DealerPolicy, an insurance solution for car dealers, has partnered with automotive group Herb Chambers to offers insurance quotes.
Herb Chambers clients will be able to use the DealerPolicy platform to review competitive auto insurance quotes and speak with a licensed insurance agent while still at the dealership. Users can receive insurance advice and be sent the policy documents within minutes.
The InsurTech uses data analysis to give a consumer instant access to various insurance quotes from multiple carriers.
A recent study from DealerPolicy found that more than 80% of car buyers would like to get everything related to their car purchase, including insurance, while they are still at the dealership.
Herb Chambers CEO Alan McLaren said, “DealerPolicy was attractive to us for three main reasons. The first is that it offers real benefits for our customers and helps improve their in-store experience – we can now truly provide them with a one stop shopping experience.
“The second is that we believe the auto insurance savings generated by this program could increase affordability for additional protection products. Finally, the Digital Dealer Agency program will provide an additional income stream through our licensed agency.”
Earlier in the month, DealerPolicy expanded its operations into an additional two US state, increasing its presence to a total of 13 states.
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