Modives’ Post

Complete the journey of purchasing a new vehicle by adding a insura-tech solution that not only quotes but adds educational value. Woop Insurance

If your customer is leasing or financing a car, the last thing you want is for the borrower’s insurance to lapse. Luckily, with recent developments in auto insurance monitoring tech, you can keep an eye on your customers’ coverage to make sure your assets stay protected. Learn more about it here: https://hubs.ly/Q02NTSWY0 #insuretech #autosales #insuranceverification #monitoring #riskmitigation

Do You Trust Your Buyer? If a dealership has a customer walk in with their own credit report, would they just use that to get them qualified? Not withstanding the fact lenders would never let that happen let's say the dealer was doing their own financing. If not, then why in the world would you trust that the insurance card and drivers license are accurate and are real? I mean, they probably are, but so is that credit report they just walked in with. The problem is that more and more they are not. It might just be that the insurance has lapsed or they gave you an old license but it also might mean they are trying to take the car under a fake ID and stick the dealership with a major loss. It is important to protect against this happening but not make it clunky. Making the consumer log into their insurance portal to validate their insurance is a clear deal road block. Handling their drivers license is a real compliance and internal fraud threat. How about a process where the customer just takes pictures of their own documents on their own phone in under 60 seconds? That is the Gather process that validates both insurance and identity plus transfers the insurance to the vehicle being purchased. This is certainly a better way to handle this vs. the current process prevalent in dealerships. Way more consumer friendly and way better for the dealership. What are you waiting for? Email ken@gather.technology to learn more. #easyprocess #insuranceverification #identityverification #insurancetransfer #automotive #dealerships

What You Should Know About Gap Insurance and Your Auto Loan

Securing financing for a new vehicle can be an exciting milestone, but it comes with important responsibilities. One crucial aspect often overlooked is the requirement for comprehensive car insurance, a stipulation enforced by banks to safeguard their interests. Read all you need to know in this short but important article 👉 https://bit.ly/3I2B2LI

What is #GAPInsurance and how does it work? Guaranteed asset protection #Insurance (otherwise known as "gap insurance") is a type of #CarInsurance that protects you if the value of your #Vehicle is less than the balance of your #AutoLoan. With this coverage, if your #Car is totaled or stolen, you won't be stuck paying a #CarLoan for a vehicle no longer in your possession.

Here is how Insurance Companies detect fraudulent car claims. . . . SHARE this video with friends and family SAVE for future reference FOLLOW us for more such informative content . . . . . . Car Insurance | Frauds| Insurance | Claim | Database| . . . . . #insurance #carinsurance #passenger #fraud #claim #finance #fintech #financialispeaking #reels #linkedin #learning #linkedincreator #video

🚗Would you stick with a car insurance company just because you’ve always used them, even if it is not providing you with the coverage you need ❓  No……..... So why do this with your company's due diligence?   Making sure that the provider that you use can keep up with your company's needs and development is vital to eliminating risk.   Here’s a List of a few products over 80,000 Businesses, in the UK, are currently Utilizing from Creditsafe: ·      Business to Business scores and credit limit recommendations ·      Company Monitoring (email alerts of any negative information on customers/suppliers) ·      AML/KYC Checks. (anti money laundering) ·      LIVE CCJ INFORMATION ·      Consumer Reports. (personal credit check) ·      Debt recovery (no win no fee) ·      Debt letters. ·      3D Ledger tool to help prioritize cash collection. ·      Marketing data ·      API Integration ·      Data cleaning ·      Electronic ‘right to work’ checks ·      Customer credit card, loan, and overdraft repayment data   We've built the world's largest owned database of more than 430 million business reports across 200 countries 🌍, and we can predict almost 70% of all insolvencies up to 12 months in advance.   We are an all-in-one business solution with everything at your fingertips ☝, aiming to make your work life easier and safer.   So next time your due to renew your credit checking contact take a little shopping trip over to Creditsafe and let’s talk about what we can do for your business. 🛒 Charlotte.Sterio@Creditsafeuk.com - 0️⃣ 2️⃣ 0️⃣ 4️⃣ 5️⃣ 1️⃣ 1️⃣ 0️⃣ 1️⃣ 6️⃣ 7️⃣

You can't avoid unfortunate things but sure can reduce the casualties. The most common question our customers ask us is, "What if our EV got stolen or met with an accident during the leasing period." To which we answered a simple process about how the insurance works and what step one must take in such conditions. As it's one of our most common questions, it deserves a dedicated blog post. Read on to learn how to tackle such conditions. Article: [https://lnkd.in/gJy62Wf3]

Informative article on commercial auto challenges and risk matters. While a driver shortage is apparent, that means many will be forced to hire drivers with less than stellar records. Understanding what proactive measures you must take to mitigate risk, while avoiding underwriting rate jumps is key to staying profitable. Getting the proper advice makes a large impact. #insurance #transportation #cfo