Lenders

Lenders

• Minimum Premium: $500,000, does not apply NEW programs with the potential to reach $500,000


• Desire for multi-product producers with segment knowledge and regulatory proficiency in the F&I space.


• Strong appetite for mature programs and moderate for start-up programs requiring design, innovation and underwriting services.


• Lines of coverage offered:
  • Excess Wear and Tear/Use (EWT)
  • Guaranteed Asset Protection (GAP)
  • Down Payment Protection (DPP)
  • Replacement Cost Insurance (RCI)
  • Warranty Products & Vehicle Service Contracts (VSC)
  • Appearance/Cosmetic Products (APP)


• Industry Classes considered (Non-Exhaustive):
  • Original Equipment Manufacturers (OEM)
  • Lenders/Banks/Lessors
  • Dealer Groups
  • Automotive/Light Truck
  • Power Sport
  • Marine
  • Small Recreational Vehicle

SERVICE COMMITMENT (Lenders):

• 48 hour timeline for response to submission.