Navigating Cybersecurity: A 2024 Outlook for Auto Dealerships
Navigating Cybersecurity Auto dealerships are facing more and more cybersecurity challenges, making the safety of customer information a top priority. Dealerships have a large task at hand: keeping sensitive information safe from hackers who are intent on looking for ways to steal it. With the rise in online threats, dealerships are stepping up their efforts, […]
Navigating RV F&I Coverage Differences
Navigating the complexities of Finance & Insurance (F&I) coverage is key when looking to protect a vehicle investment, be it a car or a recreational vehicle (RV). Given the financial commitments involved, grasping how coverage needs differ between RVs and cars is important. These differences not only reflect the distinct aspects of ownership and usage […]
Prosidium Warranty & Capital Announces Strategic Expansion into Mexico
Prosidium Warranty & Capital is proud to announce our expansion into Mexico with the launch of Prosidium MX. Founded in January 2023, Prosidium MX aims to transform the Mexican market by offering finance and insurance (F&I) products and wealth management solutions tailored to meet the unique needs of local dealerships and their customers. Our expansion […]
Navigating Vehicle Financing & Insurance: The Critical Role of F&I Managers Explained
What is an F&I Manager? An F&I Manager, short for Finance and Insurance Manager, plays a pivotal role within auto dealerships. They are responsible for presenting customers with financing options and insurance products that are related to the purchase of a new or used vehicle. Beyond aiding in financing, their role is crucial in offering […]
The Road to Dealership Success: Testimonials from Our Dealer Partners
At Prosidium Warranty & Capital, our commitment to enhancing dealership processes is a sincere passion. With a dedication to offering comprehensive, teachable processes and a full suite of F&I products and wealth management solutions, we’re committed to optimizing sales, streamlining operations, and fostering long-term partnerships. Our success is reflected in the success stories of our […]
Digital Transformation in the Auto Industry
Advantages of Digital Retailing Tools The shift from traditional paper-based processes to digital tools is gaining popularity among all industries, automotive finance included. Despite some initial hesitancy, studies highlight the benefits of digital tools in enhancing customer satisfaction, streamlined deal completions, optimized employee workflows, and increased sales efficiency. Overcoming Industry Skepticism with Digital Solutions Wolters […]
Auto Retail Regulations: The Latest on FTC CARS Rule and REDO Act Developments
The Federal Trade Commission’s (FTC) announcement of the CARS rule caused quite a stir within the auto industry. The FTC Combatting Auto Retail Scams Rule, initially set to take effect on July 30th, 2024, introduces requirements for auto dealership advertising, record-keeping, customer interactions, and the sale of finance and insurance (F&I) products. Aimed at protecting […]
Automotive Inventory Insights for 2024
As the year continues, the automotive industry in the United States presents a fascinating landscape in terms of new-vehicle inventory levels. After disruptions caused by the pandemic, the automotive industry is navigating the road through recovery and adaptation. We’ll look at the current state of new-vehicle inventories and what the future holds, building on recent […]
Prosidium Warranty & Capital: The New Era of Principal Warranty Corp.
The time has come to announce our eagerly awaited debut at the 2024 National Auto Dealers Association (NADA) Show, marking a significant milestone in our team’s journey. After celebrating 15 years of growth and international expansion, we are ready to welcome a new era. Principal Warranty Corp. is now Prosidium Warranty & Capital – a […]
Prosidium Wear Shield
When it comes to protecting your vehicle, placing all your trust in a manufacturer’s warranty might not provide you with the coverage you truly want. Recognizing this gap, Prosidium Warranty & Capital presents an innovative solution: Wear Shield. This maintenance coverage aims to provide you with an extra layer of protection for essential driving components […]
ALL-SEASON VS. WINTER TIRES: NAVIGATING SNOWY AND ICEY ROADS WITH CONFIDENCE
As the temperature drops and snowflakes start to blanket the roads, the age-old question resurfaces: should you switch to winter tires, or are all-season tires sufficient? Understanding the differences between these two types of tires is crucial for safe driving in cold, snowy, and icy conditions. All-Season Tires: The Jack of All Trades All-season tires […]
Prosidium Auto GAP
There is a lot of uncertainty in the day-to-day life of a vehicle owner. Unforeseen accidents and vehicle theft might leave you upset and stressed while you have to bear the financial burden. With Prosidium Auto Gap, we carry that burden by filling the gap that’s often left behind by insurance policies. Coverage with Prosidium […]
Prosidium RV Maximum Shield
Life on the road can be tough on your RV, exposing it to dirt and grime on the inside and outside. But worry not; Prosidium RV Maximum Shield is here to keep your RV looking brand new. Our Interior and Exterior Protection program, along with Rip & Tear benefits, have got you covered. Protecting Vehicle […]
Prosidium RV Total Care
Are you an RV enthusiast who enjoys hitting the open road, exploring new destinations, and creating lasting memories with your family and friends? If so, you know that owning an RV can be incredibly rewarding but comes with great responsibility. It’s essential to protect your RV from unexpected costs for repairs and replacements due to […]
How to File a Claim With Prosidium Warranty & Capital
At Prosidium Warranty & Capital, we know that unexpected vehicle issues can be both frustrating and stressful. That’s why we’ve streamlined the process of filing a claim to make it as quick and easy as possible for our valued customers. In this guide, we’ll walk you through the steps to file a claim with Prosidium […]
Key Q3 Trends in the Auto Industry
The auto industry in the United States has been disrupted for three years and is only just now seeing signs of recovery. Several key themes are fueling this year’s recovery. David Phillips of Automotive News delves into some of the top automakers’ third-quarter results. Let’s take a closer look at the third-quarter outcomes and trends that […]
Prosidium RV
Enjoy the freedom of the open road with Prosidium RV. When you own an RV, there are many parts that may require mechanical care over the course of its life. Ensure that your RV remains in pristine condition with Prosidium RV, your trusty protection plan covering both towable RVs and motor homes. Towable Prosidium Care: […]
Prosidium RV Theft Shield
Theft is an unfortunate reality that exists in today’s world and can deprive you of something you worked hard for. Prosidium RV Theft Shield is a protection system for both newly purchased and pre-owned recreational vehicles. This system is installed on the RV to act as a deterrent against theft. Theft Protection For Your RV: […]
Detroit Three and UAW Strike Negotiations
The Detroit Three automakers—Ford, Stellantis, General Motors, and the United Auto Workers (UAW)—have engaged in some crucial negotiations this month, hoping to find common ground on several key issues. It has been a complex process, with both sides having their own sets of priorities and concerns. A key point of discussion from the UAW has […]
Prosidium Pro Shield
When you’re on the journey of vehicle ownership, the uncertainty that comes with unforeseen mechanical issues can cast a shadow of doubt. Prosidium Pro Shield serves as your steadfast companion, erasing those doubts by extending a protective umbrella over you through the crucial initial phase—the first 3 months or 3,000 miles from your used vehicle […]
Prosidium Connect
In the quickly changing landscape of today’s world, the unfortunate reality is that vehicle theft poses a potential threat to vehicle owners. At Prosidium, we know the importance of safeguarding your investment and the value of peace of mind. To address these concerns, we’ve launched Prosidium Connect, an innovative theft protection system tailored to both […]
Prosidium Maximum Shield
When it comes to keeping your new or pre-owned vehicle looking its best, Prosidium Maximum Shield has you covered. If you like the idea of keeping that showroom-worthy allure, then Prosidium Maximum Shield is your solution. This protection package has Exterior Protection, Interior Protection, and Rip & Tear benefits, making sure your vehicle stays looking […]
Prosidium Secure Care
With Prosidium Secure Care, we understand the value of safeguarding both your vehicle and your peace of mind. That’s why we offer a coverage solution designed to provide you with mechanical protection for a range of critical components on your high-mileage, pre-owned vehicle. From engines and transmissions to drive axles, air conditioning, heating and cooling […]
Prosidium Lifetime Warranty
When it comes to investing in a vehicle, the journey extends well beyond your initial purchase. The true value of your investment is revealed over the years as your vehicle becomes integral to your daily life. That’s why Prosidium Lifetime Warranty was created as a beacon of reassurance, promising not just protection but peace of […]
Prosidium Executive Shield
In the realm of daily driving, protecting your vehicle from the unexpected is a challenge we all face. Dents and dings can happen out of nowhere, leaving us frustrated about how to handle the world of repairs and expenses. That is where Prosidium Executive Shield steps in—your partner in securing your vehicle against the dangers […]
The North American International Auto Show Returns
Rev up your engines because the North American International Auto Show (NAIAS) is back! From September 13th to 24th, 2023, the automotive world will once again meet in Detroit, Michigan, to celebrate the latest innovations and technologies from the auto industry. NAIAS is known for spotlighting the best vehicles and technologies from American and international […]
What are the Best Ancillary Products?
In the world of vehicle protection, you may come across the term “ancillary product.” But what exactly is it, and why should you consider adding it to your protection plan? A lot of companies offer ancillary products, but not all ancillary products come with Prosidium Warranty & Capital standout 15-second average hold times, 6-minute handle […]
Dealership Lots: Expanding Vehicle Inventory
The summer of 2023 has seen a notable upswing in the U.S. automotive industry, with new vehicle inventory levels increasing from the same point a year ago. The rise in inventory can be credited to a slow return to some form of normalcy in production after a few years of challenges. As the automotive landscape […]
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