Dealer-Owned Reinsurance Since 1994
BHPH Reinsurance for Buy Here Pay Here Dealers
DealerRE helps BHPH dealers set up and run their own admin obligor reinsurance company for DCC, CPI, VSI and limited warranties. We handle the paperwork.
- Reinsure DCC, CPI, VSI and the warranties you already sell
- Admin obligor structure insured by A rated insurers
- We handle setup, claims, filings, taxes and reporting
400+ dealers served coast to coast since 1994. NIADA member and sponsor.
Prefer to talk? Call (804) 824-9533
Talk to the DealerRE team
Tell us about your store. We'll walk you through how a dealer-owned reinsurance company works for BHPH.
Why BHPH dealers reinsure with DealerRE
Own the products you sell
Instead of paying a third-party provider, the products on your deals are reinsured by a company you own.
Built for BHPH portfolios
DCC and CPI are made for dealers who carry their own notes and deal with uninsured collateral and total losses.
More say in claims
You help set the coverage you offer. DealerRE adjudicates claims for your program and keeps the process moving.
Full-service administration
Company setup, legal forms, filings, tax returns, renewals, bookkeeping, financials and performance reports.
A rated paper behind you
The admin obligor structure means your reinsurance company is insured by A rated insurers.
F&I training and menus
Online and in-person F&I classes, F&I menus and a look at your dealership numbers with our team.
What you can reinsure as a BHPH dealer
As a Buy Here Pay Here dealer, you carry the note and you carry the risk. BHPH reinsurance lets you form your own admin obligor reinsurance company, so the coverage sold on your deals is reinsured through a company you own instead of a third party's.
DealerRE builds and runs the program with you. We set up the company, manage the legal forms and filings, adjudicate claims, keep the books, prepare tax returns and send you financial and performance reports.
- Debt Cancellation Coverage (DCC) in place of requiring full coverage insurance from your customers
- Collateral Protection Insurance (CPI), the force-placed product that protects your interest in the vehicle
- Vendor Single Interest (VSI), including towing, storage and skip tracing expense losses
- Limited mechanical breakdown warranties with customizable coverage
- Vehicle service contracts and extended warranties
- GAP with 150% or 125% LTV options, deductible coverage and PowerTrain Assistance
- DealerRenew Certified: your own CPO program with a 100+ point inspection
- Ancillary products: InTire tire and wheel with 24/7 roadside, windshield repair through the Safelite process, door ding paintless dent repair and Theft Avert window etching
Dealers coast to coast trust DealerRE
“Nothing but praise for the DealerRE products and team. The team is professional, focused and will almost ensure your sucess. We find the CPI very useful, and our customers love the Service Contracts. They are members of many of the independent dealer associates and seem to really enjoy working within the auto industry. Great experience.”
“Without question, starting our own Reinsurance Company is one of the best decisions I ever made in the used car business.”
“One of the best decisions we ever made for our BHPH operation was partnering with DealerRE! Taylor, Parker and their entire team are second to none!”
What happens after you reach out
Send your details
Fill in the short form. Tell us your dealership type and the products you sell today.
Review your options
We look at your volume, your state and your current F&I setup, then explain the structures that fit.
We set it up and run it
If you move ahead, we handle formation, legal forms and filings, then claims, books and reporting.
Frequently asked questions
Is this a warranty or insurance I can buy as a car owner?
No. DealerRE works only with dealers, dealer principals and lenders. We do not sell warranties, GAP or coverage to car buyers.
What does admin obligor mean?
It is the structure DealerRE uses for your dealer-owned reinsurance company. An administrator acts as the obligor and your reinsurance company is insured by A rated insurers.
Which products make sense for a BHPH store?
BHPH dealers most often reinsure DCC, CPI, VSI and limited mechanical breakdown warranties. VSCs, GAP and ancillary products such as tire and wheel, windshield, door ding and Theft Avert can also be reinsured.
What does it cost?
Pricing depends on your store, your volume, your state and the products you want to reinsure. DealerRE states there are no hidden additional fees. Send the form and we will go over the numbers for your situation.
Do you work with dealers outside Virginia?
Yes. DealerRE is headquartered in Southeast Virginia and works with dealers nationwide, coast to coast.
Who handles the paperwork once the company exists?
DealerRE does. We manage legal forms, filings, tax returns and renewals, plus claims adjudication, compliance, bookkeeping and financial and performance reporting.
See how BHPH reinsurance could work for your store
Talk with the DealerRE team about DCC, CPI, VSI and warranty reinsurance for your dealership. Call (804) 824-9533 or send the form and we will get back to you.
- Reinsure DCC, CPI, VSI and the warranties you already sell
- Admin obligor structure insured by A rated insurers
- We handle setup, claims, filings, taxes and reporting
Prefer to talk? Call (804) 824-9533