Powersports Reinsurance Solutions: Why Partner with Torque Group
Dealerships know that their business' bread and butter is their F&I department. Profits from the F&I department of a successful dealership are higher per square foot than any other department, according to preferred Powersports reinsurance solutions partner, Torque Group. If one were to truly peruse the books of a successful dealership, you will find that profits from F&I products come at first, parts and services, second; and vehicle sales, third.
Now, if you want to boost your F&I products and services, offer better customer support service to your loyal clientele, and increase your bottom line, then a reinsurance company could be the best deal yet for your dealership.
What is reinsurance?
Briefly, reinsurance allows you to take full control of your F&I solutions. This means you get to decide the products that you will offer each customer. And you get to decide the parameters for claims approval or rejection. This immediately gives you more power over your F&I department as you no longer need the approval of a third-party provider for F&I packages, claims, and reimbursements.
Premiums are paid directly to you, and you get to keep the underwriting profits, too. In a word, with your own reinsurance company, you can offer better F&I packages, improve customer service, increase customer satisfaction, and improve your bottom line at the same time.
Choose Torque Group's Powersports reinsurance solutions
Torque Group is a leading provider of F&I products in the United States with 20+ years of F&I innovation. Their goal is to provide dealerships with top-of-the-line F&I solutions tailored to each dealer's needs according to their customer base and ultimately increase the dealer's bottom line.
If you're looking to establish your own reinsurance company, who better to partner with than someone who knows the industry inside-out, who has years of experience under their belt with a high satisfaction rating to boot, and who has successfully adapted and evolved with the changing times? The partner you're looking for is Torque Group.
Torque Group will be with you every step of the way, from packaging F&I solutions to fit your customers' needs to training your F&I team to get them ready for the transition, helping you launch and manage the reinsurance company, to performance tracking, and more.
When considering a Powersports reinsurance solutions partner, be sure to choose someone who will not leave as soon as the ink has dried. You'd want someone who will guide and support you until you're confident enough to manage the reinsurance company on your own.
Ready to offer the best F&I service to your customers? Call Torque Group at (800) 859-0590 to discuss reinsurance programs tailored to your dealership's financial goals and customer base.
