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DealerPolicy (Burlington, Vt.) today announced that Herb Chambers (Sudbury, Mass.), the fourth largest privately-owned automobile dealer in the U.S., with annual sales over $2.7 billion, has selected DealerPolicy as its auto insurance solution provider.
DealerPolicy’s technology platform allows car buyers to instantly review competitive auto insurance quotes from DealerPolicy Insurance Agency and speak with a licensed insurance agent while at the car dealership. Customers can receive coverage advice from licensed agents and have their policy documents sent to them within minutes, according to a DealerPolicy statement.
“We’re thrilled that The Herb Chambers Companies has chosen us to partner with, and to share our platform with their customers,” comments Ryan Fitzgerald, V.P. of Business Development, DealerPolicy. “Car buyers who use our Marketplace platform and go on to purchase insurance through DealerPolicy Insurance Agency see an average of $60 a month in savings on their insurance.”
DealerPolicy also offers Digital Dealer Agency, an enterprise program. Dealerships in this program can work with an affiliated licensed insurance agency and these agencies are then able to benefit from recurring insurance commissions, the vendor relates.
One-Stop Shopping Experience
“DealerPolicy was attractive to Herb Chambers for three main reasons, according to Alan McLaren, the company’s CEO. “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,” he says. “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.”