IWS balances out the burden of high cost vehicle repair.

Let us show you the difference:

AN AFFORDABLE SOLUTION TO A COSTLY PROBLEM.
More consumers now hold onto their vehicles longer and opt for longer loan terms. That increases the chance they’ll face a large auto-repair bill before paying off their loan. Nearly one in three U.S. motorists cannot pay for the average $500–$600 repair bill without going into debt.*

SUPERIOR SALES.
Work less, earn more. When members are referred to our Product Information Center, IWS converts 32% of those leads to VSAs. In contrast, we’ve found that credit unions on average sell a VSA to 6-8% of members.

MORE ASSURANCE. LESS RISK.
For repossessed autos with loans that are tied to one of our VSAs, IWS will refund 100% of the policy premium to your credit union. Alternatively, your credit union can use the policy to repair the repossessed car to sell it.

WE SERVICE WHAT WE SELL.
As the direct administrator and obligor on our plans we offer. We handle everything, from supplying a quote to paying a claim, including program design, pricing, underwriting, billing and claims administration. When members encounter vehicle problems, we serve them with speed, respect and transparency — which reflects well on your credit union.

20% SALES WITH A 100% GUARANTEE
IWS will guarantee the access fee income paid to credit union in year one of this agreement. The guarantee will be a twenty (20) percent conversion rate on the number of referrals to the IWS Product Information Center. 

* 2017 AAA Repair Affordability Survey

Learn more about IWS and how we can help your credit union please complete this form.

About IWS

IWS Group began offering Vehicle Service Agreements (VSA) and Mechanical Breakdown Insurance (VSA) to credit unions in 1991. As administrator and obligor, IWS has complete control over the claims and underwriting policies and procedures. This allows IWS to ensure claims are adjudicated in a manner consistent with our mission statement, People first, products that work. IWS prides itself on superior service to credit unions before and after the sale.

We believe no other vendor in the industry is structured to accomplish this result. IWS has served credit unions for more than 25 years with tested Vehicle Service Agreements (VSA), Mechanical Breakdown Insurance (MBI), Guaranteed Asset Protection (GAP), Appearance Protection (RestoraGuard) and Auto Deductible Reimbursement (Auto Support+) programs designed for credit unions and their members. These are our only products, and we are dedicated to bringing our clients and their members the most comprehensive and innovative products in the industry. We are committed to a service philosophy and member value according to the IWS mission statement: “People first, products that work.”