Scottsdale, Ariz. — Last year, CNA National (CNAN) launched its service contract just for electric vehicles. That contract has now won a 2024 MOTOR Top 20 Award from MOTOR Information Systems.
Electric vehicles more closely resemble computers than traditional cars. As such, they need specialized protection. CNAN conducted extensive research to ensure its electric vehicle service contract (EVSC) provides valuable coverage to the buyer at a competitive rate, while complementing other products sold through a dealership’s F&I office. The multiple terms and coverage levels provide options for all buyers for nearly any type of EV. This product can relieve buyers’ concerns when purchasing a new or used EV, which can ultimately help dealerships sell more vehicles. Learn more about our EVSC at https://www.cnanational.com/ev-vsc.
“It’s truly an honor to be recognized by the MOTOR Top 20 awards,” said Joe Becker, president and CEO. “We put months of time and effort into developing this specialized contract because we saw the value in providing protection for EV owners. This acknowledgment is a great reward for the hard work invested by all our employees.”
Winners of the MOTOR Top 20 Award represent some of the most innovative and exciting new developments from across the automotive industry, and CNAN is honored to have their electric vehicle service contract included among them. See the complete list of winners: https://www.motor.com/top20awards-winners.
About CNA National Warranty Corporation
Founded in 1982 and headquartered in Scottsdale, Arizona, CNA National (CNAN) is recognized as a leader in the vehicle service contract industry. The company offers a choice of reinsurance structures (both CFC and NCFC) as well as GAP coverage and ancillary products, including tire-and-wheel protection. CNAN was named the #1 provider for 18 years in the Dealers’ Choice Awards. In addition, CNAN was the first and one of only two service contract companies recognized for “Highest Overall Dealer Satisfaction” by J.D. Power and Associates.* CNAN’s service contract program has had the exclusive endorsement of the American International Automobile Dealers Association (AIADA) since 1995. It is a wholly owned subsidiary of CNA Financial, one of the nation’s oldest and largest commercial insurers with more than $60 billion in assets. Learn more at CNANational.com.
