Veritas Global Protection has announced the launch of its new electric vehicle (EV) protection plan, marking a significant step forward in the vehicle service contract industry. This plan is designed to cater to the unique needs of EV owners, offering coverage for high-tech components that are often excluded from traditional plans. With features like 24/7 roadside assistance and rental car reimbursement, the plan addresses the growing concerns of EV owners nationwide.
The rise in EV popularity is undeniable, with EVs accounting for nearly 10% of all new vehicle sales in the U.S. in 2024. This trend is expected to continue, highlighting the need for specialized protection plans that can accommodate the specific requirements of electric vehicles. Veritas Global Protection's initiative to introduce such plans reflects the company's commitment to innovation and customer satisfaction in an evolving automotive market.
Key components covered under the new EV protection plan include battery management and control systems, electric motor and drivetrain assemblies, onboard charging equipment, and regenerative braking systems. These components are crucial for the operation of EVs and represent a significant portion of the vehicles' value, making their protection essential for owners.
The EV protection plans are available to a wide range of customers, including dealerships, fleet operators, and individual EV owners, through Veritas' authorized partner network. This flexibility ensures that all EV owners can find a plan that suits their needs, further facilitating the transition to electric vehicles.
In addition to its new EV offerings, Veritas Global Protection continues to provide coverage options for gas-powered, hybrid, luxury, and exotic vehicles. The company's headquarters in Phoenix, Arizona, serves as the base for its operations, maintaining its reputation as a trusted provider of vehicle service contracts.
For more information on the EV protection plan and other coverage options, visit https://veritasprotection.com/.
