Last week, JM&A Group enhanced its F&I product offering with the introduction of EV+ Protect.

JM&A Group highlighted EV+ Protect represents an expanded suite of products tailored specifically to meet the nuanced needs of electric vehicle owners, while introducing the company’s comprehensive platinum and powertrain limited warranties for pre-owned electrified vehicles — offering protection for one year or 12,000 miles.

“While JM&A has been providing trusted EV and hybrid products for years, this new portfolio of branded offerings gives customers a full suite of options to protect their vehicles in the way they see fit,” said Josh Bass, vice president of inovation at JM&A Group. “As customers purchase their first and even second fully electric vehicles, dealers should be prepared to address new questions and help educate shoppers.

“Having a brand like EV+ Protect allows dealers to, very simply, convey a level of personalized protection to generate peace of mind quickly, while also increasing customer satisfaction,” Bass continued in a news release.

Protection includes, but is not limited to:

All-new pre-owned electric vehicle warranty

—Comprehensive platinum and powertrain limited warranty protection options that can be provided with pre-owned EV sales

—Multi-point vehicle inspection, including analysis for outstanding recalls, full road test, tire and brakes, transmission and electrical components

Vehicle service contract

—Mechanical breakdown protection of the battery and charging system

—Covered repairs for the electric drive motor, electric power inverter, battery management system, battery thermal system, and electrically driven accessories

Total Loss Protection (GAP)

—After a total loss, there may be a “gap” in value from the amount owed and the actual cash value of the vehicle. The Total Loss Protection Plan was created to help consumers bridge that gap for new or used vehicles.

Maintenance plan

—Valuable car care services, such as tire rotation and multi-point inspection, are available for electric vehicles with different mileage intervals: 5,000, 7,500, 10,000

Battery coverage

The vehicle service contract and limited warranty products provide mechanical breakdown coverage for EV batteries

Additionally, EV+ Protect customers can select from a national network of more than 6,000 authorized service centers or any licensed repair facility in the U.S. to ensure their electric vehicle is ready for the road ahead.

For dealers, Bass said EV+ Protect will provide the opportunity to have a proven product mix that maintains their ability to offer protection options for their customers across various manufacturers. In particular, the new limited warranty product is a timely tool as early-model EVs begin entering the used market.

“As EV adoption continues to grow among consumers, JM&A is committed to long-term investment and innovation in EV+ Protect products and services,” Bass said.

“Particularly with manufacturers committing to new technology and infrastructure developing across cities nationwide, EV+ Protect™ will serve as an umbrella brand of protections that can continue to evolve and grow with the segment.”

For more information on EV+ Protect and the full menu of JM&A Group offerings, visit www.evplusprotect.com.