The following is an excerpt
from a package that I sent out to over 300 Car
Dealerships in December 2006
Timothy C. Warner
Warner Insurance, LLC
6501 Paradise Blvd NW Ste. H
Albuquerque NM 87114
505-710-2954
warnerins@netzero.net
12/15/2006
Dear ++++++,
I appreciate your time on the phone today and your
interest in Carousel Insurance “Spot Delivery
Insurance Program“. As per our discussion, I am
sending this letter to give you a better
understanding of how Carousel may assist you and
your car sales. Please review the following and
visit the website links for more information
www.autowebapp.com or
www.insuracar.com .
As a successful representative in Albuquerque, I
have built several agencies catering to the local
car dealerships and understand the importance that
insurance plays in your closing process. I have been
recently introduced to Carousel Insurance, a
California based company, and found them to be very
progressive in their niche market for dealership
business. Approved by the State of New Mexico,
Carousel can allow a car dealership representative
to bind full coverage auto insurance for their
customers over Carousel’s website and print I.D.
cards instantly.
The process is actually very simple and inclusive.
Here is how it works:
Dealership needs to insure customer to sell vehicle
Authorized dealership representative logs on to
website and answers customer information, vehicle
information and selects appropriate coverage option.
Website generates a declaration page “binder” and
I.D. cards that are printed right from your
computer.
Customer is insured!!!
Does this really work? YES!! There is currently a
dealership in the Santa Fe area that has used the
website over 65 times and is reported to be thrilled
by the simplicity and convenience.
The best part is that there is absolutely no costs
or fees to access the website and you have the
ability to use this innovative tool as many times as
you need or not at all.
Over 90 dealerships in the state of New Mexico have
already received their log in and password for the
website and more are requesting a visit from me to
gain access. If you have any questions or would like
to get your free codes over the phone, please let me
know.
Respectfully,
Timothy C. Warner
President
What is "spot delivery" insurance coverage??
State regulations and the conditional sales contract
(see the clause entitled INSURANCE) provides that
when a customer does not have proof of insurance at
the time of sale the automobile-dealer can order
insurance to protect their "security interest" and
contingent liability in the vehicles they
sell/lease. The Program is designed exclusively for
auto dealers and there is no requirement for the
dealer to have an insurance license since the dealer
is ordering insurance coverage to protect their
security interest and contingent liability in the
vehicles they sell or lease. The minimum coverage
limits offered in any approved state will meet the
state mandated financial responsibility insurance
coverage requirements.
Who provides the coverage??
The insurance coverage is provided by an insurer
rated A+ by the A.M. Best Company and is accepted by
all lenders.
How do I order coverage??
Dealers using Carousel in select states can now
instantaneously order spot delivery insurance
coverage either under www.autowebapp.com or if the
proper software is installed the coverage can be
ordered with as little as 4 clicks of a mouse. There
are no forms to complete, sign or fax. Here are some
of the benefits by using the Carousel Spot Delivery
Insurance Program
Dealers can order and receive insurance coverage
confirmation in less than 30 seconds using Carousel.
All drivers are accepted. There is no danger of
rejection nor is there any concern about the
customers driving record, age, gender, license
status or any other unnamed drivers in the
household!
TOTAL DEALER CONTROL! No outside
agent to call when the customer cannot provide proof
of insurance at the time of sale! Program allows a
dealer to safely deliver vehicles at any time 24/7!
The guaranteed issue coverage is bound immediately
by ordering coverage via the internet at
www.autowebapp.com
The Dealer is issued an annual policy but can order
just the amount of insurance coverage necessary to
get funded, usually between 10 and 30 days, which
protects their gross. Dealers can cancel the
coverage pro-rata if the customer provides proof of
alternative coverage. Dealers will be electronically
notified with an insurance hot sheet 48 hours prior
to the expiration of any policy. If needed, Dealers
can order additional days of coverage via an 800
phone line 24/7.
As the named insured the dealer will be billed for
the coverage ordered. This enables the dealer to
timely cash their finance contracts by providing the
lender with proof of coverage without delay! Each
customer will be offered the opportunity to continue
the coverage at the same coverage limits.
Please contact us at www.insuracar.com or call (800)
452-7743 x224 to get further information or to check
if your state is approved for this Program.
PAYMENT FOR COVERAGE ORDERED
The dealer will be billed for the coverage ordered.
Payments for multiple customers can be combined on a
single dealer check and mailed to Carousel within 5
days. All checks must be made payable to either
ANPAC or Carousel Insurance Services. The dealer's
business office personnel can review the current
receivables list by logging onto the dealer's site
at www.autowebapp.com. The business office would use
the Dealer Login 1.0. and Password and then go the
Reports Menu, Click on Receivables Report.
A dealer can substitute or replace the vehicle
originally reported to Carousel at any time during
the coverage period by sending in the new sales
contract with the substitute vehicle description.
The substitute or replacement vehicle must be valued
below the maximum coverage limit per state or
calling 1-800-452-7743 ext. 221
CANCELLATIONS AND UNWINDS
Vehicles not delivered
In order to receive a flat cancellation and credit
of the premium amount due the dealership must submit
the following items within the initial coverage term
selected by the dealer.
Carousel Cancellation Request Form.
A completed Statement of Facts, or written notice as
applicable per the state law and signed by the
dealership, that the vehicle was never delivered,
did not leave the dealership and the "deal" is an
unwind.
Delivered vehicles
The coverage ordered will be canceled and the
dealership will pay the agreed daily premium rate
and administrative fee agreed from the date the
coverage was ordered and the date the cancellation
became effective.
In order to receive a flat cancellation credit on
duplicate insurance coverage the dealership MUST
provide proof that other insurance was in force at
the time of delivery.
If the Customer cancels the coverage during the
coverage period evidence of other insurance must be
provided to Carousel. The dealership will be
responsible for the fees billed for the period of
time the coverage was in force. The unearned portion
of any premium fees collected will be refunded to
the dealer.
1. Go to www.autowebapp.com and do the following:
A. Select Dealer and then type in your dealer login
1.0. number:
DEALER PROCEDURES FOR ORDERING INSURANCE
COVERAGE
1. Go to www.autowebapp.com and do the following:
A. Select Dealer and then type in your dealer login
1.0. number:
B. Type in your password.
The dealer will then be prompted to complete those
items required to order coverage. When completed the
dealer can print off both the Confirmation of
Coverage and the customer's 1.0. card. The
Confirmation of Coverage will also be automatically
sent to the dealer at their designated fax number or
e-mail address. If the dealer orders coverage at
www.autowebapp.com the Confirmation of Coverage will
be automatically sent back to the designated fax
number or e-mail address 24 hours a day - 7 days a
week.
If autowebapp or the internet is not accessible the
coverage can still be ordered by completing a
Carousel Enrollment Form and faxing the completed
document to 800-858 2145. Please Note: Coverage
will become effective at the time and date the
Enrollment Form is faxed. If a dealer orders
coverage by fax the Confirmation of Coverage will be
sent to the dealer during normal business hours. If
ordering coverage by fax please be sure to include
the (a.) Date of Sale; (b.) Selling Price (including
tax & license); (c.) Number of days of coverage
requested; and (d.) all the required customer and
vehicle information.
Dealers can also call (800) 452-7743 and speak to a
customer service representative during business
hours Monday thru Friday (8:00 a.m. to 5 p.m. -
Pacific Coast Time).
VEHICLES NOT ELIGIBLE FOR COVERAGE:
Vehicles in excess the coverage limit
Motorcycles
Commercial vehicles or class A or C motor homes
Any pick-up or van in excess of 1 ton
Salvaged Title Vehicles
Vehicles for hire or vehicles not found in current
new/used car value guides.
NOTE: Coverage is only bound as follows:
When ordered via the internet and issuance of the
Confirmation Number. If by fax then at the date and
time of the faxed Enrollment Form. If the coverage
is not cancelled during the coverage period selected
by the dealer then the insurance fees for the number
of coverage days are due and payable.
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