Dealer Owned Warranty Company
Years Experience
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Dealer Owned Warranty Company Formation DOWC
There is no better option to retain and increase underwriting profits than a Dealer Owned Warranty Company aka DOWC.
The advantages of a DOWC versus reinsurance include:
- No ceding fees
- No premium taxes
- No claims fee
- No just because fees
- Long term tax deferrals on investment income
- Best in class claims administration with immediate override authority
- Dealer holds all reserves and controls all investments
- Dealer retains cancellation fees
- Dealer chooses and controls branding
- Dealer pays a flat fee per contract which provides true 100% transparency
- Online 24/7 reporting.
- No need to wait for a stale-dated quarterly cession report to hopefully determine where your money is.
We welcome the opportunity to provide you with a complimentary and confidential comparison of your current reinsurance agreement and a DOWC.
PCH Dealer Services does not provide financial or tax advice. We encourage you to loop in your trusted advisors.