WHAT WE DO

We tell you when your customer's existing F&I contracts have been sold or totaled. This allows your administator to earn out the premium regardless if the customer notifies you or not.

Our program brings increased value if your portfolio consists of non cancelable products like; Paint and Fabric, Lifetime Engine or Battery4Life contracts

Data

You simply send us an excel file or CSV containing two columns. The date the contract was sold and the vin. We will then bounce that information off our database to tell you if the car has been sold or totaled. We will only show you responses after 90 days from the date on the spreadsheet you send.

Reinsurance advantage

Stay informed when a customer's vehicle is reported as sold or as a total loss. By knowing this data, regardless if the customer informs you, your reinsurance position can fully earn the contract. This helps your loss ratios and earn out premiums faster.

Simple pricing

Our pricing is $499 upfront and .75 cents for a response back per vin. No monthly or annual agreements needed. Use us as needed

SETUP FEE

$ 499
  • Fee associated with the setup. This is charged per data requested regardless of the volume of data needed

PER VIN RESPONSE WITH DATA

$ 0.75
  • Any response we receive from the date sent will be charged .75 cents per vin. We only charge if the date is 90+ days from the date you sent from the spreadsheet.

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.