Protective Asset Protection releases its fourth F&I Industry Report
ST. LOUIS (December 12, 2023) – Protective Asset Protection, a leading provider of F&I programs, services and dealer wealth building programs, has announced the release of its fourth (4th) F&I Industry Report. The report is an in-depth look at the trends and insights shaping the F&I industry; how auto dealerships are using F&I programs in 2023; and the outlook of F&I products used by dealerships for the balance of the year. For the second (2nd) straight year the report also places a spotlight on F&I offerings in the RV-recreational vehicle, marine and powersports industries.
Protective Asset Protection announces its XtraRide service contract program for RV dealers has been endorsed by the TRVA
ST. LOUIS - (July 24, 2023) – Protective Asset Protection, a leading provider of F&I programs and services, today announced its XtraRide® service contract program has been endorsed by the Texas Recreational Vehicle Association (TRVA), established in 1974 as the first independent RV state association in the U.S. XtraRide is also exclusively endorsed by the National RV Dealers Association.
Protective Asset Protection Announces Its New Specialty Tire and Wheel Coverage Products For RV, Marine, And Powersports Units
ST. LOUIS, MO (June 22, 2023) – Protective Asset Protection, a leading provider of F&I programs and services, recently launched its new specialty tire and wheel coverage products for RV, marine, and powersports units.
Protective Asset Protection expands its dealer F&I professional development program with new courses and added resources
ST. LOUIS, MO (May 17, 2023) – Protective Asset Protection, a leading provider of F&I programs, services and dealer owned warranty company programs, has expanded its industry leading F&I professional development program for dealers, with added in-person and online curriculum and an additional new team member for its training team.
Protective Asset Protection announces the availability of its Powersports Lifetime Battery Protection program
Chesterfield, MO (February 13, 2023) – Protective Asset Protection, a leading provider of F&I programs and services recently announced its new Powersports Lifetime Battery Protection program is now available in all states with the exception of Florida and Washington.
Protective Asset Protection Celebrates 30 Years of RVDA Endorsement
Chesterfield, MO (August 18, 2022) – Protective Asset Protection, a leading provider of F&I programs and services, proudly celebrates the 30th anniversary of the National RV Dealers Association (RVDA) endorsement of Protective’s XtraRide service contract program. For over three decades, Protective has been fortunate to work with the RVDA to bring its members F&I solutions and valuable training to help support dealers and the RV industry.
Protective Asset Protection celebrates 60 years of protecting automotive vehicles while helping dealers achieve profitability
Chesterfield, MO (August 15, 2022) – Protective Asset Protection began protecting automotive cars and trucks 60 years ago and then added motorcycles, powersports, marine and specialty vehicles. Today, Protective is best known in the industry for providing a strong legacy of F&I products that help protect each vehicle investment while equipping dealers with the F&I products they need to instill confidence and trust in their customers.
Protective Asset Protection Announces New Professional Training Curriculum Program for Dealers and Their F&I Staff
Chesterfield, MO – Protective Asset Protection, a leading provider of F&I programs and services, announced today it has created new training opportunities for F&I professionals across the country.
Protective Closes on AUL Acquisition, Adds Complementary Product Portfolio to Its Asset Protection Division
Birmingham, AL – Protective Life Corporation, a wholly owned U.S. subsidiary of Dai‑ichi Life Holdings, Inc. (TSE:8750), is proud to announce that its principal subsidiary, Protective Life Insurance Company, completed the acquisition of leading automotive finance and insurance provider AUL Corp. (“AUL”).
Protective Asset Protection Extends Relationship with RumbleOn Inc. to Further Extend F&I Offerings Throughout the Powersports Industry
Protective Asset Protection, a leading provider of F&I programs and services, announced today it has signed a national agreement with RumbleOn, Inc (RMBL), the nation’s first technology-based omnichannel powersports platform. As part of the deal, Protective Asset Protection will offer a full suite of F&I products to RumbleOn customers, along with expanded training and support to RumbleOn retailers.
Protective Life to Acquire Leading Automotive Finance & Insurance Provider AUL, Adding Complementary Portfolio to Asset Protection Division
Protective Life Corporation, a wholly owned U.S. subsidiary of Dai‑ichi Life Holdings, Inc. (TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company (“Protective Life”), has entered into an agreement to acquire leading automotive finance and insurance provider AUL Corp.
AM Best Affirms Credit Ratings of Protective Property & Casualty Insurance Company
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Protective Property & Casualty Insurance Company (Protective P&C) (St. Louis, MO). The outlook of these Credit Ratings (ratings) is stable.
Protective Closes Transaction to Acquire Revolos, Adds Complementary Product Portfolio to Asset Protection Division
Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announced today it completed the transaction to acquire the Revolos family of companies. The transaction was announced on September 25, 2020.
Protective to Acquire Revolos, Adding Complementary Product Portfolio to Asset Protection Division
Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced it has reached an agreement to acquire the Revolos family of companies.
Protective Asset Protection Industry Survey Shows How COVID-19 Has Opened Up More Online F&I Product Options
Protective commissioned an online survey of nearly 400 automotive dealership executives and found that the COVID-19 pandemic forced many dealers to quickly implement digital retailing options, resulting in a majority of respondents saying they’re now offering F&I product selection and pricing online as a result of the COVID-19 pandemic.
Protective Asset Protection Expands Dealer F&I Training Curriculum With Several New Webinars Available
In a recent survey of dealers around the country, Protective found that roughly half (49%) said F&I product sales translate well to the digital or online car shopping process for customers. To help dealers elevate their success selling F&I products to customers, Protective created the following training webinars and educational materials, which can be accessed here:
Protective Reduces Production Requirements for Dealers on Retrospective Programs
Beginning with the second quarter interest payment, the production requirements in all Retro programs will be reduced twenty-five percent (25%). In addition, the year-end production requirement will also be reduced. This reduction will be applied...
Online Dealer Training Institute Available During COVID-19 Pandemic
The Protective Asset Protection library of professional development training courses are now available to all dealership personnel and agents. This curriculum can be used to help industry professionals sharpen their skills during the COVID-19 pandemic and containment efforts.
Protective Enhances XtraRide
Protective Asset Protection, a provider of F&I programs and services announced new enhancements for its XtraRide RV Service Contract Program. These enhancements represent improvements that strengthen Protective’s service contract program for the RV industry, including updates to coverage, eligibility, rates, terms and program collateral.
Company News
Dealers see Bottom-line Benefits Thorough F&I Product Portfolio Review
Moody’s believes “the COVID-19 recession is over,” automotive dealers of every size should be taking this time to review every aspect of their business to ensure maximum readiness for when the economy truly turns positive again.
Is F&I Being Left Out of the Digital Retailing Process?
As more dealers incorporate F&I product options and education earlier in the process, the greater the chance to include F&I products in the final transaction through a less adversarial environment.