Service Contract Industry Council

What Service Contract Industry Council does

The Service Contract Industry Council (SCIC) is a U.S. national trade association headquartered in Albany, NY, with a mailing address in Tallahassee, FL, that advocates for the service contract industry (extended warranties) and works with state and federal lawmakers to develop fair and uniform regulation. Its member companies—administrators, retailers, insurers, manufacturers, and providers of service contracts—collectively offer approximately 80% of all appliance, consumer electronics, home, and vehicle service contracts sold in the U.S., a market in which roughly 250 million service contracts are sold annually. SCIC operates in three product verticals on behalf of members: Auto Service Contracts (covering vehicle repairs, roadside assistance, towing, and rental reimbursement), Consumer Goods Service Contracts (covering electronics and appliances beyond the manufacturer's warranty), and Home Service Contracts (covering HVAC, plumbing, electrical, and major appliances, typically on renewable one-year terms). The association also publishes consumer-facing FAQs and educational content to support informed purchasing decisions.

SCIC is not a product company; it has no proprietary technology, app, or AI/ML capability. Its core offering to members is regulatory advocacy, model legislation, 50-state compliance surveys, and consumer-education campaigns designed to legitimize and grow the service contract category. The organization is governed by its members, with members voting on initiatives and priorities at annual meetings.

SCIC funds itself through a single flat membership dues structure paid by service contract providers, payable annually or in quarterly installments; dues amounts are not publicly disclosed. With a small (1–10 employee) operating footprint and a single Albany-based team, SCIC runs a lean, member-funded model in which the largest revenue exposure is retention of the high-share member roster that gives the association its 80% industry representation.

Name

Service Contract Industry Council

Legal name

Service Contract Industry Council

Website

https://go-scic.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

The Service Contract Industry Council (SCIC) is a U.S. national trade association that advocates for fair regulation of the service contract industry on behalf of member administrators, retailers, insurers, and manufacturers representing approximately 80% of U.S. service contracts sold.

Ownership category

akta.pro rank

Product category

Industry Trade Association

NAICS

Business Associations (813910), Professional Organizations (81392), Professional Organizations (813920)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Technical Committees, Working Groups & Expert Panels (BPADANAB)

Keywords

• Trade association services
• Service contract advocacy
• Regulatory compliance support
• Industry membership organization
• Consumer protection resources

Headquarters

HQ city

Tallahassee

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership dues: SCIC generates revenue through annual membership fees paid by service contract providers (administrators, retailers, insurers, manufacturers). All members pay the same flat fee for services including compliance resources, legislative updates, 50-state surveys, and advocacy support. Payments are payable annually or in quarterly installments.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

The Service Contract Industry Council (SCIC) is a national trade association that represents the service contract industry. Its members include administrators, retailers, insurers, and manufacturers that collectively offer approximately 80% of all appliance, consumer electronics, home and vehicle service contracts sold in the U.S. SCIC delivers industry advocacy, model legislation, regulatory compliance resources, and consumer education to its member companies.

Product overview

The Service Contract Industry Council (SCIC) is a national trade association — not a product company — that represents the service contract industry. It does not sell service contracts directly but rather advocates for fair and uniform regulation, educates consumers, and provides industry standards. The three core product categories it represents and promotes are Auto Service Contracts (extended vehicle warranties covering repairs, roadside assistance, and rental reimbursement), Consumer Goods Service Contracts (covering electronics and appliances), and Home Service Contracts (covering HVAC, plumbing, electrical, and major appliances). SCIC also publishes consumer-facing FAQs and news articles to raise awareness about service contract benefits. Member companies collectively offer approximately 80 percent of all appliance, consumer electronics, home, and vehicle service contracts sold in the U.S.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 80% of service contracts sold in U.S. are from SCIC member companies
• +9 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Guaranteed Asset Protection Alliance (GAPA)coreStrategic or Co-development Partner · 1 October 2025GAPA members joined with SCIC and Motor Vehicle Protection Products Association (MVPPA) to approve new minimum standards applicable to product refunds and forms in October 2025.
• Motor Vehicle Protection Products Association (MVPPA)coreStrategic or Co-development Partner · 1 October 2025MVPPA members joined with GAPA and SCIC to approve new minimum standards applicable to product refunds and forms in October 2025.
• American Home ShieldcoreStrategic or Co-development Partner · 1 April 2014SCIC member company American Home Shield conducted a study of home sale prices showing homes with protection plans sell for $2,300 more and spend 11 fewer days on market.

Scale indicators7 records

Recent moves1 record

Expansion highlights4 records

Others

• Better Business Bureau (BBB): Nonprofit consumer protection and business accreditation organization. Comparable as an organization whose ratings, complaint handling, and consumer trust signals materially affect SCIC member companies' marketplace credibility.
• National Consumers League: Long-standing U.S. consumer advocacy organization. Comparable as an organization engaging in consumer education and policy on extended warranties and service contracts, frequently cited alongside SCIC's consumer research.
• National Automobile Dealers Association (NADA): Trade association representing franchised automobile dealers, the principal distribution channel for auto service contracts. Comparable as an adjacent industry association whose members sell SCIC-relevant products at point of sale.
• National Association of Insurance Commissioners (NAIC): U.S. standard-setting and regulatory support organization for state insurance regulators. Comparable as the regulatory counterpart SCIC engages with on legislative advocacy and model legislation for service contracts.

Broad incumbents

• Consumer Technology Association (CTA): Major trade association representing the consumer electronics industry. Comparable as a broad technology/consumer goods association that interacts with the same consumer electronics service contract ecosystem SCIC covers.
• American Property Casualty Insurance Association (APCIA): Large national trade association representing property and casualty insurers, many of which underwrite or administer service contracts. Comparable as a broader insurance industry advocacy body whose members overlap with SCIC's membership base.
• Insurance Information Institute (Triple-I): Nonprofit industry communications body for the insurance sector. Comparable as a broader insurance industry trade/communications organization that intersects with SCIC's member ecosystem and consumer education mission.

Regional players

• National Association of Home Builders (NAHB): U.S. trade association for the home building industry, including remodelers. Comparable as an adjacent industry association with overlap in the home warranty / home service contract segment SCIC covers.

Direct peers

• Guaranteed Asset Protection Alliance (GAPA): Industry alliance representing the guaranteed asset protection (GAP) waiver product segment, which is closely adjacent to auto service contracts. Comparable as a specialized trade body that joined SCIC and MVPPA in the October 2025 cross-association standards effort.
• Motor Vehicle Protection Products Association (MVPPA): Trade association representing providers of vehicle protection products, including service contracts. Directly comparable to SCIC as a service contract industry advocacy body, and an active partner in the October 2025 minimum standards agreement.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/service-contract-industry-council-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Service Contract Industry Council