Tag Archive | "Interstate National Dealer Services"

Interstate National Inks Deal to Administer New Hyundai Assurance Program


ATLANTA – Interstate National Dealer Services, one of the nation’s largest independent providers of vehicle service contracts and F&I products, has successfully completed a strategic alignment with Hyundai Motor America to administer the Hyundai Assurance Trade-In Value Guarantee, the newest addition to the Assurance suite of programs.

The new Hyundai Assurance program eliminates concern about depreciation by giving Hyundai owners a guaranteed value for their vehicle in months 24 through 48 of ownership. The program is a direct result of Hyundai and Interstate’s confidence of Hyundai’s strong residual value.

The Hyundai Assurance Trade-In Value Guarantee is administered by Interstate’s Atlanta, GA and Charlotte, NC offices. Interstate will manage all call center, customer service and administrative operations for the more than 500,000 new Hyundai cars and SUVs sold each year through more than 800 dealerships nationwide.

Every new vehicle comes with the Hyundai Assurance Trade-In Value Guarantee administered by Interstate at no additional cost to the consumer.

“The strategic alignment for this program is another example of Interstate’s strong and stable industry standing as well as Hyundai’s confidence in our ability to administer a program of this magnitude,” Interstate’s Chairman, Gene Becker said during the announcement.

“We partnered with one of the most innovative OEM’s in the industry to design, test and execute an evolution in customer loyalty with this program,” Interstate Chief Marketing Officer, Ricky Wolfe added.

“Hyundai Assurance is our way of partnering with our owners in their vehicle purchase, so it’s important that our business partners share our customer-centric values,” said Trea Reedy, senior group manager, Dealer Marketing & Resource Management, Hyundai Motor America. “Interstate National Dealer Services has impressed us with its thoughtful approach to this program, which ensures that the outstanding customer experience we strive for at the point of sale continues throughout ownership.”

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Virginia Surety and Interstate Announce Extended Service Contract Agreement


CHICAGO – Virginia Surety Company, Inc. has reached an agreement with Interstate National Dealer Services, Inc. to provide underwriting and actuarial support for specific extended service contract programs.

“We’re looking forward to our partnership with Interstate,” said Mike Frosch, senior vice president of VSC. “Virginia Surety’s deep expertise in underwriting automotive, powersport, marine and recreational vehicle service contracts matched with Interstate’s innovative product offerings will benefit agents, dealers, financial institutions and their customers.”

“A partnership with Virginia Surety is a natural pairing for Interstate,” added Interstate CEO Shaun Fetherston. “They are a respected industry leader and share our intense passion for service excellence and superior value with innovative and market-driven products and services.”

VSC and Interstate are providers of consumer benefit programs that promote loyalty and customer satisfaction throughout the ownership experience. Virginia Surety is a wholly-owned subsidiary of The Warranty Group, Inc.

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