Warrantech Recognizes Vehicles with Fewest Repairs in 2014

1. Warrantech Recognizes Vehicles with Fewest Repairs in 2014 Warrantech Corporation, a leading independent provider of service contracts and after-market warranties for the automotive, consumer electronics, computer, furniture and home industries announced today the results of a study the company conducted on the performance reliability of vehicles in 2014. Warrantech Automotives actuarial department analyzed its paid claims records on the various vehicles driven by the company’s service contract customers during the past year. Utilizing Warrantech’s proprietary database, the company identified service contracts on vehicles that consistently required the fewest number of repairs in 2009, the company identified a number of vehicles that were deemed the most dependable in terms of performance and reliable service. Categorized by region, the vehicles recognized as top performers are listed below: Asian Vehicles Honda Pilot (Passenger Sedan) Honda Civic (Passenger Sedan) Honda CRV (Passenger Sedan)

2. Domestic Vehicles Ford Ranger (Pick-up Truck) Ford F150 (Pick-up Truck) Ford Escape (Compact Sedan) European Vehicles Volkswagen Beetle (Compact Sedan) Volkswagen Jetta (Passenger Sedan) Volkswagen Passat (Passenger Sedan) “Consumers want dependable transportation, and automobile manufacturers have worked diligently to increase the reliability of their vehicles over the years,” said Jeanine Folz, senior vice president of insurance services for Warrantech Corporation. “And, the results of Warrantech’s actuarial study reflect this trend. Today, more than ever before, automobile manufacturers are focused on quality control, and the reliability of some models sets them apart from the rest.” Conversely, actuarial data not only highlights the reliable performance of certain vehicles, but it can identify negative trends as well. “Through advanced data analysis, Warrantech actuaries saved our insurers millions of dollars in losses by identifying those vehicles requiring higher reserves to hedge against future losses in less reliable cars,” Folz noted.

3. Monitoring the reliability of vehicles is valuable information which is the reason Warrantech so carefully tracks repair statistics. “Given the high standards for quality control in the automotive industry, picking a particular model in any category is hard, especially considering the number of vehicles on the road today. However, some manufacturers have produced a number of vehicles that consistently require fewer repairs. These vehicles and their manufacturers deserve recognition,” Folz added. “At Warrantech, we congratulate the top performers of 2014, on a job well done.” About Warrantech Consumer Product Services, Inc.: Based in Bedford, Texas, Warrantech Consumer Product Services, Inc. (WCPS) administers service contracts and after-market warranties on consumer electronics, computer and computer peripherals, jewelry, furniture, and appliances. WCPS is a division of Warrantech Corporation, a recognized leader in the service contracts industry. In addition to consumer products, Warrantech administers and markets service contracts on homes, automobiles, automotive components, and recreational vehicles, for retailers, distributors, internet providers and manufacturers. Acquired by H.I.G. Capital in 2007, the company continues to expand its domestic and global penetration, and now provides its services in the United States and Canada. For more information about Warrantech free visit here:-http://www.slideshare.net/warrantech