Wear & Tear Protection protects the lessee from uncertainty of excess wear & tear charges at lease termination and minimizes customer dissatisfaction and collections issues with the lessor.

Wear & Tear Protection can be sold on a blanket basis (provided by the lessor) or voluntary basis (the lessee chooses coverage at origination or within first 6 months of the lease) to meet risk management, product enhancement or fee income needs

Coverage provided if lease reaches full term and the vehicle is returned to the lessor.

Features

1. Helps the lessor differentiate itself from others
   
2. Monthly reporting on portfolio activity
   
3. Wholly owned dealer administration company providing expertise in dealer marketing and processing
   
4. Rapid and accurate claims services

Benefits

1. Increased lessee satisfaction
   
2. Improved dealer relations
   
3. Reduced losses on returned vehicles
   
4. Minimized collection and administration expenses
   
5. Fee income to both the lessor and the automobile dealer
   

This product is underwritten out of our Home Office in Cincinnati. As a service, FIS will assist our agents in: making contact with the Underwriter, obtaining an Application, and presenting submission material for review by the Underwriter.