SouthwestRe’s First Automotive Standard, Xtended Care, and Limited Warranty Programs Now Include Coverage for Alternative-Fuel Vehicles
Albuquerque, NM – SouthwestRe announced today that it has made extensive updates to its First Automotive Standard, Xtended Care, Limited Warranty, and Lifetime Powertrain Limited Warranty programs. Chief among these updates is coverage to protect hybrid, all-electric, plug-in hybrid electric (PHEV), and fuel-cell vehicles.
“SouthwestRe recognizes that the automotive world is rapidly changing,” said Jamie Jerabek, Vice President of Product Development and Underwriting for SouthwestRe. “Previously, coverage options were somewhat limited for drivers of alternative-fuel vehicles. With the updates we are announcing today, drivers of both conventional and non-conventional vehicles now have many new and extensive coverage options available to protect their new or used vehicles.”
In addition to covering more types of vehicles, most First Automotive Standard and Xtended Care vehicle service contracts now offer the following benefits and options:
A new Travel Expense Reimbursement benefit offers options that go far beyond rental car coverage. If a contract holder’s vehicle is in the shop for a covered repair, customers can now choose taxi services, public transportation, incorporated ridesharing services, as well as a traditional car rental.
A new Autonomous Driving Systems option is available to cover autonomous driving systems components on vehicles with autonomous driving capability.
The Roadside Assistance reimbursement benefit has been increased to $100 per service and occurrence.
The Towing Coverage reimbursement benefit has also been boosted to $100 per repair visit.
Xtended Care, our program for high-mileage used vehicles, now offers a new Seals and Gaskets option that increases the maximum mileage allowed for seals and gaskets coverage of covered components on eligible vehicles to 150,000 miles.
“We feel our Standard, Xtended Care, and Limited Warranty programs are helping to lead the way by providing contract holders with some of the most significant and up-to-date protection plans available in our Industry today,” Jerabek said. “Whether you drive a vehicle with a traditional gasoline engine, or one powered by an alternative fuel source, we have you covered.”
More Industry

New Mexico Stores Change Hands
Three dealerships owned by three brothers are renamed for a new partnership bridging the founders’ family and a new auto retail leader.
Read More →
International Automakers Overpower Domestic Output
As the current U.S. administration pushes for domestic automotive production, a new report sheds light on the prevalence of international automakers here.
Read More →
World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →