Jacksonville, FL, November 2, 2011 -- Today American National Insurance Company-Credit Insurance Division (ANICO-CID) announced an agreement with Family First Dealer Services LLC (FFDS) to market and administrate its Guaranteed Auto Protection (GAP) Waiver program nationwide.
"Over the past eight months ANICO-CID and FFDS have redesigned and updated what we believe to be one of the best GAP waiver programs in the market today, and we are excited to be partnered with FFDS and their leadership team. Since the beginning of GAP the members of FFDS have been some of the best innovators and leaders, and with our combined experience, commitment to the market, and financial stability of our parent company American National Insurance Company, we look forward to growing this line of business," says Jim Pangburn senior vice president of ANICO-CID.
"I could not be more excited about our involvement with Jim and his team on the redesign of the GAP product, and look forward to a long partnership with ANICO-CID," says Tony Wanderon president and CEO of FFDS. "Our goals were to build a product that is competitively and properly priced, with benefits that fit today’s consumer and dealer, and we have done that. We also know that having a great product is only one step in the process, the next and most important is having great agents. We clearly understand and respect the importance of the agent in supporting their dealers. We know the agent is the key to the relationship and we recognize the dealer is the agent’s customer, our role is to do everything we can to help them in that effort," says Wanderon.
- Some of our standard features included at no additional cost are:
- Private Passenger Commercial Coverage
- 90 day deferral of 1st payment
- Primary Insurance Settlement vs. Contractual Payoff
- 48 hour turn around on most claims due to accident of the dealer’s customer
- No dealer or agent chargeback in the event of a claim
- Private label programs for larger agencies
- Agent cancel fee participation