Electric Vehicle Service Contract

  • Electric Vehicle
    Service Contract
    Comprehensive coverage from the ground up
Electric Vehicles

Designed to Meet the Needs of the EV Buyer

We assembled a team of experts who conducted detailed research across the industry and analyzed internal claims data to develop a service contract focused exclusively on battery-powered electric vehicles.

 

Electric vehicles are distinctly different from gas-powered and hybrid vehicles. However, most other EV service contracts offer coverage for parts that are not even in the vehicle!

Experience

We've been covering electric vehicles with our Z2 service contract for more than five years. Based on the claims data we collected from those contracts combined with exhaustive research and intensive study of these automobiles, we've become the industry expert and built a service contract with the premier coverage that is synonymous with CNA National.

Integrity

We didn't take the easy way by wedging a battery paragraph into our standard service contract. We built a one-of-a-kind service contract with four levels of coverage—from stated component to exclusionary with battery—designed to be attractive to consumers while also helping protect dealers' losses and reinsurance positions.

Education

We took the initiative and time to learn about these unique vehicles to ensure we could not only offer a top-tier product, but also be able to effectively train and educate all of our clients on the marketing, sale and administration of our EV service contract. As the industry expert, we are your resource.

Levels of Coverage

EV VSC brings a level of coverage to drivers to ensure they can get from place to place with confidence. With the continuous upgrades and advancements in vehicle technology, car buyers need a product that provides coverage for the most important parts of their electric vehicle.

Standard
Protect

Stated-component coverage for crucial components with value in mind

Premier
Protect

The most comprehensive stated-component coverage

Elite
Protect

Comprehensive exclusionary coverage

Elite Protect
with Battery

Elite protect coverage that includes the propulsion battery

Help your EV customers fully protect their investment.

Buyers interested in EVs are typically better informed about their purchase than those looking at internal combustion engine vehicles. We’re dedicated to understanding what makes EVs unique, so let us help you meet the current and future needs of your customers.

Download The Guide

Frequently Asked Questions

Why did CNAN create this product?

With the year-over-year increase in adoption rates and consumer interest for electric vehicles, our electric vehicle service contract offers a new service contract that is custom built to address EV-specific components. This product provides a service contract option unlike any other in the marketplace and will offer consumers peace of mind with their electric vehicle purchase.

We developed our electric vehicle service contract exclusively for battery-powered electric vehicles and created tiers of coverage specific to components found in these vehicles. We assembled a team of experts to conduct detailed research across the industry and analyzed internal claims data to better understand EV component failures, manufacturing procedures and consumer concerns. Our expertise was then used to develop a service contract with protection specific to battery electric vehicles and their components.

No, all dealers currently signed up for Z2 will automatically have access to the EV service contract at the time of launch. Any adjustments to the EV service contract dealer set up will require a rate request submission.

The Elite Protect with Battery tier offers our highest level of protection; the electric vehicle's propulsion battery will be repaired or replaced when it retains less than the original equipment manufacturer's capacity allowance.

The EV service contract will be eligible for all reinsurance options. All dealers signed up for Z2 reinsurance will automatically be signed up for reinsurance with EV service contract.

Contact Us

 

If you are a contract holder or someone interested in purchasing CNA National products, you can conveniently get answers to common questions by visiting our Frequently Asked Questions page. If you still have questions, please feel free to call us our use the form below.

 

Please note that this form is for inquiries only. To file a claim or check on the status of a claim, please call us at (800) 345 - 0191.