Modives

In 2025, car buyers shouldn't have to wait at the dealership while their insurance is verified. In fact, data shows that NPS drops 13 points once shoppers are waiting for F&I longer than 30 minutes. With CheckMy Driver, you can send your customer a link to verify their insurance ahead of their appointment-- before they even leave their house. Talk to our team to learn more: https://hubs.ly/Q03chN4Z0 #insuretech #insuranceverification #customerexperience #cx #friction #efficiency #financing

If you're putting off digitizing your processes because of the effort required to switch, you may be doing your customers a disservice. In our recent webinar, Sandy Cerami and Justin Silver talk about the friction that goes unnoticed in the legacy insurance verification process. But even if your staff has learned to ignore it, your customers likely haven't. Watch the full webinar here: https://lnkd.in/euuJdK3A #insuretech #autosales #friction #digitization #customerexperience #cx

In a 2024 study, 78% of buyers said the test drive alone sold them on their vehicle purchase. But is your process optimized to drive more sales, or is it driving customers away? In our latest blog post, we break down three new strategies to transform your test drives from routine procedures into powerful selling experiences. Learn how to offer a test drive that pushes your customer to take the next step. Read the full article here: https://hubs.ly/Q03bPcxG0 #insuretech #autosales #strategy #testdrives #targeting #revenue #customerexperience #cx

For risk and compliance expert Tom Kline ???, a big part of his job is preventing auto dealers from getting a case of the "yets." Which is, "It hasn't happened to me yet, so it's not going to happen." This mentality lies at the center of many risky decisions in the auto industry. In our recent blog, Tom talks about how phoning it in on insurance verification can cost your business—and how to patch up the holes in your process. Read the full article on our blog: https://lnkd.in/ex-UZu_j #insuretech #autoinsurance #insuranceverification #riskmanagement #compliance #liability #idchecks

If you work in auto financing, you may have noticed more borrowers missing their car payments. ?? A recent article by Axios shed light on the arising credit crisis. As of January 2025, 6.6% of subprime auto borrowers were at least 60 days past due on their loans— the highest level since Fitch Ratings began collecting data. With delinquencies on the rise, auto lenders are looking for ways to curb financing risk. Since missed payments often align with insurance policy cancellations, implementing a monitoring solution can prevent major catastrophes, like getting left to foot the bill after your borrower totals an uninsured vehicle. Talk to the CheckMy Driver team about how insurance monitoring can protect your business. https://hubs.ly/Q03b98Mv0 #insuretech #autosales #insuranceverification #autolending #financing #autoloan #loandefault #monitoring

Between inflation and looming tariffs, experts predict major increases in new vehicle prices in 2025. ?? During this time, turning around used vehicles may prove even more profitable than usual. In our recent blog, we dive into how dealers are missing key opportunities in used vehicle acquisition, and how you can ramp up your inventory with one simple strategy. Link in the comments! #insuretech #autosales #usedcars #vehicleacquisition #tradeins #usedcarinventory

Insurance tracking vs monitoring and verification, there's a big difference. Legacy tracking methods are quickly being replaced by monitoring. CheckMyDriver.ai by Modives is changing how your monitor and protect your assets.

Dealers - want to know if your approach to insurance verification is unknowingly putting your business at risk? Skipping steps in the insurance verification process can lead to major liabilities. Learn where many go wrong– and how to fix it– in our latest blog, featuring expertise from risk and compliance expert Tom Kline ???. Read it here: https://lnkd.in/ex-UZu_j #insuretech #autoinsurance #insuranceverification #riskmanagement #compliance #liability #idchecks

Even after tariffs have been delayed, concerns persist over predicted price increases, especially in car sales. In a recent article, Kelley Blue Book reported an estimated increase of up to $10k for some models. Rising car prices aren't just a problem for consumers. As vehicle costs soar, so will insurance premiums and lender risk, according to experts. As the future of the auto industry remains in flux, it's time to prepare for potential shifts ahead. Talk to our team about how your dealership can mitigate risk, improve CX, and increase sales in the months ahead with CheckMy Driver. https://hubs.ly/Q039CVDT0 #insuretech #autoinsurance #insuranceverification #rates #premiums #tariffs #autofinancing

Verifying your customer's insurance by phone is a crucial step in mitigating risk during the car buying process. But what do you do when a customer is ready to sign the deal, but their carrier's office is closed? With CheckMy Driver, you can instantly verify your customer's insurance anytime, anywhere. Just have them log into their carrier through the CheckMy Driver app, and get a full report in minutes. Talk to our team to learn more: https://hubs.ly/Q0392mGR0 #insuretech #insuranceverification #customerexperience #cx #friction #efficiency #financing