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Underwriter
Peace of Mind.... Your Claims Are Fully Insured!
The National Auto Guardian Contract…. A Fully Insured Contract
One of the most important attributes of a vehicle service contract is its ability to perform effortlessly at claims time. The insurance component behind the contract combined with competent, experienced administrators is vital to the success of a program such as the National Auto Guardian Service Contract. We have hand picked three of the best insurance underwriters in the country for our warranties, Protective Life, Mercury Insurance, and Virginia Surety. Protective Life's warranties are underwritten by by their Lyndon Property Insurance division and administered by Royal Administration. Mercury Insurance warranties are both insured and administered by themselves. Both Protective Life and Mercury Insurance are rated "Superior" A+ by AM Best. Virginia Surety is rated "Excellent" A- by AM Best and administered by American Guardian.
Lyndon Insurance Information:
Lyndon Property Insurance Company
(A member of Protective Life Corp Group)
A.M.Best #: 03812 NAIC #: 35769 FEIN # 431139865
Address:
14755 North Outer Forty Road. Suite 400
St. Louis, MO
63017-6050
Fax: 636-536-5620
Phone: 636-536-5600
Web: www.Protective.com
A.M. Best’s Ratings
Financial Strength Ratings
Rating: A- (Excellent)
Financial Size Category: VIII ($100 million to $250 million)
Outlook: Stable
Action: Affirmed
Effective Date: March 11, 2005
Lyndon Property Insurance Company has insurer financial strength ratings of AA (Very Strong) from Standard & Poor’s, and A- (Excellent from A.M. Best). Acquired by Protective Life in 1999, the
St. Louis based company is being merged with another Protective company, Western Diversified. Western Diversified Life Insurance Company and Western Diversified Casualty Insurance Company have insurer financial strength ratings of A- (Excellent) from A.M. Best.
Mercury Insurance Information:
Mercury Insurance Group
A.M. Best# 03574 NAIC# 27553 FEIN # 952848960
Address:
P.O. Box 728866
Oklahoma City, OK 73172-8866
Phone: 800-654-8455
Web: www.mercuryinsurance.com
A.M. Best's Ratings
Financial Strength Ratings
Rating: A+ (Superior)
Financial Size Catagory: VIII (1.25 billion to 1.5 billion)
Outlook: Stable
Action: Affirmed
Effective Date: May 03, 2006
Mercury Insurance Group has been in business since 1961 and is publicly traded on the New York Stock Exchange(MCY). With over $3 billion in assets, Mercury has been able maintian an A+ superior rating by A.M. Best and has never had any complaints registedred with the Better Business Bureau.
The Warranty Group / Virginia Surety Information:
Virginia Surety Company, Inc.( The Warranty Group, parent company)
A.M. Best# 02314 NAIC# 40827 FEIN # 363186541
Chicago, IL 60604
312-356-3000
Web: www.thewarrantygroup.com
A.M. Best's Ratings
Financial Strength Ratings
Rating: A- (Excellent)
Financial Size Category: IX ($250 million to $500 million)
Outlook: Stable
Action: Affirmed
Effective Date: November 30, 2006
Virginia Surety is owned by The Warranty Group which is one of the largest providers of warranties worldwide. Both Virginia Surety and The Warranty Group are owned by Onex Corporation ( www.Onex.com ). Onex is one of Canada’s largest corporations and acquired The Warranty Group from AON Corporation in 2006.
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