Bill Murphy
Proud Sponsor of HIADA and TIADA
Platinum Sponsor of HIADA
As a BHPH Dealer, You can’t afford not to know this!
Auto Insurance costs continue to rise
There is an ANSWER!
2016 was not a good year for Auto Insurance Companies. The Insurance Journal reported the following, “State Farm said it lost $7billion on its Auto Insurance underwriting in 2016.” State Farm is not alone, “GEICO, Travelers, Allstate, The Hartford and other auto insurers all reported losses in 2016, and are looking for ways to counter rising Auto Insurance costs.
What does this mean for the BHPH Dealer and Customer? It means that the already rising Auto Insurance costs we have experienced over the past two years are expected to be even higher in 2017.
You can bet that we will see the insurance companies trying to solve their rising costs by raising premium costs and reducing coverage’s, that both the Lienholder and their clients so desperately need!
Some of the most successful BHPH Dealers in Texas have already found the answer to uncontrollable auto insurance costs, and customers who don’t keep insurance, the answer is a “Custom Collateral Protection Insurance Program.” Not just any program but a Custom Program specifically designed for your dealership. No two Dealers are alike and the same holds true for a Custom CPI Program, We are the people who invented the product for the BHPH dealer and have been offering this program for over 20 years to the BHPH Dealer. Call Bill Murphy, CP Insurance Associates, (512-799-2886) (Bill also serves on the HIADA Board and CP Insurance Associates is a Business Partner of TIADA)