DEALERS are you looking for a way to sell more service contracts?
Money back guarantee is a valuable sales tool for the F & I department. These programs have helped dealerships increase service contract penetration by 20 - 35% for more than 17 years.
Last year was tough for the money back guarantee industry. One large reimbursement company even had to stop their program due to no fault of their own, but because of misuse of funds by the insurance carrier.
National Dealers Association is Proud to offer the most secured refund program ever!
1. This program is backed by Lexon Insurance Company (A- Excellent) AM Best rating and reinsured by Bond Safeguard Insurance Company (A- Excellent) AM Best rating.
2. Dealers build reserve funds that are held in a segregated account with a non affiliated banking institute.
3. Dealers will receive an independent quarterly statement showing the balance held in the dealer reserve fund.
4. The insurance companies protect the dealer reserve funds plus provide an additional $10 million dollars of coverage above the dealer reserves.
These are just some of the safeguards that have been put in place to make the National Dealer Association Refund Agreement the most secured service contract refund program available today.
For further information on this great program call our corporate office at 1-800-778-6272.