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The start of 2025 has a lot in store for the auto industry. While analysts are predicting gradual recovery growth, ongoing post-election policy discussions are

The auto insurance landscape is shifting. Between the increasing cost of auto insurance, labor shortages slowing efficiency, and the evolving role of tech in insurance

After a turbulent election year, businesses are gearing up for a new regulatory and economic environment in the year ahead. The auto industry lies at

This post was created with the help of Tom Kline, a risk mitigation expert and compliance consultant. Tom is a third generation “car guy” and

This post was created with the help of Tom Kline, a risk mitigation expert and compliance consultant. Tom is a third generation “car guy” and

Picture this: You’ve just closed a financing deal, but months later you discover the customer let their insurance lapse, leaving the vehicle exposed to uncovered

Fraud has been a hot topic in the auto industry in 2024– and for good reason. As the result of advancements in fraud technology and

Many drivers cruise through life thinking they’ve got their auto insurance all figured out. In fact, 86% of Americans report that they have a strong

As service departments respond to demand surges driven by post-pandemic driving trends and an aging vehicle fleet, many face mounting pressure to deliver quick turnarounds

When it comes to selling cars, creating a memorable customer experience is essential in increasing referrals, driving repeat business, and boosting retention for ongoing services. 

For many auto dealerships, insurance verification is a one-time, albeit time-consuming, step in the auto sales process. However, for those in leasing or financing, verifying

In the world of Buy Here Pay Here (BHPH) dealerships, maintaining strong cash flow is key to success. That’s why, despite the fact that BHPH

When it comes to succeeding in the auto industry, nothing is more important than relationships. Building strong connections with customers, partners, and industry peers is

If you’ve been tuned into compliance discussions in the automotive industry lately, you’ve likely heard conversations surrounding the Revised Safeguards Rule. This updated standard, imposed

In the world of auto sales and lending, verifying a customer’s auto insurance is an essential step. However, for many dealerships, this routine task can

In the world of auto financing and leasing, failing to enforce auto insurance coverage isn’t just a minor slip-up— it’s a mistake with potentially dire

In a country as car dependent as the US, auto insurance is essential to the safety and financial health of drivers everywhere. The rise in

In the years since COVID, the auto industry has seen an uptick in uninsured drivers on the road. In fact, as of 2022, the Insurance

According to data from the Insurance Information Institute, nearly 13% of drivers—or one in eight—is uninsured…

The auto industry has long been a target for fraudsters seeking quick profits from high-ticket grifts. However, recent years have witnessed a significant surge in

According to recent reports, auto repossessions have increased in recent months, up 23% in the first half of 2024 compared to the same period last

As part of a lender-backed car purchase, borrowers are typically required to carry full coverage auto insurance throughout the term of their lease, but what happens when the driver cancels his or her policy? Insurance monitoring and CPI pack a powerful one-two punch to protect your assets as a lender.

This post was written by Justin Silver, COO and co-founder at Modives. Justin Silver is an insurtech veteran with nearly 20 years experience in the

Trust, but verify. We’ve all heard that idea before, but what does it mean when it comes to your business?