Used Car Industry Participation Missed Opportunity
Deric Kalamitsiotis
Dealers Resource Center has a niche for our product, which is in pre-owned vehicles greater than 60,000 mile. We specialize in that where we can take exclusionary up to 216,000 miles. What typical dealers don’t realize is that you’re missing opportunity on your preowned cars with your current providers, and you can add this product as a secondary product and you can still participate in its underwriting profits through a retro. We do advanced dividends where we’ll advance money based on your volume and loss ratio. And we can even do your traditional reinsurance plans as a separate reinsurance company so you’re able to block or protect your primary company on those vehicles less than 75,000 or 100,000 miles.