Effective immediately, LKQ says it will indemnify licensed auto repair shops against injury or damage caused by a defective aftermarket vehicle replacement product distributed by LKQ. LKQ says its "Promise of Protection" is unique in the auto parts industry offering unparalleled product liability indemnification.
"We have always stood behind our product quality and offer lifetime warranties for all of our aftermarket crash parts, that's not new," said Rob Wagman, president and CEO of LKQ. "Our Promise of Protection goes one giant step further by offering product liability indemnification. This new program clearly demonstrates our higher level of quality assurance beyond the lifetime warranty, so our customers can be totally confident when buying and using our products in their repair businesses."
LKQ says its alternative parts offering has the industry's widest assortment of products including CAPA and NSF certified parts, ISO-9001 and TS-16949 manufacturing by many suppliers and Platinum Plus parts distributed through its ISO-9001 facilities. In addition, the company's proprietary quality assurance program, AQRP, is available to LKQ's insurance and fleet customers.
The LKQ program invites comparison with that recently announced by Diamond Standard (see www.diamondstandardsecurityshield.com). Diamond Standard announced that it would offer $40 million of insurance coverage for shops against any liability claims arising from the use of Diamond Standard's NSF certified parts.
The Promise of Protection is subject to certain terms and conditions. For more information visit www.lkqcorp.com.