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Posted on: October 10, 2019 Press Release

DealerPolicy Expands into Florida and Illinois

The first all-inclusive auto insurance solution for dealers is now serving Florida and Illinois

COLCHESTER, Vermont, October 10, 2019, -- DealerPolicy Inc., the insurance solution partner for car dealers, announced its expansion into two states this month. Founded in Colchester, Vermont, DealerPolicy is experiencing tremendous growth fueled by dealer demand. The company currently serves over 400 dealers, including several of the country’s largest dealership groups.

DealerPolicy helps automotive retailers increase their profits while also dramatically improving the overall car buying experience for their customers. The DealerPolicy platform allows customers to purchase auto insurance while at the dealership. Its platform uses data and technology to provide car buyers with instant access to competing insurance quotes from over a dozen insurance carriers. Then customers immediately connect to DealerPolicy Insurance Agency’s licensed agents to bind their chosen policy and immediately receive ID cards and documents electronically.

Car buyers benefit from thousands more in purchasing power during the buying process, which they can put towards the purchase of their new car and F&I products. To date, the company has helped automotive retailers generate over $10 million in additional buying power for their customers.  In addition, dealers with a licensed sub-producer entity can benefit from new recurring income through the company’s Digital Dealer Agency program. 

“Florida and Illinois dealers and customers have urged us to bring automotive retail’s first all-inclusive insurance platform to their state.  We’re thrilled to fulfill their request,” says Mike Burgiss, President of Dealer Solutions at DealerPolicy.  Referencing the recently released DealerPolicy Car Buyer study, he said: “We know that customers want to get everything done at the dealership, including purchasing their auto insurance. The demand for our platform shows that dealerships understand their customers’ needs.” Download the study at https://www.dealerpolicy.com/2019-car-buyer-study 

 

About DealerPolicy

DealerPolicy is the most trusted and complete insurance marketplace for automotive retailers and their valued customers. With its seamless integration into the car buying process, the company’s innovative solution enables car-buying customers the opportunity to purchase insurance by connecting them with licensed insurance agents while at the dealership or after they arrive home with their new car.  The company delivers these benefits through an industry-first combination of partnerships with car dealers, a growing insurance carrier network, and access to licensed agents.  DealerPolicy is currently operating in 13 states with plans to operate nationwide by 2020.  For more information, visit www.dealerpolicy.com.

 

Contact:

Katie Morrow

802-316-4774

kmorrow@dealerpolicy.com

 

Topic(s): Newsroom

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