Allstate Dealer Services To Use Allstate Brand For Finance & Insurance Products
JACKSONVILLE – Allstate Dealer Services (ADS) today announced plans to brand its finance and insurance (F&I) products with the Allstate name.
“Allstate has very strong name awareness and recognition,” said Doug Herberger, president of Allstate Dealer Services. “Marketing products under the Allstate brand will accelerate our success by leveraging the strength, stability and confidence the Allstate brand conveys. Allstate has taken care of its customers for 80 years and that’s the kind of company with which consumers and our partners want to do business.”
In making this decision, Allstate Corporation and ADS leadership considered distribution partner feedback suggesting the name change would help them grow and succeed in the competitive automotive F&I marketplace.
Allstate will be used as an umbrella name for product lines that include Allstate Guaranteed Asset Protection (GAP), Allstate Vehicle Service Contract (VSC) and other ancillary F&I products which will arrive in the marketplace over the course of the year.
GAP products cover the difference between a car insurance settlement and any outstanding loan balance in the event of a total loss. VSC products cover repairs and parts replacement beyond the terms of a car’s factory warranty.
As Allstate Dealer Services transitions CarMor products to the Allstate name, the name change will be seamless to existing CarMor customers. They will continue to receive the same industry-leading service and support levels they have come to expect.
Allstate Dealer Services is the nation’s leading provider of Guaranteed Asset Protection and offers a suite of F&I products to automotive dealers through its network of independent agencies, third-party administrators, Original Equipment Manufacturers and other strategic partners.
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