Claims Toll Free Phone Number (800)-527-3426
Service Contracts - A Brief Overview
Service Contracts (also referred to as Extended Warranties or Vehicle Protection) Programs have been an integral part of the vehicle purchasing over the past forty years. Â Service Contracts work much like Automobile Insurance in that you are paying an up front cost to offset the potential of paying for a large repair in the future. Â In most cases this upfront cost is allowed to financed with our lenders at a very low interest rate.
Bourne's Service Contract History
Additional vehicle protection is an additional service and benefit we offer to our customers. Â It gives us and our customers peace of mind if there are unforeseen repairs in the future. Â We have partnered with one of the best re-insurance companies in the industry and have worked with them many years. Â When we entered into this partnership we knew that this would be a long-term relationship and made the decision that we felt was best for our customers. Â We feel it is important for our customers to know who has a vested interest in our service contracts and the role they provide.
- Bourne's Auto Center - The Selling Dealer, Service Center and 100% Stakeholder in the total premiums.
- Portfolio/Resources Management - The agent who administers all contracts and insures compliance.
- First Extended Service Corp - Claims Management Company, they handle and administer all of the claims while keeping the dealer informed of all decisions.
- Virginia Surety -The Insurance Company who backs the entire program
Claims History and Payments
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April 2022 | $127,268.78 |
March 2022 | $127,654.19 |
February 2022 | $110,280.15 |
January 2022 | $122,624.54 |
December 2021 | $122,165.03 |
November 2021 | $103,751.52 |
October 2021 | $131,022.75 |
September 2021 | $149,133.78 |
August 2021 | $163,915.82 |
July 2021 | $156,202.67 |
June 2021Â Â Â | $117,714.30 |
May 2021 | $124,838.51 |
  Total : |  $1,556,572.04 |
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 **Average Monthly Claims Paid**     |  **$129,714** |
**This does not reflect any claims at outside service facilities.**