#413 - Auto Dealer Reinsurance: How to Optimize What You Already Have

Most independent dealers already have a reinsurance company. The problem is knowing what to do after it’s set up.In this episode of The Independent Dealer Podcast, we go past the basics and into advanced reinsurance strategy for dealers who are already in the game. If you’ve been running reinsurance for years and still wonder whether you’re maximizing it, this conversation is for you.Bret from Buckeye joins us to break down how experienced dealers should be optimizing their reinsurance companies, from product performance and loss ratios to CPI penetration and cash management inside the reinsurance entityIn this episode, we cover:How to evaluate reinsurance performance using real loss ratiosWhich products dealers commonly underutilize (and why it matters)CPI penetration mistakes that limit profitabilityHow point-of-sale process impacts insurance enrollmentWhen and how to adjust premiums, coverage, and reservesWhat to do with excess reinsurance cash beyond letting it sitUsing reinsurance funds to eliminate high-interest debtHow reinsurance fits into dealership exit planning and buy-sell scenariosWhat happens to your reinsurance company if you sell or close your dealershipThis episode is ideal for:Buy Here Pay Here dealersIndependent retail dealersDealers with existing reinsurance programsOperators focused on cash flow, portfolio protection, and long-term planningIf you already have reinsurance and want to be smarter with it, this episode will help you see what’s working, what isn’t, and what to fix next.Support the businesses that support the podcastBuckeye Risk ServicesReinsurance, tax planning, and long-term wealth strategies built for independent dealers.BlytzPayBuy Here Pay Here payment processing with fast funding, text-to-pay, and real support.Tax MaxTax season systems that help dealers sell more in Q1 with same-day advances and customer-facing tax solutions.Ituran GPSGPS and payment technology for BHPH and retail dealerships focused on asset protection, recovery tools, and customer management.Follow & ConnectWebsite: www.theindependentdealer.comEmail: [email protected] Group: @independentautogroupLuke Godwin: @lukegodwinJeff Watson: /sendtojeffwLike, subscribe, and share with another dealer who needs a fresh perspective.