Albuquerque, NM – SouthwestRe announced today the release of First Automotive Powertrain Wrap, a new vehicle service contract meant to be sold in conjunction with its First Automotive Lifetime Powertrain Limited Warranty program. Powertrain Wrap “wraps around” Lifetime Powertrain Limited Warranty to provide dramatically increased coverage for the consumer.

“Powertrain Wrap works hand-in-hand with our Lifetime Powertrain Limited Warranty program,” said Jamie Jerabek, Vice President of Underwriting and Product Development for SouthwestRe. “While Lifetime Powertrain Limited Warranty covers a vehicle’s powertrain components, Powertrain Wrap covers all of the mechanical and electrical parts of the customer’s vehicle during the term of their Powertrain Wrap contract. Although there are certain necessary exceptions, the combination of protection offered by these two programs covers the vast majority of the customer’s vehicle. It’s a definite win-win for vehicle owners.”

First Automotive Powertrain Wrap also provides contract holders with a number of valuable benefits, including:

• Emergency Roadside Assistance up to $80 per occurrence

• Rental Car Reimbursement, up to $30 per day for up to 5 days, with optional upgrade

• Towing Coverage up to $80 per occurrence

First Automotive Powertrain Wrap is available for both new and used vehicles, and can be sold by franchise and independent dealerships with licensed repair facilities.

“Powertrain Wrap is a direct result of the valuable feedback we have received from our agent partners,” Jerabek said. “This is just the latest example of how SouthwestRe responds to meet the needs of agents, dealers, and vehicle owners.”