"Online solutions for the Motor Industry"
YourCarMotorInsurance
Motor insurance has traditionally not formed a staple of the Dealers F&I offering. This usually been because of the high level of effort that needs to be put into obtaining a relatively small commission or return for the sale. In recent years the regulation of general insurance has also meant that the sale of insurance products has become even more of an issue for certain Dealers.
The result of a collaboration between Codeweavers and Lloyd Latchford Schemes, YourCarMotorInsurance offers you the opportunity to provide your customers with a unique value added service designed to keep people on your site and provide you with incremental revenue.
It works by either integrating into your web stock or acting as a stand alone offering. Genuine and extremely competitive quotations, fixed for up to three years, can be presented against every vehicle in stock following the completion of a shortened question set by the customer.
The main features and benefits of YourCarMotorInsurance are as follows:
Benefits
Uniquely fixed cover for up to three years
In an age where very few cost guarantees are given, customers can budget for their motor insurance for a three year period if desired.
Free protected bonus for the life of the contract
Even with one fault accident, the rates will not increase during the three year period.
Fast Quotation System
Real quotations (not just indicative quotes) provided in around 40 seconds.
Business Use automatically covered
Extremely relevant for the cash for cars customer.
Full No Claims Discount provided in the quoted rates
Handy for those drivers that do not have full no claims bonus (69% of the UK public fall into this category).
Integrated and standalone versions available
The integrated version allows for quotations to be displayed next to every vehicle in stock after answering just one shortened question set. The standalone version allows you to offer the insurance facility to your entire customer database – even the ones that are not thinking of changing their car immediately. Both versions are capable of being branded with your corporate identity.
No FSA resource ramifications
As your web site is only acting as an Introducer for the product, and the fulfilment of the purchase takes place on the Lloyd Latchford site, there is no need to be FSA registered to take advantage of YourCarMotorInsurance.
Drive bodyshop and repair work back to your Dealership
YourCarMotorInsurance ensures that any notification of accident or loss by the insured is referred straight back to the Dealer that facilitated the policy purchase, thus providing incremental work and profitability for your business.
Commission paid to you for every policy purchased
You will be provided with a web based administration tool to track the insurance activity on your site, including the numbers of policies purchased during the month and the number of quotations requested. Commissions are paid for simply having the facility on your site – no printing, quoting or chasing up customers is required!
To find out more about how easy it is to integrate into YourCarMotorInsurance, or to ask us a question, please click here