Auto Knight Motor Club, part of Fortegra, has introduced a new vehicle protection product called Theft Guard in Oregon, with a filing submitted on April 2, 2026 and a requested effective date of May 4, 2026.

The product is structured as a vehicle protection product warranty, not an insurance policy, and is designed to complement a dealer-installed theft deterrent system. If the protected vehicle is stolen and deemed a total loss, the program provides a fixed $5,000 benefit toward a replacement vehicle.

Coverage is contingent on specific conditions, including timely reporting of theft to law enforcement within 48 hours and submission of required documentation within 45 days. Claims are paid within 30 days after approval, and any payout terminates the warranty.

The warranty comes with notable limitations. It excludes theft involving negligence (e.g., leaving keys in the vehicle), theft by known individuals, and vehicles used for high-intensity commercial purposes. It also does not cover consequential losses such as lost time or personal property.

From a structural standpoint, the product is non-cancellable and non-refundable, tied to the permanent installation of the theft deterrent system. However, it can be transferred to a new owner for a fee, subject to administrator approval.

The obligations under the warranty are backed by a contractual liability insurance policy issued by Lyndon Southern Insurance Company, providing a reimbursement mechanism if the warrantor fails to pay claims.

Bottom Line: Theft Guard is a simple, fixed-benefit add-on product aimed at dealerships, offering limited but clear protection against total loss theft—positioned more as a supplemental financial cushion than a substitute for comprehensive auto insurance.