Service Contract Reimbursement Policy For a Car Dealership or Provider / Administrator
Offered by Personal Safeguards Group, LLC
Contractual Liability Powersports Auto Service Contract Reimbursement Auto Dealers Vehicle Service ContractsDescription
It is often difficult to obtain an insurance policy for state level or lender compliance for a Service Contract Provider (Dealer or Administrator). Car Dealers have options on how to structure an in-house program including a Dealer Obligor (DO) and Dealer Owned Warranty Company (DOWC).
These programs have multiple structures and can be set up as reinsured business, reserves in a trust account or where no reserve exists and the Dealer is able to utilize the funds.
If you are helping a client address state level financial guarantee requirements or lender requirements contact Mike Frosch for help sourcing a solution. Most specialty carriers have very limited knowledge of the requirements of a Service Contract provider or simply do not write what your client needs to be complaint. Mike Frosch works with multiple providers in this space to address your client's objectives.
http://servicecontractreimbursementinsurance.com/
Listing Contact
Michael Frosch President
Offered By
Availability 44 states
Covered
Not Covered
