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(Dec. 21, 2009) – Allstate Dealer Services (ADS) today launched the F&I Industry’s first customizable guaranteed asset protection (GAP) interactive tool. CarMor Build Your GAPSM will enable ADS’ independent agents to build GAP products that are customized to meet their auto dealers’ specific needs in three easy steps.
Build
· Obtain real time rates
· Identify high risk dealers instantly
Sell
· Select products
· Create estimates for comparison
· Add up to three over remits
· Re-quote as needed
Sign
· Print pre-populated dealer agreements and W-9
“We feel that this new interactive tool will provide better solutions for our independent agents and their dealers to build GAP products that meet their needs,” said ADS President Tony Wanderon. “It’s part of our larger focus of offering F&I solutions to our customers on their terms.”
CarMor Build Your GAPSM also has other features designed for the convenience of dealer-lenders such as side-by-side comparison of the 120% and 150% loan to value options and interactive pricing based on product options such as GAP Plus or Commercial use. In addition, the $1,000 Additional Loss Benefit Option is now available on the 120% MSRP program for franchised dealerships.
ADS is a leading provider of finance and insurance products and services marketed through independent agents and third party administrators to auto dealers, lenders, credit unions and manufacturers. Products provided by ADS include vehicle service contracts, guaranteed asset protection, roadside assistance, paintless dent repair, and credit life and disability insurance. They also provide training for finance and insurance managers that include beginner, advanced, and AFIP Certification.
For more information on the CarMor Build Your GAPSM interactive tool or to request an interview, contact Allstate Media Relations at (847) 402-5600.
CarMorSM is a marketing name for products underwritten or administered by Allstate Dealer Services. Allstate Dealer Services is a marketing name for Pablo Creek Services, Inc., ERJ Insurance Group, Inc. (d/b/a American Heritage insurance Services), the dealer services division of American Heritage Life Insurance Company (Home Office: Jacksonville, FL), Northbrook Indemnity Company (Home Office: Northbrook, IL), and First Colonial Insurance Company (Home Office: Jacksonville, FL). Each of these entities is part of the Allstate family of companies. allstate.com. ©2009 Allstate Insurance Company