Volume 11, Issue 06 | June 2024

MONDAY MORNING F&I TRAINING


We host advanced training at 10:00 AM and basic training at 11:00 AM every Monday morning, in-house, at Conley Insurance Group, as well as virtually, via Zoom.


For more information, click here.

To register contact, Erik Landrum.

Insurance Premiums


 Linking our sales efforts, in the Business Office, with current events is always beneficial. Why? Because it lends tremendous credibility to our argument. Imagine the powerful nature of our contention when we relate it to something our Guest just so happens to be currently experiencing, something undisclosed to us. The recent MASSIVE rise in automobile insurance premiums is just such a current event.

 

In fact, these effects have even hit home for your favorite F&I Performance Coach. In the last two years, my 2019 truck has experienced an incredible 46.9% increase in premium and my 2022 Jeep a shocking 65.3% increase! This is weird, though, considering my motorcycles, side-by-side, and fifth-wheel camper not only haven’t increased… but in some cases have decreased slightly! Certainly, these vehicles have seen a dramatic increase in their labor rates and costs of parts, like that of my truck and Jeep…


click here for more...

Many Shopping for New Car Insurance

by: ADT Staff


With car insurance rates on the rise and many consumers dissatisfied with coverage, they're on the hunt for new policies, and many express interest in embedded ones.


A J.D. Power survey of 10,000 insurance shoppers found that about half, 49%, of auto insurance consumers have shopped for a new policy in the year ended Feb. 29, and 29% of those have switched carriers, particularly the youngest policy holders.


It pointed out that the average auto insurance cost is up 22%, more than any other category tracked by the Consumer Price Index.


click here...

Preventing Bank Fraud

by: Penelope Bell


Year after year, bank fraud continues to be a top compliance issue in dealerships. I continually stress to dealers how prevalent it is and their continuous need to have no-tolerance policies in place should such an issue arise. I hear so many stories of bank fraud, and a lot of times the claims are from a disgruntled or ex-employee.


Dealers must have solid policies in place to deal with these claims. So let's rehash some common areas of bank fraud that plague a dealership, discuss the potential repercussions dealers face if caught committing these acts of fraud, and what dealers can do to mitigate claims...


click here...

For a larger, printable version...click here.

For a full-sized, printable version (with the answers), please...click here.

Granny's Oatmeal Cookies

From: Emmy Tillett

(Dalton Tillett's wife)

INGREDIENTS:


2 sticks softened butter

1 teaspoon baking soda

1 cup brown sugar

1 teaspoon cinnamon

½ cup sugar

½ teaspoon salt

2 eggs

2 cups oats

1 teaspoon vanilla

1 cup raisins

1 ½ cup flour

DIRECTIONS:


Blend butter and sugar, then add eggs and vanilla. In a separate bowl combine the flour, baking soda, cinnamon, and salt. Once combined stir in oats and raisins. On an ungreased sheet pan, bake for 10-12 minutes at 350.



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