Important Information
About the Purchase of Your Mechanical Repair Protection
Ongoing economic turmoil driven by uncertainty in financial markets has created an environment in the financial services sector that is perhaps the most challenging in our nation’s history. GMAC Financial Services, which includes GMAC Insurance, has taken several actions recently to strategically manage its various business operations and improve its access to funding during this historic period of financial instability in the global capital and credit markets. In addition, GMAC Insurance continues to operate with a strong balance sheet, significant market presence and an employee base committed to supporting you, our customer.
Your Mechanical Repair Protection vehicle service contract is a wise and secure purchase. Every Mechanical Repair Protection vehicle service contract is 100% insured by a member company of the GMAC Insurance Group. Our companies are highly rated and are regulated by law for the protection of the public.
A legacy of service. With over 69 years of experience offering quality insurance and insurance related products and services to automotive dealerships, GMAC Insurance has offered high quality vehicle service contract products and exceptional service to our valued customers for 35 years.
A strongly rated company. GMAC Insurance maintains a financial strength rating of “A-” (Excellent) from A.M. Best Company, the main rating organization for the insurance industry. The “A-” rating is assigned to companies that have, in the opinion of A.M. Best, an excellent ability to meet their ongoing insurance obligations.
Protection for your investment. The GMAC Insurance Group of companies is regulated under insurance laws designed to protect you and to enable insurance companies to maintain a sound financial condition.
Direct claims. Under the terms of your Mechanical Repair Protection vehicle service contract, you have the right to make a claim directly against the GMAC Insurance company backing your Mechanical Repair Protection vehicle service contract if necessary. Please refer to your vehicle service contract for details and contact information.
We value your business. GMAC Insurance remains committed to providing strength and peace of mind in your Mechanical Repair Protection purchase, and we appreciate you as a customer. If you have questions regarding GMAC Insurance during the purchase process of a Mechanical Repair Protection vehicle service contract, we invite you to contact us at 1-800-631-5590.
As of February 3, 2009