an individual. For instance, MVP coverage is provided for vehicles with an odometer reading of 60,000 miles or more with demand-based 3 upgradation levels. Also, there is an Ultimate Plus protection plan, further divided into 4 levels of coverage, each with extensive features and benefits, depending solely on an individual’s choice.
Trip interruption insurance, tire protection, and rental car reimbursement are some of the extra features available in each of the aforementioned coverage plans.
Summing up the prominent features of the program
The old republic insurance program is, in all respect, worth considering. Tires are one of the most vulnerable parts of your vehicle, and they are bound to wear-and-tear plus the damage is irreversible. Hence, it is a smart choice to look out for precautions and pick a wheel warranty program that satisfies your demand most precisely. A cautious pick for tire warranty, just like the old republic services where they are known to stay true to their words, is the smart move. One can send a direct inquiry to know more about their plan, while they do not provide individual security and business through dealers and banks only, there is plenty of information available online. They are easy to reach and have a wide range of products with a great network of service providers. In conclusion, it is worth a bet while that depends on individual needs and values.
Frequently asked questions
1. Can the old republic warranty be purchased directly from them?
No, they offer services through car dealerships and finance officials only, and no program can be purchased directly from them. However, inquiries from customers are entertained by them. Also, you can connect to your bank to ask if they do provide an old republic warranty program. At the time of vehicle purchase, you can select the required extended warranty which is mostly encouraged by dealers.
2. What is the Old republic’s reputation in its industry? Does their program worth monetary commitment?
The ORIAS has quite a reputed brand name in its industry. Their services are well known broadly and have positive reviews in terms of their service delivery and value for the program. A very few or a negligible number of complaints are registered for their services which are more inclined towards miscommunication only. So it is a safe option to invest your money in an established company like the Old Republic, as they are likely and able to pay out the customer claims. They also have a wide chain of its service providers.
