Effective April 1, 2013, SecureDrive Anti-Theft will have an available dealer mark-up of up to $400 across all terms. This change provides you with incremental revenue opportunities when selling Anti-Theft to your customers.
New Anti-Theft Disclosure Document for British Columbia Dealers
As previously communicated in a Dealer Bulletin issued on November 6, 2012, the Insurance Council of British Columbia (“Council”) issued a Notice on October 5, 2012 (“Notice”) outlining a number of new requirements relating to the issuance of restricted general insurance licenses to motor vehicle dealers in British Columbia. For reference, a copy of the Insurance Council’s Notice can be found here: Insurance Council Notice
As outlined in the Notice and our earlier Bulletin, one of the new requirements of Council is that dealers obtain a Consumer Information Disclosure Document (“Disclosure Document”) from customers purchasing anti-theft products in British Columbia. A copy of the Disclosure Document prescribed by Council can be found here: Disclosure Document
Effective April 1, 2013, an execution copy of the Disclosure Document will be included with the anti-theft contract that is printed by the Digital Resource Centre. The Disclosure Document must be signed by customers purchasing anti-theft policies and must be maintained by the dealer as part of the customer contract package.
For additional information, please contact your LGM Dealer Development Manager or the LGM Customer Service Team at 1.800.510.8372.