Assurant Solutions Company to Back AAGI'S Wheelz® Vehicle Service Contract Program

Assurant Solutions company American Bankers Insurance Company of Florida will back AAGI's Wheelz® high mileage used car vehicle service contract program in addition to AAGI's AutoGuard® vehicle service contract program, which American Bankers has underwritten since 2001.

Arlington Heights, IL (PRWeb) February 1, 2007 -- American Auto Guardian, Inc. ("AAGI") today announced an expansion of its relationship with Assurant Solutions company American Bankers Insurance Company of Florida. American Bankers will back AAGI's Wheelz® high mileage used car vehicle service contract program in addition to AAGI's AutoGuard® vehicle service contract program, which American Bankers has underwritten since 2001.

Beginning February 1, 2007, AAGI will introduce the all new look of the AutoGuard® and Wheelz® vehicle service contract programs, along with numerous enhancements to both programs. AAGI's AutoGuard® program provides exclusionary coverage on new vehicles up to 10 years and 120,000 miles, while the Wheelz® program provides coverage on used cars regardless of the vehicle's age or miles.

"When you combine the AutoGuard® and Wheelz® vehicle service contract programs together in a dealership they become the most encompassing VSC program in the industry. Add to that the security provided by Assurant, and the dealership's personnel will have the confidence and ability to provide a vehicle service contract to every consumer regardless of vehicle type, age, or mileage," said Tim Brugh, Vice President, AAGI.

Mike Anderson, Senior Vice President and leader of Assurant Solutions' Automotive and Recreational Vehicle Services business, noted that: "The continuation and expansion of our relationship with AAGI gives both of us the opportunity to provide quality products to our expanding base of automobile dealers."

About American Auto Guardian, Inc.

Headquartered in Arlington Heights, Illinois, AAGI was established in 1997, and markets products in 50 states and Canada, including vehicle service contract, GAP, etch, and excess wear and tear programs. With over 150 years in combined management experience, AAGI develops superior products and administers them with personalized service.

About Assurant Solutions

Assurant Solutions businesses develop, underwrite, market and administer specialty insurance, extended service contracts and other risk management solutions through collaborative relationships with leading financial institutions, retailers, automobile dealers, funeral homes, utilities and other entities. Assurant Solutions is part of Assurant, a premier provider of specialized insurance products and related services in North America and selected international markets. Assurant, a Fortune 500 company, is traded on the New York Stock Exchange under the symbol AIZ. American Bankers Insurance Company of Florida has an A.M. Best rating of "A" Excellent. (A.M. Best Co. is an organization that rates insurance companies, based on financial strength and operating performance.)

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