Centennial Vehicle Service Contract

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Centennial Brochure
- Alleviates contingent liability associated with Dealer Obligor program
- Independent third-party trustee deposits funds in financial institution of dealer's choice
- PORC owns funds NOT the service contract
- Dealer participates in investment decisions
- Optional discretionary account requiring only dealer's signature
- Dealer decides when dividends are payable
- Dealer controls goodwill claims (certain restrictions)
- Availability of loans
Centennial is Mechanical Protection for New & Pre-Owned Vehicles
VEHICLE PROTECTION
Pays full retail for parts and labor.
NATIONAL ACCEPTANCE
Centennial Vehicle Service Contracts are accepted by repair
facilities nationwide. In the event that a network repair facility is
not available, transient claims are paid by a nationally accepted
credit card.
RENTAL REIMBURSEMENT
First day coverage and the dealer sets the rate of reimbursement.
TOWING COVERAGE
The Centennial Service Contract provides for towing reimbursement when in conjunction with the repair of a covered item.
INCREASED RESALE VALUE
If the vehicle is sold, the remaining Centennial coverage can be
transferred to the new owner, providing the opportunity of a higher
resale price.
ROADSIDE ASSISTANCE
In case of emergency, your customer can feel secure in that
Centennial coverage provides for towing, flat tire, lost
key assistance, battery jump start or for an emergency supply of
gasoline and fluids.
Covered Components include:
POWERTRAIN
- Engine
- Turbo Charger/Super-Charger
- Transmission (Automatic or Standard)
- Front/Rear Differential/Case
- Seals and Gaskets
STANDARD
Includes items listed in the Powertrain Coverage Plus:
- Air Conditioner
- Front Suspension
- Steering
- Brakes (Non-ABS)
- Electrical
- Seals and Gaskets
HIGH-TECH
Includes items listed in Powertrain and Standard Coverage Plus:
- Additional Electrical
- Anti-Lock Brakes (ABS)
- Cooling
- Factory Air Conditioning and Heating
- Front and Rear Suspension
- Fuel System
- Interior/Exterior
- Seals and Gasket