The Car and Truck Fleet and Leasing Management Magazine Used-Car Lease Customers Protected with $50,000 Insurance Against Hidden DMV Title Defects

March 25, 2004

Automobile Consumer Services, Inc. (ACS), a leader in online, direct-to-consumer auto leasing, has chosen to insure all of its customers against hidden DMV title defects for up to $50,000 per vehicle with TitleGuard Vehicle Title Insurance.

TitleGuard Vehicle Title Insurance protects used-car buyers against the financial losses that can result from hidden DMV title defects such as salvage vehicles, lemon vehicles, stolen vehicles, flood and hail damaged vehicles, title fraud and forgery, and odometer rollback. If a TitleGuard policyholder discovers a hidden or unreported DMV title defect, TitleGuard will pay their actual losses up to 100 percent of the vehicle’s fair market retail value, to $50,000.

“In addition to insuring customers against hidden title defects, TitleGuard also provides policyholders with a free legal defense against any future title challenges,” said Tom Rubadue, president of Vehicle Title LLC, the exclusive provider of TitleGuard Vehicle Title Insurance.

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