Do you have tons of questions about used car dealer insurance? How would you like to get those questions personally explained to you by a 20-year dealer insurance expert in plain English?
Such complex subject matter takes at least a decade to fully understand with the proper training. Nearly every insurance agent or broker on this planet that sells used car dealer insurance has never worked for an insurance carrier.
Mike Ramos is now the founder of Your Car Dealer Bond LLC but prior to forming this family-owned company, Mr. Ramos spent 20 years working through the ranks of a marquee insurance carrier. With specific training and expertise of this level, it just seemed like a travesty to not share that with great auto dealers across America.
This makes a huge difference from the perspective of the breadth and depth in which a person understands your exposure and how to insure that risk. Agents and brokers without extensive carrier-level experience also don't understand how the claims and legal team will react to the insurance contract that is in place.
Don't let yourself be disadvantaged another minute against insurance agents and brokers that just want to take your money by using fancy insurance language. Hold this persona accountable to help you better-understand your insurance contract. Further they need to help you shift, reduce, combine, and protect the risks associated with your used car dealer business.
Do you understand co-insurance penalties? Mike Ramos also discusses how insurance companies get you to be honest by limiting your potential claims payouts through co-insurance.
Mike also discusses vehicle history and defects and how that affects your dealership. Then we wrap up with a simple way to understand liability insurance and how that affects retail car dealers.
Here's a great free resource for those of you that still have questions about used car dealer insurance…
https://www.cal-surety.com/dealer-insurance-buyers-guide/
Here's the California Used Car Dealer Bond Buyer's Guide that I developed last year with your questions in mind…
https://cardealerbondnow.com/
Do you need a dealer bond: https://www.cal-surety.com/auto-dealer-bond/
Are you struggling to put the pieces together to get your dealer license or is the business struggling to make a profit? Email Mike Ramos directly at [email protected] right now. He's helped hundreds of used car dealers just like you over the past 2 decades but he can only help you if you reach out to him.
Don't forget to connect to Your Car Dealer Bond on Instagram at https://ycdb.us/Instagram
Here's how to find Your Car Dealer Bond on YouTube:
https://ycdb.us/YouTube
Follow Your Car Dealer Bond on Facebook:
https://www.facebook.com/pages/Your-Car-Dealer-Bond/395072210503844
Connect with Mike Ramos on LinkedIn:
www.linkedin.com/in/mike-ramos-ycdb
Here is a quick list of some of season 1 episodes of the Your Car Dealer Podcast brought to you by Mike Ramos and the team at Your Car Dealer Bond:
- Episode 1: SWOT Analysis and Think BIG (Guide to Increasing Dealer ROI). This is our most popular podcast as of September 18, 2018.
- Episode 2: Increase Sales and Dealer ROI (80/20 & the Rule of 300).
- Episode 3: Is Your Car Dealer Business Struggling or Selling fewer Cars than in previous years (2018 Edition)?
- Episode 4: Used Car Dealer Insurance (NEW Buyers Guide Info!)
- Episode 5: Fighting those BIG Corporations as a Small Used Car Dealer.
- Episode 6: Tough love for Used Car Dealers (retailers, wholesalers, & auto brokers).