Veritas Global Protection: How to Protect Your Exotic Car
For your vehicle, there are many reasons to purchase a vehicle protection plan from companies such as Veritas Global Protection. One good reason is if the goal is to keep your car running smoothly for a long time. Although somewhat costly, there are more pros than cons to getting this type of coverage.
Vehicle protection plans cost less than continual vehicle repairs in the long run. They also provide customer services and other benefits. This article explains how extended car warranties work in detail.
Benefits of Vehicle Protection
Vehicle protection, such as that offered by Veritas Global Protection, is more beneficial than most people think. It does require a significant investment when buying a car or getting coverage for an older car. However, there are perks to doing so, such as increasing a car’s value, saving money long-term, and more.
It Pays Off in the Long Run
Protection plans are highly beneficial for vehicle longevity. Additionally, they’re much more cost-efficient long-term than paying for repairs over the car’s lifespan.
This is especially true when it comes to luxury and exotic vehicles. Expensive vehicles require much more expensive repairs when compared to standard car brands. The cost of a vehicle protection plan ends up being a fraction of the cost of constant exotic vehicle repairs over time.
Finding a company that offers vehicle protection for exotic vehicles is difficult due to the many challenges associated with them. That’s where Veritas Global Protection can help. Veritas Global Protection is one of the only companies to offer exotic vehicle protection plans.
The policy for a vehicle protection plan is usually based on the type of vehicle in question. Therefore, coverage gets tailored to the specific vehicle and common repairs it may need in its lifetime.
It Helps a Vehicle to Last Longer
Because protection plans provide long-term coverage for maintenance and repairs, they extend a car’s life. Think of it this way: car owners are individually responsible for repairs without the protection plan.
When car owners are in charge of repairs, they often go unfixed for long periods of time, and maintenance inevitably gets neglected. This often worsens the health of a vehicle, meaning it won’t stay in decent condition for as long as it could.
However, companies like Veritas Global Protection make sure that repairs and maintenance get prioritized with a protection plan. This leads to an all-around better functioning vehicle with longevity.
It Increases Vehicle Value
A vehicle protection plan also acts as a sort of investment. Many people don’t want to pay the costs of a vehicle protection plan. However, this sort of investment could lead to an increased trade-in value (market value).
One of these benefits is that an older car is more likely to sell for a reasonable price if covered with a protection plan. Furthermore, the maintenance and care of a vehicle protection plan is a big selling point for buyers.
Protection plans present a car as a lower-risk purchase, leading to better trade-in deals and sales.
It Promises Peace of Mind
One of the most significant selling points for vehicle protection plans is the peace of mind they provide. This means that customers can rest assured that their protection plan will cover unforeseen car repairs and issues. Companies like Veritas Global protection want to help their customers ease their minds knowing that everything will be ok.
Rather than going through life worrying about being able to afford unexpected damages, a protection plan helps remove most of that stress. Protection plans often eliminate the hassle of extra paperwork with mechanics and repair companies.
Many people purchase vehicle protection plans for just this reason. The knowledge that coverage is just a phone call away is an excellent advantage as a car owner.
Extended Warranties Have Added Perks
Finally, vehicle protection plans cover more than just auto repairs and maintenance. They usually also offer extra benefits, such as:
- Reimbursement for rental cars
- Travel protections
- Towing services
- 24/7 roadside assistance in the case of emergencies
So, protection plans are a combination of vehicle protection and travel services. Instead of paying for roadside assistance and insurance separately, the protection plans combine them into a good deal.
Types of Vehicle Protection
There are several different types of vehicle protection, each covering different things. Most protection plans won’t cover the same things as the original manufacturer warranty. However, they provide extra coverage after the manufacturer’s warranty ends.
Wrap Policies
This type of protection plan is the most basic level of coverage for most vehicles. It covers a bit more than a powertrain warranty does. A wrap policy will cover a vehicle for a certain amount of miles put on the vehicle.
Stated Component Policies
This protection plan covers more than a wrap policy. The coverage will vary depending on who is providing the protection plan. It’s called the “stated component” because the protection plan provider states what gets covered in specific detail.
Exclusionary Policies
These are some of the highest-end and most expensive vehicle protection plans one can get in most cases. It’s sometimes called “comprehensive” because it covers nearly everything during the protection plan. These policies often cover all vehicle components except for a few “wear-and-tear” repairs.
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Veritas Global Protection Exotic Plan
Vehicle protection plans prove to be invaluable assets for every car owner, but especially for owners of luxury vehicles.
Luckily for exotic car owners, Veritas Global Protection’s Exotic Plan provides unique coverage for exotic vehicles. Even the most expensive cars get coverage, including roadside assistance, towing, and various reimbursements. There is something for each car owner between the Preferred, Deluxe, and Premier policies.
