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A better customer experience is straight ahead.
Vehicle service contracts (VSC), also known as extended warranties, are sold to customers above and beyond the price of the vehicle and are one of the most lucrative products for your dealership to sell your customer in F&I. The best way to maximize your profit is to reinsure your VSCs in your dealer owned reinsurance company through DealerRE. Through your reinsurance company, your dealership will still make the same gross profit you were making previously with your third-party warranty company, but now you are able to capture the underwriting profit they (your vendor) were getting before. This structure is essentially like owning a warranty company solely for your store and your customers. By doing so, you get to capture the profits and have more control in the claims process while driving claims back to your service facility which allows you to keep all of the service contract revenue in your business eco-system.
Think about this, if your current third-party warranty provider weren’t making a profit off of you or taking a loss, why would they continue to do business with you?
DealerRE has VSC programs for dealers of all shapes and sizes. Whether you are selling mostly late model, low mileage vehicles or if all of your inventory has 90,000+ miles, we have a program for you.
Contact us today to start taking advantage of reinsuring your vehicle service contracts!
DealerRenew Certified is a reinsured program that is poised to transform the certified car market and your bottom line. DealerRenew Certified boasts a 100+ point inspection and a reinsured limited warranty for your customers peace of mind. This program will give you the edge you need over your competition and will create another profit center for your business through your dealer owned reinsurance company.
Call us today for more information at (804) 824-9533!
GAP is a deficiency balance waiver that waives the difference between insurance settlement and loan balance if a customer’s vehicle is deemed a total loss due to unrecovered theft or collision. It’s one of the many products we offer as part of our lineup!
Our GAP product boasts 150% OR 125% LTV coverage, is inexpensive, and backed by an “A” rated carrier. Includes coverage for underlying insurance deductible up to $1000. Your customer will be protected and you will have a top of the line experience providing our product to your customers. Some vehicles are excluded from coverage for this program.
Call us today for more information at (804) 824-9533!
InTire is a comprehensive Tire and Wheel protection product that covers tires against road hazards such as metal, nails, potholes, glass and debris. Coverage is not pro-rated and is less expensive than traditional road hazard coverage. This product is a must have addition to your F&I product offerings. InTire also provides roadside service 24 hours a day, 365 days a year for tire and wheel related emergencies.
Include InTire in a Multi-Shield ancillary bundle for a convenient way to add more value for your customer, boost product penetration in F&I, and boost your back-end gross and overall dealership profit.
Call us today for more information at (804) 824-9533!
Provide Door Ding protection to your customers to make dents & door dings a thing of the past thanks to Door Ding Protection with Paintless Dent Repair, a product that’s a perfect fit for your dealer owned reinsurance company. Developed by automotive manufacturers, Paintless Dent Repair works from behind the vehicle exterior with no need for sanding, painting or body fillers. You can provide this product through your reinsurance company and ensure your customers happiness and your ability to capture any underwriting profit. It is a no brainer!
Package Windshield Repair together with Dent and Ding and Super Polysteel (paint and fabric) to create a Multi-Shield (ancillary bundle) to build additional value for the customer, multiply the product penetration in F&I, and improve your back-end gross!
Call us today for more information at (804) 824-9533!
Theft Avert window etching etches all 6 windows with a traceable original number while Invisible Phantom Footprints anti-theft labeling system marks a vehicle’s body parts with traceable, tamper resistant technology. Theft Avert window etching and Invisible Phantom Footprints anti-theft labeling system can be presented separately or together as the ultimate tool in theft prevention. Gain invaluable peace of mind when you pick Phantom Footprints from our lineup of car dealer reinsurance products.
Call us today for more information at (804) 824-9533!
Provide your customers with Windsheild Repair coverage that repairs small cracks, stars or chips on the front windshield caused by road hazards through a Safelite Windshield Repair process. Windshield Repair is a permanent process that removes air from the break’s appearance and prevents the break from spreading. You can provide this product through your reinsurance company and ensure your customers happiness and your ability to capture any underwriting profit. It is a no brainer!
Package Windshield Repair together with Dent and Ding and Super Polysteel (paint and fabric) to create a Multi-Shield (ancillary bundle) to build additional value for the customer, multiply the product penetration in F&I, and improve your back-end gross!
Call us today for more information at (804) 824-9533!
We have been helping dealers with reinsurance for decades and have the experience to help our clients build the programs that are going to help them to be as profitable and successful as possible.
If you would like to know if reinsurance is right for you, just ask!
Serving Dealers Since 1994
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