Add On Products

Insurance Agency Management System

American Bankers Tow and Rental Reimbursement Plan

Pricing

This program offers coverage per vehicle

Ų $30 per vehicle (Six Month Policy)

Ų $30 each additional vehicle

Agent Benefits

Ų Auto Insurance Financed Product

Ų 50% Commission (with charge-backs)

Ų Employee Bonus Opportunity

Ų No Special License Required (P&C Only Required)

Customer Benefits

Ų Affordable

Ų Include in Monthly Auto Insurance Payments

Ų Available on Liability Only Policies

Ų Comprehensive Coverage

o Tow - $50 per incident (no limitations)

o Rental Reimbursement - $25 per day (max 10 days)

o Bail Bondsman – Premium up to $10,000 bond

o Ambulance Assistance - $100 per occurrence

o Medical Expense - $200 per unit

o Personal Effects Loss in Rented Vehicle

The “How To” Guide to Selling the
American Bankers Tow and Rental
Plan

Option One

Quote all of your customers in Quote Control with this coverage already included!

Follow these easy steps to increase your auto insurance commission revenue’s by 30% or more!

Step 1

Go to Agency Setup in Jenesis under Utilities, Setup and then Agency Setup

Click on Defaults and go to Motor Club/Tow and Rental tab to select coverage default amount under American Bankers. Check box that reads Add to Quotes.

Step 2

	When quoting customer in Quote Control, you will note that the *Motor Club/Towing* box is checked and the Quote has been calculated with the *Motor Club/Towing* coverage included
	After offering the rate to the customer, ask the customer how the rate compares to any other quotes that they’ve already secured. If it is competitive and the prospective customer wants the policy, YOU JUST EARNED 50% COMMISSION ON THE *Motor Club/Towing* COMMISSION…with Chargebacks!
	If the customer states that the rate you offered is higher, let them know that you have included in your quote a unique Tow and Rental reimbursement benefit that most agencies don’t provide. You can add additional vehicles to the policy for $30/per vehicle or revise the quote by removing the coverage altogether.
	To remove coverage, simply click on the box beside the *Motor Club/Towing* coverage in Quote Control.

Option Two

Offer Motor Club/Towing to your customers when they are ready to take out the policy.

Step 1

	Quote customer automobile premium rate
	Once customer has agreed to premium being charged, ask customer if they currently have Tow and Rental coverage through AAA or other motorclub? If not, let them know that you offer a special *Motor Club/Towing* reimbursement plan that provides benefits in the event they need a tow or rental for the vehicle on their policy.
	Check *Motor Club/Towing* in Quote Control and let them know that for a few extra dollars each month, they can purchase this additional protection.

Example

Auto Premium: $450

Down Payment: $90

4 Payments: $72 each

Tow & Rental: $30

Commission : $15 (Chargebacks do apply)

(Includes $50 Tow Reimbursement Benefit, $25/day Rental Reimbursement, Ambulance and Medical Expense, Bail Bond Servicesand Personal Effects loss in rented vehicles)

For Just Under $8 extra per month, Your Customer Receives Great Coverage and you earn $20…Guaranteed!