Ren'T'Own®, Lease'T'Own®, LHPH & BHPH Dealers
A Physical Damage Protection Program
DO YOU HAVE CUSTOMERS THAT WON'T COOPERATE WITH THE INSURANCE COMPANY ON A CLAIM?
HAVE YOU EVER HAD A CUSTOMER CASH A CLAIM CHECK AND NOT FIX THE CAR?
HAVE YOU INCURRED A LOSS DUE TO YOUR CUSTOMER'S INSURANCE LAPSING?
COVERAGE PLUS SOLVES THESE ISSUES AND MORE!
Lease and Purchase agreements typically require that the customer provides evidence of full coverage insurance (liability AND comp/collision coverage). In many cases, your customers will have a policy for only Liability coverage due to state laws but they're missing the comp/collision insurance. These are the perfect candidates for you to offer the Coverage Plus program!
Your customer can satisfy the comp & collision insurance requirement of the contract simply by you adding the vehicle to your existing Physical Damage Policy - a.k.a. Coverage Plus. Your vehicle is covered, the missing piece of the insurance requirement is satisfied, and your customer didn’t have to leave the dealership to get it done!
Your customer reimburses you for the cost of the coverage at the same time they make their vehicle payment.
BENEFITS TO YOUR CUSTOMERS
Coverage Plus satisfies a portion of the insurance requirement of the contract.
All Customers Qualify! No credit check and no driving record check!
Affordable Rates! In many cases, your customer can save between $25 - $400 annually!
Easy Payments! Coverage Plus is paid along with each vehicle payment.
Rates will not change in the event of an accident or traffic violation
All insurance claims are paid directly to YOU! There's no need to worry about the customer not cooperating with the insurance company or receiving the payment in error. YOU get to file the claim and YOU get paid by the insurance company for the damages.
YOU are in control of the coverage - not the customer!
EASY to add and delete covered vehicles - on-line tool available 24/7
There is no enrollment fee to participate this program!