Ally is providing a preview of its new vehicle service contract – Ally Premier Protection – at the National Automobile Dealers Association Conference and Expo this week, according to a news release.
Both Ally Premier Protection and its related technology platform will be pilot tested at approximately 60 dealerships beginning in March. The nationwide rollout will start this summer.
“The launch of Ally Premier Protection represents an important development in the evolution of Ally’s dealer products and services business, and better positions us to respond to the needs of a diverse dealer network,” Ally Insurance President Doug Timmerman said. “Along with offering excellent F&I products, Ally delivers deeper value to our dealers by providing ongoing consulting, training and services to help them improve F&I results, address compliance issues and navigate complex business dynamics.”
Ally Premier Protection will be available for new and used vehicles of most makes and models, both domestic and imported brands. According to the release, the contracts offer benefit enhancements compared to existing vehicle service contracts offered by the company, and were designed to be straightforward and easy to understand.
Ally Premier Protection offers four different levels of coverage: Major Guard, Powertrain Wrap, Value Guard and Basic Guard. The plans provide new benefits like expanded coverage eligibility on older and higher mileage vehicles, a disappearing deductible option, and full roadside assistance. Expanded time and mileage options are also available, so that auto consumers can customize contracts to meet specific needs.
Ally Premier Protection is powered by a technology platform called the Vehicle Protection Center that was designed in partnership with dealers to make the administration and management of contracts easy and intuitive throughout the contract lifecycle.
The Vehicle Protection Center uses a simplified process that prevents errors, speeds transactions, adds clarity to billing and disbursements, and eases financial reconciliation. It also integrates with many Dealer Management Systems, and provides streamlined operations between Ally and dealer F&I and Service departments.