This story was produced by April D. Lee and distributed by Next Net. Auto dealers face a set of specific insurance gaps that may be overlooked. These hidden exposures can put businesses at risk of ...
Dealers have an underleveraged opportunity to impact customer loyalty and satisfaction, as well as their own bottom lines. How can they take advantage of the opportunity? By integrating insurance into ...
A quantitative Polly study indicates that insurance price, choice, and convenience matter to consumers and can be a value-add for dealers. Dealers are missing the embedded insurance opportunity.
Market conditions, finance and insurance pricing and customers' auto loan terms are factors dealerships might take into account when establishing a reinsurance strategy for 2022, an executive at a ...
Insurance for auto dealerships has seen a whirlwind of changes lately that have impacted the way business is done in the industry. In today's competitive market, dealers are under pressure to secure ...
Rising insurance costs are cutting into auto dealership profits across the country. From higher premiums on inventory and liability coverage to increased repair costs that drive customers away, ...
The car-buying experience is changing. Buyers are spending more time researching vehicles and completing steps of the car-buying process online than time in-market shopping or visiting the dealership.
Buying insurance through the car dealer while purchasing a new vehicle offers convenience, instant coverage and easier claim support. Dealers handle paperwork and assist with repairs and claims.
Hurricane Helene and far-reaching natural disasters of its scale could trigger insurance providers to reevaluate how they price policies and what types of coverage they offer. Helene — a Category 4 ...
An Augusta car dealership tried to file an insurance claim for a vehicle someone purchased, then totaled and defaulted on shortly after. Because the purchaser was in a police chase at the time of the ...