Who is GMAC Insurance?How long has GMAC Insurance been in business?How large is GMAC Insurance’s field staff?Who do I work with at GMAC Insurance?Tell me about GMAC Insurance and how secure I am doing business with them.How can GMAC Insurance help my dealership’s bottom line?How can I recover lost revenue from shrinking vehicle margins?Why do you have three Vehicle Service Plans?How do I sign up to sell vehicle service contracts?Who is GMAC Insurance?
GMAC Insurance has deep roots in the automotive industry. So we bring unmatched insight to the dealership business, and the ever evolving needs of our customers. Our history has been understanding dealers – and how to protect their biggest investment.
GMAC (General Motors Acceptance Corporation) was established in 1919 to provide GM dealers with the financing needs to maintain their vehicle inventories while also giving consumers the ability to purchase vehicles more easily and conveniently. From the day it first opened its doors, GMAC has focused on building dealership success.
In 1939 GMAC established its insurance companies, offering a wide range of quality insurance and insurance-related products and services. GMAC Insurance was a pioneer in the insurance industry, and our group of companies are now among the largest property and casualty insurers in the United States. We’re also among the nation’s largest providers of vehicle service and maintenance contracts and other F&I products.
When you combine the strength of our expanded dealership offerings, with the strength of GMAC Insurance, you’ll see we’re the right company for your dealership needs. No matter what brands you sell.
How long has GMAC Insurance been in business?
GMAC Insurance has been in business for nearly 70 years.
How large is GMAC Insurance’s field staff?
The customer-centric team approach has been in place since mid-2007 and is continuing to grow account executives throughout the country. There are 300 UWC independent agents located across 49 states, working in up to 70 agencies.
Who do I work with at GMAC Insurance?
At GMAC Insurance, we’re a team with a single goal in mind – to provide positive business solutions to any dealer. You have the option to work with any one of our seasoned professions; a GMAC account executive, GMAC Insurance representative, your GMAC Insurance dealership insurance specialist, or a UWC independent agent.
Tell me about GMAC Insurance and how secure I am doing business with them.
Many of the GMAC Insurance F&I Growth and Risk Management solutions are backed by the stability of the member insurance companies of GMAC Insurance. GMAC Insurance is dedicated to your total satisfaction and repeat business in F&I and P&C products. GMAC Insurance has been in the business of helping dealers enhance their dealerships’ bottom line for almost 70 years.
How can GMAC Insurance help my dealership’s bottom line?
We know that your business depends on products and services that represent a true value to both you and your customers. At GMAC Insurance, we offer a wide range of flexible products and services and value-price them accordingly. We also provide the assistance and support of our field network of professionals. A lot of companies make promises. With over 60 years in the business and $28 billion of capital behind us, we are committed to keeping ours – including our pledge to offer the best value in the business. Period.
How can I recover lost revenue from shrinking vehicle margins?
As vehicle margins continue to shrink, it’s important to find and recover that lost revenue from any and all sources. GMAC people are experts at helping your F&I department become a major revenue generator. We have real-world expertise in the areas of:
- Consultation, assessment and analysis
- Data evaluation and reporting, and training
- Implementation of strategies and programs
With our knowledge base and understanding of your goals to maximize profits, you can consider our people an extension of your management team.
Why do you have three Vehicle Service Plans?
To offer our dealers the power of choice, GMAC Insurance has three distinct plans designed to meet varied dealer needs. Our comprehensive Vehicle Service Plans include:
GM Protection Plan, designed specifically for GM Dealerships, OEM-support accepted at more than 7,200 GM dealerships nationwide, the only service contract approved to carry the GM name – excellent for long-term revenue growth opportunities.
Repair Advantage, a high-quality product for all dealerships, designed to offer an OEM-quality service contract for most makes and models, and superior product for maintaining long term customer relationships.
VehicleOne, a modular coverage supported by a network of UWC independent agents, serves both new and used requirements, modular flexibility with a wide range of coverage and price levels to meet varied customer needs, improved F&I revenue growth opportunities for dealer concerned with upfront revenue generation.
How do I sign up to sell vehicle service contracts?
If you’re interested in our robust suite of F&I Growth products please contact one of our local account representatives at GMAC Insurance. You can call Account Services at 877-357-8477 (option #6), or email gmaci.dps@gmacfs.com and we'll have a local GMAC Insurance account representative visit your dealership. We look forward to doing business with you and enhancing your dealership’s bottom line.