A third party warranty or vehicle service contract helps to protect car buyers from unexpected costs with vehicle ownership.
A third party warranty, also known as a vehicle service contract, is offered by a company other than your vehicle’s manufacturer. It covers specific repairs and services after the manufacturer’s warranty expires. You can pay for the warranty upfront or through monthly payments. When covered repairs are needed, the warranty helps reduce costs, typically requiring you to pay a deductible.
Manufacturer warranties are often designed to provide limited coverage, protecting car buyers from manufacturing issues or defects. While helpful, these warranties can leave coverage gaps. For example, modern key fobs for vehicles can cost as much as $1,000 in 2025 and are typically not covered by a manufacturer’s warranty if damaged or lost. However, if a car buyer purchased Prosidium Key Shield at their dealership, they could simply return to the dealership and have their key fob replaced during a covered claim.
Service contracts are designed to offer enhanced or broader protection against unexpected expenses. At Prosidium Warranty & Capital, we design our products using data to identify where coverage may be missing or expanded.
Each Prosidium product is serviced through dealerships or licensed mechanic facilities, ensuring car buyers can easily initiate claims for repairs or replacements.