ATV and UTV service contracts
- Coverage designed for eligible off road units and components
- Use, modifications, maintenance, seals, gaskets, and exclusions require review
- Confirm repair network and authorization support in the member’s area
Powersports lending products
Protection designed around the unit and how members use it.
Powersports is not one product category. ATV, UTV, motorcycle, snowmobile, and personal watercraft programs need unit specific eligibility, coverage, deductibles, exclusions, seasonal support, and employee education.
ATV and UTVMotorcycleSnowmobilePersonal watercraft
Available product categories
Build the approved powersports portfolio.
Each category is a separate credit union decision. Product details, eligibility, provider, administrator, terms, pricing, jurisdiction, workflow, training, and servicing must be confirmed.
Motorcycle service contracts
- Plans may vary for cruiser, sport, touring, and other eligible motorcycles
- Mileage, use, modification, and maintenance requirements matter
- Explain covered systems, deductibles, repair authorization, and claim limits
Snowmobile and PWC service contracts
- Seasonal ownership and storage can affect the member experience
- Confirm start dates, term measurement, covered components, and service access
- Personal watercraft may require different propulsion and use definitions
GAP and debt cancellation
- May address an eligible balance after a covered total loss
- High loan to value and longer terms may increase relevance
- Asset, use, primary coverage, benefit calculation, and jurisdiction must be confirmed
Tire and wheel protection
- Fit depends on unit type, road use, and approved coverage
- Off road wear is not automatically a covered event
- Review tire, wheel, event, limit, and replacement definitions
Prepaid maintenance and theft recovery
- Maintenance can support planned service for eligible units
- Theft recovery may be relevant for portable or high value assets
- Confirm installation, data use, service availability, and cancellation terms
Credit union design questions
What changes for powersports lending?
The product set should follow the credit union’s actual loans, member circumstances, channels, systems, and service capacity.
- Unit specific eligibility instead of one generic powersports rule
- Seasonality, storage, mileage, and off road use
- Modifications, competition use, wear, and maintenance exclusions
- Local repair access, parts availability, and escalation support
Review GAP program details →Review service contract details →Review additional product standards →See the broader Elite FI Partners product catalog ↗
Product notice: This page provides general education and does not confirm current availability or coverage. The Elite FI Partners catalog is written for dealers and informs the range of categories that may be evaluated. A credit union program requires its own product, provider, legal, compliance, operational, and member experience review.
A next step centered on members
Request a product portfolio review →Build the right powersports product set for your credit union.
Start with a practical review of member needs, lending channels, workflows, employee readiness, and program priorities.