National Truck Protection Co. Inc. introduced an expanded offering of equipment warranty programs for Class 2-7 commercial vehicles. Both the NTP and Premium 2,000-plus brands of aftermarket warranties in North America are available to used truck dealers and warranty reselling partners.
“The light- and medium-duty commercial used truck market has grown rapidly in the past few years driven by requirements of final mile delivery drivers, contractors and small businesses,” said Geoff Stigler, Chief Commercial Officer at NTP Co. “We have a rich history in the medium duty space, but the feedback we gained from our recently enhanced and expanded Class 8 program allowed us to create new light duty programs and enhance our medium duty product suite to provide the right coverages to protect all classes of trucks in this growing segment.”
The new light-duty programs add Class 2 vehicles which share the same coverages and benefits as the Class 3-7 category, according to the company. The biggest overall change is that all classes now have warranty coverages for both diesel and gas engines, with pricing that properly reflects the equipment differences and lifecycle repair costs.
All programs have added new lower annual mileage coverages (12,000 and 25,000 miles) to match usage profiles of light- and medium-duty truck owners and, add covered parts that include knock and MAP sensors in the engine and the transmission’s control module (TCM) and speed sensor. A completely new and comprehensive emissions assembly package is included in the gas vehicles programs.
“Our current medium-duty program is very good, and we have thousands of customers,” said Wade Bontrager, CEO of National Truck Protection Co. Inc. “But our dealer partners and especially our customers, know us as the industry leader, the warranty program innovators. So, we created an even better, more comprehensive program that is creating excitement with our existing dealers plus, new automotive dealers who sell a lot of Class 2-4 commercial vehicles. This segment of the trucking industry is an important part of our growing economy, and we will be there to help owner operators protect their asset and their business.”
The new light- and medium-duty programs are available to an expanded network of dealer partner locations that sell medium duty vehicles and automotive dealerships who have commercial vehicle divisions.