High-tech toys drive service contract sales: Car buyers appreciate the value of electronics

摘要

In-vehicle, high-tech toys and consumers' urge to protect them are driving sales of extended service contracts, some finance and insurance professionals say. That's because consumers recognize the high cost of repairing or replacing smart-phones, tablets and laptops and how quickly technology changes. It's rubbing off on their attitudes about insuring the electronic components and gadgets in the vehicles they purchase.