Are you an agent interested in offering SideCars Reinsurance products to your dealers? Connect with us, and become a SideCars Partner!
With the IRS continuing to research whether 831(b) micro captives can truly be used outside the automotive/RV/powersports industry, our singular focus on auto & RV dealerships is extremely valuable.
There’s a better way to handle reinsurance monitoring and reporting, and SideCars is blazing the trail with SideKick, the exclusive online reinsurance platform for dealers.
SideCars offers a full suite of reinsured vehicle service contracts (VSC) and reinsured aftermarket products like GAP, Limited Warranties, Tire & Wheel, Key Replacement, Paintless Dent Removal, Paint & Fabric, and Theft Deterrent. Our reinsurance program gives dealers the maximum amount of control and ownership–and the result is the best possible F&I program possible for dealers. As a SideCars client, you fully participate in the back-end profits of all these products and gain a powerful profit-generating tool for your dealership.
The best news is that we can “mirror” your existing F&I program, so that it’s easy to switch to SideCars. Your employee pay plan can stay the same. Your customers get the same coverage (or better). The difference is that you’re able to earn tax-advantaged underwriting profits that are 100% your own.
We create customized rates for each of our dealers, with reserve amounts designed to minimize dealer exposure. Every one of our products is reinsured because it’s what is best for the dealer, as long as the reinsurance program is set up correctly. (When a GAP product provider tells you that it’s dangerous for you to reinsure your GAP program, do you really think that provider is losing money on all those policies you sell for them? Of course not—they’re essentially reinsuring those policies for their own benefit. Reinsured GAP can provide exactly the same customer coverage as stand-alone GAP.)
Dealers love us because we create wealth for them. Agents love us because we enable them to be heroes, while maintaining their profits. CPAs love us because we’re CPA-owned, and speak their language.
No matter what service contracts and ancillaries your dealership is currently providing, SideCars makes it easy to switch. Your customers will notice a difference–for the better, because now you’re in complete control of exactly the kind of coverage you want to provide. Every SideCars dealership has its own customized VSC rate chart, making it easier to flexibly compete and still manage for profitability.
What’s the secret sauce of SideCars? The fact that we love what we do, and our passion comes through in your favor. We’ve spent a lot of time creating the best possible F&I program for both dealers and agents, and we’re proud of it. Have more questions?