JM&A Group’s suite of EV protection products tailored to an electrified future continues to evolve after early triumphs
JM&A Group continues to evolve and grow its product line for electric vehicle consumers after the initial success of its EV+ Protect™ product line.
The diverse and full EV+ Protect™ suite is available to all existing and new JM&A Group customers, helping to maximize sales and enhance the customer lifecycle experience for dealers. The line represents an expanded number of products specifically tailored to meet the nuanced needs of electric vehicle owners. Within the first two months of the program, more than 100 dealers have signed up as part of the limited warranty program which offers comprehensive platinum and powertrain defined warranties for pre-owned electrified vehicles – providing protection for up to one year or 12,000 miles.
“This new portfolio of branded offerings gives our EV customers a full suite of options to protect their vehicles in the way that they see fit,” said Josh Bass, vice president of Innovation at JM&A Group. “One of the main goals of EV+ Protect™ is to give consumers peace of mind. Most EV buyers are selecting an electrified vehicle for the first time and this program is able to provide them with a level of comfort, while helping dealers to convey personalized protection.”
The EV+ Protect™ suite will continue to evolve as JM&A Group looks to create products that meet the growing and changing needs of EV buyers. The group has taken the next step within this program, turning their focus to better battery health and overall elements unique to electrified vehicle ownership.
Current protection includes, but is not limited to:
All-New Pre-Owned Electric Vehicle Limited Warranty
- Comprehensive platinum and powertrain limited warranty protection options that can be provided with pre-owned EV sales
- Multi-point vehicle inspection, including analysis for outstanding recalls, full road test, tire and brakes, transmission, and electrical components
Vehicle Service Contract
- Mechanical Breakdown protection of the battery and charging system
- Covered repairs for the electric drive motor, electric power inverter, battery management system, battery thermal system, and electrically driven accessories
Total Loss Protection (GAP)
- After a total loss, there may be a “gap” in value between the amount owed and the actual cash value of the vehicle. The Total Loss Protection Plan was created to help consumers bridge that gap for new or used vehicles.
Maintenance Plan
- Valuable car care services, such as tire rotation and multi-point inspection, are available for electric vehicles with different mileage intervals: 5,000, 7,500, or 10,000 miles
Battery Coverage
- The vehicle service contract and limited warranty products provide mechanical breakdown coverage for EV batteries
Additionally, EV+ Protect™ customers can select from a national network of more than 6,000 authorized service centers or any licensed repair facility in the U.S. to ensure their electric vehicle is always ready for the road ahead.
For more information on EV+ Protect™ and the full menu of JM&A Group offerings, visit www.evplusprotect.com.
About JM&A Group
JM&A Group, a leader in the F&I industry for more than 40 years, serves more than 3,800 automotive dealerships nationwide. Comprised of Jim Moran & Associates, Inc. (JM&A), Fidelity Warranty Services, Inc. (FWS), Fidelity Insurance Agency, and Courtesy Insurance Company, it provides a variety of products and services such as F&I training and consulting, vehicle protection plans, used vehicle certification programs, pre-paid maintenance plans and GAP programs. Additionally, the company has more than 800 associates, including a dedicated sales force of 300+ associates who support process implementation for dealer operations and digital sales strategies. National Truck Protection Co. Inc., a division of JM&A Group, is a leading vehicle service contract provider in the commercial truck industry and serves customers across a variety of channels throughout the U.S. and Canada including OEM, independent dealer groups, aftermarket truck resellers, agencies and direct-to-consumer. For more information about JM&A Group’s products and services, call 1-800-553-7146 or visit www.jmagroup.com.
JM&A Group is a division of JM Family Enterprises, Inc., a privately held company with $18 billion in revenue and more than 5,000 associates, which is headquartered in Deerfield Beach, Florida. Interact with JM Family on Facebook, Twitter, Instagram and LinkedIn.
About JM Family Enterprises
JM Family Enterprises, Inc. was founded by automotive legend, Jim Moran in 1968. It is a privately held company with $18 billion in revenue and more than 5,000 associates. Rooted in automotive and united in its strong culture and core values, JM Family is in the business of helping other businesses succeed. As a long-term partner, it is invested in its companies, associates and its communities. Driven by exceptional performance, current subsidiaries are in the automotive, financial services, franchising and specialty distribution industries. Its family of companies includes: Southeast Toyota Distributors, JM&A Group, World Omni Financial Corp. (dba Southeast Toyota Finance), JM Lexus, Home Franchise Concepts®, Futura Title & Escrow and Rollease Acmeda. Interact with JM Family on Facebook, Twitter, Instagram and LinkedIn.