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Vehicle Service Contracts and Agreements are vital to an auto dealer's successful business model. When implemented seamlessly, they create a win-win scenario from seller-to-consumer.
Magellan's Service Solutions are uniquely designed to protect and mitigate for any financial shock that may occur after-sale, giving a dealer the confidence to stand behind its vehicles.
All the while cultivating a repeat business opportunity for trusted Service Advisors, well-maintained vehicles for trade-ins, and overall, more satisfied buyers/sellers. We can't control everything, but we can ensure our customers remain satisfied and loyal.
Claim Solutions
Our claims team combines deep industry expertise with a customer-first approach to deliver an exceptional claims experience. Backed by thousands of successfully managed claims, our experienced professionals provide efficient resolutions, clear communication, and proactive support every step of the way. We handle every claim with urgency and care, helping customers navigate the process with confidence while minimizing disruption. This commitment to service consistently drives high satisfaction rates and enables our clients to recover quickly and focus on what matters most.
- U.S. based Claims Center
- 65-years of combined experience
- Bilingual ASE Certified Adjusters
Magellan Service Corporation
Magellan Service Corporation is a trusted leader in vehicle service contracts, partnering with industry experts to deliver real value. Our F&I programs help dealerships offer tailored protection solutions that elevate the customer experience—while your team stays focused on what they do best.
As an independently owned company with over a decade of experience, we provide more than customizable products. From compliance support and claims handling to turnkey warranty programs and sales tools, we deliver results. Our mission is to drive performance, protect your reputation, and elevate the customer experience — every step of the way.
- Founded in 2014
- Licensed in all 50 states
- Actively servicing over 2,200 dealers
- In-house Claims Administration
- Backed by Old Republic (A+ Rated Carrier)
Who Is LodeStar Re?
A vehicle service agreement is an optional plan that covers repairs after the manufacturer's warranty ends—often called an extended warranty. While many offer these plans, Magellan sets itself apart by partnering with LodeStarRe, a global leader in reinsurance with 25+ years of experience.
Our agreements are backed by trusted issuers and dealer reinsurance companies, then expertly managed by LodeStarRe's proven team to ensure long-term value and performance.
With a wealth of experience in participation and reinsurance management, LodestarRe actively oversees a portfolio of more than 1,000 reinsurance companies. In 2022, Lodestar was acquired by Spectrum Automotive Holdings, further strengthening its resources, capabilities, and industry reach.
The Guiding Principle
LodeStarRe acts as a strategic partner, offering flexible, tailored reinsurance solutions beyond traditional models. As a multi-line reinsurance company, it brings cross-industry expertise and ensures compliance through annual reviews, renewals, and ongoing business evaluations.
Spectrum Automotive Holdings
Founded in 1999, Spectrum Automotive Holdings has grown from a single agency into the nation's largest independent distributor of F&I products. Through strategic acquisitions and a steadfast commitment to dealer success, Spectrum operates more than 40 companies under one unified organization, employs over 1,000 professionals, and supports more than 15,000 dealership rooftops nationwide.
Albuquerque, NM 87199
Driving Innovation in Protection