TSD Mobility Solutions, a global software provider for rental car companies and automotive dealerships, and Canopy Connect, an insurance verification solution, have partnered to create an efficient, reliable way to verify a renter’s provided car insurance information.
Insurance Verification for Rental, Dealer Fleets
Thousands of rental car operators and dealers use TSD software to manage their rental or loaner car fleet to serve more customers in less time. With Canopy Connect, insurance verifications in that process should prove much easier.
“We’re excited to partner with TSD Mobility to make insurance verification easily accessible for their rental and dealer customers,” said Canopy Connect founder and CEO Tolga Tezel.
Rental car companies often struggle to verify a renter’s provided car insurance information. They either ask verbally or don’t ask at all.
“It’s a missed opportunity,” Tezel said. “Adding insurance verification at the time of reservation or point of sale helps rental agencies mitigate the risk of total loss and creates an upsell opportunity for protection plans.”
Reducing Risk, Streamlining Claims
By verifying insurance as part of the rental process, rental agents can see if the policy lacks comprehensive and collision coverage or has a high deductible. Additionally, by actively verifying insurance at the time of rental, when an incident occurs, the rental agency or dealer will have all the policy details they’ll need to quickly file and subrogate a claim.
“By automating this step, rental companies and dealerships get the kind of consistency that makes a difference,” said TSD President Shawn Concannon. “We are thrilled to partner with Canopy Connect to bring this excellent functionality to customers using TSD RENTAL and TSD DEALER.”
Insurance verification is now available on TSD RENTAL and will be available on TSD DEALER in early July. For more information, visit tsdweb.com.
