NAPA, Calif., March 8, 2016 /PRNewswire/ -- The first and only truly tech-based vehicle service warranty product, Trustmark Warranty, launched a new consumer website today, offering the only vehicle service contract that can be obtained 100% online, announced Luis Nieves, Trustmark Warranty's CEO.
According to Nieves, "We looked to many tech companies for how to design a modern, tech-friendly product, and Apple and their Apple Care warranty product and service served as an inspirational model for Trustmark Warranty. Universally, Apple has set a new bar for customer satisfaction: Their Apple Care customers receive preferential treatment; you can purchase Apple products and warranties all online; the company is incredibly well-funded; and you're not hassled by hard core sales people."
"While extended auto warranties, technically called 'vehicle service contracts', have been on the market for some time, there's been a lack of trust and transparency in the transaction. Until now, a consumer could only purchase a warranty after dealing with a sales person and incurring the additional cost of that overhead expense. Smart consumers now want to do their own research and make their own online purchase decisions, without the added pressure of a sales person," offered Nieves.
The new website, at www.TrustmarkWarranty.com, allows consumers who own a car with an expired manufacturers' warranty, to choose extended auto repair coverage for 12, 24 or 36-month terms, at rates that are as much as 60% less than the competition. Further, 0% financing is available with a $100 down payment.
Personal finance experts cite that the average person spends between 30% of their monthly take home pay on a car purchase and expenses; and others cite that you shouldn't spend more than half your yearly income on a car. Either way, it's generally the second largest expense after a mortgage or rent.
Nieves went on to say, "If you're warrantying your cell phone or your laptop, shouldn't you also purchase a warranty for your car, which entails a much larger financial investment? We think so."
About Trustmark Warranty
Trustmark Warranty is a new, tech-based, direct to consumer provider of Vehicle Service Contracts for private owners of used cars. Available in 12-, 24, and 36-month terms, Trustmark Vehicle Service Contracts provide industry leading coverage and are guaranteed by an A rated insurance company with $32 billion in assets. The administrator has been in business for more than 25 years, maintains an A+ rating from the Better Business Bureau, has handled 1.5 Million contracts, and has paid out more than $550 Million in claims. For more information, visit us at
SOURCE Trustmark Warranty