If you believe that your coating is better then what the manufacturer put on the motor case.
I would look to put your pump on a stand where it does not sit on the moist sandy ground and air can circulate around it. Many pumps have a stand that hold it off the ground.
Your pump has two 45's that dip the suction pipe down to its level. I suspect that there was a pump there that was raised above the ground and the suction went straight into it. This pump was placed on the ground and the 45's put in which caused your moisture corrosion problem.
Allen, is that a pic of the OP's existing pump? Geez-Louise some installers are so lazy.
@Emarshbuck, if that photo is your old pump, then yah, just get it off the ground. Pour a concrete pad if you can, or even a large paver would be better than laying it in the dirt. Does the new one have feet? With proper clearance I would say that's all you need. I wouldn't paint a brand new pump, not until the warranty expired, anyway. The new pump should be bolted down, so that it doesn't move and shake around, which stresses the plumbing. Murphy's Law states that will cause a massive leak only while you are away for a few days.
The suction-side (inlet) pipe is supposed to be a straight run. I think the rule of thumb is 10x the diameter of the pipe. So if that is a 2" pipe, the run into the pump should be
at least 10" long. Longer is better. Those 45s are a hack. If looks like you'd have plenty of room to do a proper installation, one that will ensure your new pump will last quite a bit longer this time.
Many here insist on installing a pump with unions, to facilitate easy removal and replacement. You might consider that.
Edit: a better look suggests that
is concrete under there. It looks a bit like sand. You could epoxy a paver to that, or with concrete glue just pour a slab-on-slab to get the new pump up to the correct level. If you pour something, you can set some stainless steel bolts into the concrete before it sets, to create a good set of mounting points. If you don't have adequate circulation under the pump that way, you could add some sort of spacers, over the bolts, that would raise the pump up a bit. SS washers would work, or you can use rubber mounts that would add some noise suppression.