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Car Dealers Can Offer Auto Insurance On Site Through Strategic Alliance.


TurboCoverage, a Web-based auto insurance service for auto dealerships, and Computerized Vehicle Registration, a provider of electronic vehicle registration, completed a strategic alliance to install the TurboCoverage platform in auto dealerships throughout California.

CVR CVR

See contingent value right (CVR).
, which has relationships with more than 1,000 dealers in California, will install TurboCoverage-powered workstations in showrooms and support joint marketing efforts to roll Out TurboCoverage's real-time insurance service. CVR's dealer network in California includes some of the country's best-known dealer groups.

TurboCoverage and CVR intend to install the TurboCoverage platform in 300 stores in 12 months and then roll out the platform in more than a dozen states. CVR, which is a joint venture between Automatic Data Processing Same as data processing.  Inc. and Reynolds & Reynolds Co., has relationships with more than 5,000 dealerships across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

TurboCoverage eliminates dealers' reliance on binder faxing systems and off-site agents serving multiple dealerships. TurboCoverage's insurance companies include the following: Infinity Insurance Infinity Property & Casualty Corporation (NASDAQ: IPCC) is a national provider of car insurance. Infinity Insurance, a top-performing Infinity brand, provides nonstandard car insurance through more than 14,000 independent agents.  Co., Republic Indemnity and Leader Insurance Co. and members of the Great American Insurance Group; Financial Indemnity Co., a unit of Unitrin Property & Casualty Insurance Group; TOPA Insurance Co.; Western United Insurance Co., a unit of California State Automobile Association The California State Automobile Association is a motor club dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions. It was founded in 1907 as an offshoot of the Automobile Club of Southern California (ACSC) to serve members in Northern ; Workmen's Auto Insurance Co.; and Interstate Insurance Group, a division of Firemen's Fund-Allianz.

CVR's clients include franchised car dealers, financial institutions, insurance companies and agents, salvage operations 1. The recovery, evacuation, and reclamation of damaged, discarded, condemned, or abandoned allied or enemy materiel, ships, craft, and floating equipment for reuse, repair, refabrication, or scrapping.
2.
 and rental car companies.
COPYRIGHT 2001 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:TurboCoverage and Computerized Vehicle Registration
Comment:Car Dealers Can Offer Auto Insurance On Site Through Strategic Alliance.(TurboCoverage and Computerized Vehicle Registration)
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 1, 2001
Words:223
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