Insurance verification's

Who handles insurance verification's in your dealership and why?

F&I Manager - they're responsible for getting deals funded, so it makes sense to have them do it

@Sunny, I agree.. do most dealerships have F&I do them from what you've seen?

Yes, in my experience it's always been the F&I Manager who handles insurance verification, trade payoff, collecting stips... basically anything to do with getting lender approval and a funded deal.

How is it handled at your store?

Sales handles everything expect dealing with stips... although sometimes we get asked to handle that as well. We do all insurance verification's and trade payoff's. 

Tim Nester

At our store, it is the sales persons responsibility to verify insurance with customer prior to delivery. In rae cases the next business day. It is effective with accountability and monitoring.

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