TitleGuard to Protect Lancaster Auto Customers with Insurance Against Hidden Title Defects
— Area Dealer Offers Customers Unsurpassed Protection Against Vehicle’s Hidden Past —
July 10, 2003, LANCASTER, Calif.
The Lancaster Auto Group, the number one volume new Honda and Mazda dealer in the high desert, has chosen to insure all of its used car buyers against hidden title defects for up to $50,000 with TitleGuard Vehicle Title Insurance. Lancaster is the first auto group in the high desert to offer its customers this level of protection.
TitleGuard Vehicle Title Insurance provides used car buyers and sellers with 100 percent protection, up to $50,000, against the financial losses that can result from hidden title defects such as salvage vehicles, lemon vehicles, stolen vehicles, flood and hail damaged vehicles, title fraud and forgery, and odometer rollback.
“TitleGuard allows us to replace a customer’s fear and uncertainty about a used car with confidence and peace of mind,” said Mike Taheri, president of the Lancaster Auto Group. “Our customers can now examine a vehicle’s title history before they buy it and then rely on its accuracy since it’s 100 percent insured for as long as they own the car. TitleGuard helps us take the risk out of buying a used car.”
TitleGuard is a two-part product. The first part provides consumers with a detailed vehicle title history report. The second part insures the accuracy of the vehicle’s title history. If a TitleGuard policyholder discovers a hidden or unreported title defect, TitleGuard will pay their actual losses up to 100 percent of the vehicle’s fair market retail value, to $50,000.
Tom Rubadue, president of Vehicle Title LLC, the exclusive provider of TitleGuard Vehicle Title Insurance said: “Unlike other ‘guaranteed’ vehicle history reports that are often filled with loopholes and offer consumers very little real protection, TitleGuard offers complete security. If our title report misses something, we will pay 100 percent of the policyholder’s loss. It’s that simple. TitleGuard is backed by the financial strength of The First American Corporation family of companies, which includes one of the nations’ leading title insurance underwriters. In addition to insuring customers against hidden title defects, TitleGuard also provides policyholders with a free legal defense against any future title challenges. No other vehicle history product offers this level of protection.”
For more information about TitleGuard Vehicle Title Insurance, please call (866) 819-3100 or visit www.AutoTitleGuard.com.
About Vehicle Title LLC
Vehicle Title LLC is a joint venture between The First American Corporation, a Fortune 500 company and innovative leader in the tile insurance industry that traces its history to 1889; and Experian Automotive, the automotive industry’s premier information and vehicle history data supplier. By combining the strengths and expertise of these two companies, Vehicle Title LLC maximizes its efficiencies to deliver TitleGuard Vehicle Title Insurance to the used car buying and selling public. TitleGuard is the first and only product that insures used car buyers, sellers and lenders against the actual losses that can result from unreported DMV title defects for up to 100 percent of the vehicle’s fair market retail value, to $50,000. For more information on The First American Corporation, Experian Automotive, or TitleGuard, please visit www.firstam.com, www.automotive.experian.com, or www.AutoTitleGuard.com respectively.