AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Protective Property & Casualty Insurance Company (Protective P&C) (St. Louis, MO). The outlook of these Credit Ratings (ratings) is stable. Read More
Protective commissioned an online survey of nearly 400 automotive dealership executives and found that the COVID-19 pandemic forced many dealers to quickly implement digital retailing options, resulting in a majority of respondents saying they’re now offering F&I product selection and pricing online as a result of the COVID-19 pandemic. Read More
In a recent survey of dealers around the country, Protective found that roughly half (49%) said F&I product sales translate well to the digital or online car shopping process for customers. To help dealers elevate their success selling F&I products to customers, Protective created the following training webinars and educational materials, which can be accessed here: Read More
Beginning with the second quarter interest payment, the production requirements in all Retro programs will be reduced twenty-five percent (25%). In addition, the year-end production requirement will also be reduced. This reduction will be applied... Read More
The Protective Asset Protecetion library of professional development training courses are now available to all dealership personnel and agents. This curriculum can be used to help industry professionals sharpen their skills during the COVID-19 pandemic and containment efforts. Read More
Protective Asset Protection, a provider of F&I programs and services announced new enhancements for its XtraRide RV Service Contract Program. These enhancements represent improvements that strengthen Protective’s service contract program for the RV industry, including updates to coverage, eligibility, rates, terms and program collateral. Read More
Moody’s believes “the COVID-19 recession is over,” automotive dealers of every size should be taking this time to review every aspect of their business to ensure maximum readiness for when the economy truly turns positive again. Read More
As more dealers incorporate F&I product options and education earlier in the process, the greater the chance to include F&I products in the final transaction through a less adversarial environment. Read More
F&I and reinsurance provider Protective Asset Protection announced the launch of Dealer Training Institute, an online curriculum program that offers training for a selection of today’s most popular F&I products to help dealers increase profit potential and customer satisfaction levels. Read More
RV Dealers Association recently announced that Protective Asset Protection is the Gold Partner for the 2019 RV Dealers Convention/Expo. Protective has been a foremost sponsor and consistent top-level supporter of the premier dealer education event for more than 20 years. The convention/expo will take place Nov. 11-15, 2019 at Caesars Palace on the Las Vegas strip and is sponsored by RVDA, RVDA of Canada, and the Mike Molino RV Learning Center. Read More