Managing insurance for your buy-here, pay-here (BHPH) dealership’s portfolio is no small feat. Ensuring every vehicle is adequately insured, policies are up-to-date, and customer coverage is maintained can be daunting and time-consuming. This aspect of your business requires constant attention; any oversight can lead to significant financial risk. That’s where ACS comes in. Our Insurance Management services are designed to take the burden off your shoulders, providing you with a sense of relief and peace of mind. We handle every aspect of insurance tracking and maintenance, ensuring that your dealership stays protected and your portfolio remains secure.

In the BHPH industry, keeping track of insurance is a never-ending process. Each account in your portfolio must have current and valid insurance, whether through an external provider or collateral protection insurance (CPI). For many dealerships, manually verifying insurance on each vehicle and tracking down customers for updated proof of coverage is an overwhelming task that takes up valuable time and resources.

At ACS, we understand the complexities of managing insurance in the BHPH world, so we offer a comprehensive solution that ensures compliance and saves you valuable time. Our service allows you to focus on other aspects of your business, knowing that every account is adequately monitored and compliant. Our team handles everything from initial insurance coverage verification to ongoing monitoring and updates. Whether your customers are insured through an outside insurance company or require CPI, we manage the entire process.

This comprehensive approach ensures that every vehicle in your portfolio has the appropriate coverage, giving you a sense of security and peace of mind. Maintaining up-to-date records and continuously monitoring insurance statuses, we help minimize the risks associated with uninsured vehicles, providing you with a strong safety net. Regarding outside insurance providers, we work directly with your customers and insurance companies to confirm coverage and ensure that the policies meet your dealership’s requirements. If there’s a lapse in coverage, we proactively contact the customer to resolve the issue before it becomes a problem. Our team is dedicated to ensuring that no vehicle in your portfolio goes uninsured, reducing the risk of financial losses in the event of an accident or damage. We also keep you informed with regular updates so you always know the status of your portfolio’s insurance coverage without chasing down details yourself.

ACS can also manage the entire CPI process for dealerships that offer collateral protection insurance (CPI). CPI provides your dealership with an extra layer of security by automatically covering vehicles when customers fail to maintain their insurance. Our team ensures that CPI policies are activated when necessary and that coverage is seamlessly transferred when customers regain their insurance. We take care of all the paperwork and administrative tasks involved, ensuring that your dealership always remains compliant and protected.

One of the key advantages of our insurance management services is that they free up your time and resources, allowing you to focus on growing your dealership and serving your customers. Rather than spending hours tracking down insurance information or dealing with paperwork, you can trust ACS to handle the entire process efficiently and professionally. Our services are comprehensive and cost-effective, providing peace of mind, knowing that your portfolio is fully insured and your dealership is protected from unnecessary risk.

By using ACS, you can streamline your insurance tracking and maintenance processes, reduce financial risk, and free up time and resources. At ACS, we understand that insurance management is critical to running a successful BHPH dealership. By offering a comprehensive, hands-off solution, we help ensure that your portfolio stays protected and that your customers comply with their insurance obligations.

Our team, with years of experience in the industry, is well-versed in working with external insurance providers and CPI policies, allowing us to tailor our services to meet your dealership's unique needs. You can trust our team to handle your insurance management needs with the highest expertise and professionalism.

Let ACS take the hassle out of insurance management. Whether verifying coverage, managing CPI, or ensuring every vehicle in your portfolio is protected, we’ve got you covered. With our expertise and dedicated service, you can rest easy knowing that your dealership is in good hands and your insurance needs are managed with the highest care and attention. Contact us today to learn how ACS can benefit your BHPH dealership and take the first step toward a more efficient and secure insurance management process.