Utilize these 4 rules of thumb to select the best warranty strategy suppliers.
Depend on warranty plan administrators which have extensive experience in the service and warranty strategy area. Experience in the development, underwriting and sales of plans provides you with a partner who understands for innovative warranty items, the need for and run the risk of related to non-compliance with state laws, and what you as a reseller of warranty plans- or a consumer- need to acquire.
Select a warranty strategy administrator whom is backed by A rated insurance companies, like Starr Business, whom underwrites warranty plans for OnPoint. Insurance companies have deep pockets, and the excellent ones preserve those deep reserves by utilizing the latest in actuarial science to price warranty plans properly. Well priced programs drive margin for warranty strategy resellers and assurance for covered customers.
Warranty strategy administrators need to execute warranty planswarranty service well to drive terrific client experiences. Warranty service requires warranty plan administrator recruit, credential, onboard, contract with and manage a service network.