Who is IC’s ideal customer
An Auto dealer who owns a reinsurance position.
What % of customer’s sold can I expect to see when you get data back
The % will vary but the more of your portfolio is non cancelable or lifetime the higher the %. It is not uncommon to see 5-7% return
Why is it important to know if a customer sells or their vehicle was totaled?
By showing you the vehicle is no longer owned by the customer it then shows your administrator their is no longer risk of a claim. You can then earn out or expire the contract.
When are you response for .75 per vin charge?
We only charge if there is a return of information after 90 days from the purchase date you supply.
What information is needed to start a request?
We simply need an excel spreadsheet or CSV file with a date next to the associated vin.
How long does it take to get back results?
Our normal turn time is 3-5 business days
Breakdown of pricing
$499 is required upfront to initiate the request. If you send over 1000 contracts and we get back 100 dates sold/totaled you will be then charge $75 to see results.
What data do you send back
The date the vehicle sold, the miles on the vehicle, the dealership it sold from and/or the dealership’s site that it is/was being offered through.
How do you get this vehicle’s information?
We utilize our network of data and scrape the internet to determine if/when the vehicle is no longer owned by the customer you sold the contract too.