American Guardian Warranty Services, Inc.’s Post

💎Product Spotlight: Value Protect💎 Value Protect is a financial protection product that safeguards your drivers and their wallets from incidents that could otherwise reduce their vehicle’s value. With this product, drivers can maintain the trade-in-value of their vehicle and enjoy peace of mind knowing that they are protected from unforeseen circumstances. Contact support@dowc.com today to learn more about Value Protect and many more of our industry-leading F&I products. . . . #DOWC #vehicleprotection #automotive #autodealer #finance #insurance #auto #dealer #autodealer #dealership

We understand that a vehicle's retail value may decrease over time, and in case of an unfortunate total loss event, standard insurance settles based on the depreciated value at the time of loss. With the MUA Depreciation Protection Cover, you can insure against the depreciation of the vehicle’s retail value! This means you can enjoy added peace of mind knowing that the full retail value at the time of purchase, even if the vehicle’s value has declined over the years. Get in touch with your broker today and inquire about the MUA Depreciation Protection Cover - an additional benefit that puts you in control! #DepreciationProtection #SmartInvestment #CarInsurance #PeaceOfMind #TotalLossCoverage #AddedBenefits #ProtectYourVehicle #AskYourBroker #InsureIntelligently #MUAInsuranceAcceptances

Not at all! Credit insurance carriers, not you, pay the broker's commission. Think of it like this: Imagine buying a car. The salesperson gets paid by the dealership, not by you, and the price of the car stays the same. Brokers operate similarly in the credit insurance world. That means that brokers provide valuable expertise, save you time and effort, and potentially even secure better coverage options, all at no additional cost to you! #accountsreceivable #tradecreditinsurance #businessinsurance #creditriskmanagement #financialsecurity #creditinsurance #nowyouknow

An apple-to-apple comparison is crucial when evaluating motor insurance or other insuance premiums. I have observed individuals questioning why their premiums are 30% to 40% higher than market rates. when we further inquiry about the Insured Declared Value (IDV), coverages, and other factors, they often provide incomplete information, such as screenshots which showing only the premium amount without GST even. This trend extends to claims settlement and comparisons of other products too, where half the information leads to misguided conclusions. Thoughtful comparison reflects awareness and intellect but without comprehensive knowledge, such assessments can be misleading and ultimately unproductive. #generalinsurance #thought

💎Product Spotlight - Guaranteed Asset Protection (GAP)💎 Did you know that the average GAP claim falls between $3,200 and $9,500? With GAP, drivers can feel confident knowing that they won’t have to experience the financial burden of out-of-pocket expenses if their vehicle is declared a total loss. It's one of the many DOWC protection products that provide drivers with peace of mind and financial security in the event of an incident. Contact support@dowc.com today to learn more about GAP and the rest of our industry-leading F&I products. . . . #DOWC #vehicleprotection #automotive #autodealer #finance #insurance #auto #dealer #autodealer #dealership

Remember the days when bank tellers used to push car insurance while you requested a bank cheque to buy a car? Since October 2021, this type of unsolicited selling is largely banned under the hawking prohibition.   What does this mean for your business? The hawking prohibition protects consumers from unsolicited financial product offers, ensuring they have control over their purchases.   Want to know more about exemptions and compliance? Our latest article from Kathryn Ginns has you covered: https://lnkd.in/ebH_2zSt   P.S. Have you registered for our upcoming webinar? In this session, we unpack the essential principles, regulatory frameworks, and practical tips for maintaining compliance with ease. Find out more and register here: https://lnkd.in/eZV9TNph

Many dealerships fail to consider the impact of cancellation fees on their reinsurance programs, often resulting in significant financial losses. Cancellation fees are charges imposed when a customer cancels their service contracts before the expiration date. To avoid such losses, car dealerships must pay close attention to the cancellation fees associated with their reinsurance programs. This means carefully analyzing all fees and developing strategies to maximize program profitability. #automotiveindustry #reinsurance #dowc #cfc #carbusiness

Do you know all your fees? Here is one that is often overlooked. #autodealership #automotiveindustry #reinsurance #wealthmanagement #cardealership

Insure Your Commercial Vehicle Without Breaking the Bank: Secrets Insurance Companies Don't Want You to Know! Financing your commercial vehicle? 🚚 Your financier may offer costly insurance. We offer options to save you money 💰. Responsible for payments, cancel anytime without affecting credit. Beware of fees. A poor record increases costs. Choose wisely! #CommercialInsurance #SaveSmart

I've been following #ATRI's latest report on operational costs, and it's quite alarming to see the trends continuing into 2024. The maintenance and repair costs, while only showing a modest increase of 2%, remain a significant concern for our industry. Maintaining operational efficiency with these rising costs is becoming increasingly challenging. It’s clear we need to strategize effectively to handle these ongoing expenses and ensure sustainability. For anyone interested in the detailed report, you can download it here: https://lnkd.in/g-TS8wt9 #TruckingResearch #TruckingCosts #MaintenanceIssues