Automobile Protection Corporation · Norcross, GA United States
Company Description
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For those sweet cars that turn out to be sour lemons, Automobile Protection Corporation (APCO) sells lemon aid. The company offers extended-care warranties (under the EasyCare brand) and service contracts for new and used vehicles, including cars, pickups, and recreational vehicles. It has some 1.7 million active contracts, which are insured by XL Capital . The warranties provide bumper-to-bumper mechanical coverage and offer rental car and towing reimbursements. The company has agreements with auto manufacturers such as Honda , Jaguar , Land Rover , Mazda , and Volvo . It sells its contracts through more than 3,000 car dealers in the US and Canada. To read the full description, subscribe now.
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Key Automobile Protection Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 280 |
Automobile Protection Corporation Executives
3 executives listed for Automobile Protection Corporation's Norcross, GA location.
| Title | Name & Bio | Contact |
| CEO | Larry Dorfman | Network |
| President | John Lee | Network |
| Director Advertising | Jim Murray | Network |
Competition
Competitive Landscape for Automobile Protection Corporation
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Automobile Protection Corporation Competitors
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