- Extended Service Contracts that offer terms and coverage for both new and pre-owned vehicles, including limited warranties and WRAP products
- GAP coverage that provides your customers with worry-free driving, while you earn their loyalty and repeat business
- A credit insurance program with a solid track record of increasing a dealership's bottom line
- F&I training programs that bring your dealership the most current techniques and styles to help you achieve a competitive edge, while maintaining customer satisfaction.
BAKER'S
Group of America Inc.
Protecting your investment where it counts
Bakers Group of America Inc.
1909 Coolidge st.
Marion, IL 62959
United States
ph: 618-993-6641
fax: 618-998-1451
alt: 618-997-2102
Western General & Protective Dealer Services:
Automobile Coverage up to 150,000 Miles
The Original Life-Time Engine Coverage Warranty
as Long as you own your Vehicle.
Dealer Prices:
What We Do
The Protective Asset Protection Division provides F&I products and solutions focused on enhancing your profitability and customer satisfaction. We proudly serve over 8,000 franchise and independent dealerships in the auto, marine, powersports and recreation vehicle industries throughout the U.S. and Canada. Our portfolio of service contracts, GAP and credit insurance programs provide you a unique opportunity to create new revenue streams with products your customers should not be without.
What Sets Us Apart
We deliver value to our dealerships by building long-term relationships and offering innovative solutions to maximize your F&I revenue. Our passionate employees and independent insurance agents are constantly working to bring you more profitable options for your dealership. We help to increase your day-to-day productivity through training, professional claims processing, experienced underwriting and administration and new technologies....and we do it all with integrity, living by our corporate motto: "Doing the right thing is smart business."
We have been bringing strong products and field leadership to our dealerships since 1962—that’s almost 50 years of dedicated, experienced service. We have paid out $1.7 billion in claims while making the claims process simple, easy and fast, allowing you to stay focused on sales. Our products are backed by A.M. Best's insurance company rating of A+ or better which speaks to our strength and stability.
How We Do Business
Protective Life Corporation was established on a profound belief in the American dream. Since 1907, its subsidiary Protective Life Insurance Company has remained true to its core values: quality, serving people and growth. This unwavering commitment to treating people the way we would like to be treated has been rewarded with stable, long-term relationships and trust. We embody that same entrepreneurial spirit, and we look forward to serving you with integrity and trust for many years to come.
Protective Insurance in Businessover 100 Years:
Protective Life Insurance Company was established on a profound belief in the American dream: Provide quality products with excellent service and success will follow. Since 1907, Protective Life Insurance Company has remained true to its core beliefs: Quality, Serving people, and Growth. This unwavering commitment to doing the right thing for the people we serve has been rewarded with stable, long-term relationships and continuous growth. Today, Protective Life is one of the nation’s leading insurance companies, proving the wisdom of our Company’s vision: Doing the right thing is smart business.®
Protective Life Insurance Company has more than $729.8 Billion of coverage in force to date.* Protective Life has insurer financial strength ratings A+ Superior.
Protective Life Insurance Company is also a member of the Insurance Marketplace Standards Association (IMSA) and has adopted its Principles of Ethical Market Conduct. IMSA is a voluntary membership organization created by life insurance chief executives to establish a uniform set of standards against which companies can verify that they have appropriate market conduct policies and procedures in place for their individual life and annuity products. Its central goal is to maintain high standards of ethical company behavior in the life insurance marketplaceadd images to illustrate your offering. Tell your visitors why they should buy from you! Add a new section for each product or service
Protective Asset Protection Division:
TAKE A TOUR
Protective’s Asset Protection Division is one of the five operating divisions within Protective. The Asset Protection Division offers its products and services through automobile, marine, RV, and power sports dealers. Through these business partners, the Asset Protection Division offers consumers protection against unwanted losses they may experience after purchasing and financing major consumer assets such as automobiles, boats and recreational vehicles.
The Asset Protection Division is consistently investing in superior products and services through underwriting, administering and marketing its own programs. These programs include extended service contracts, GAP coverage, and credit insurance.
Asset Protection Division Product Portfolio:Automobile Dealer
Marine Dealer
Motor Home and Travel Trailer
Power Sports Dealer
F&I Training
Dealer Participation Programs
Asset Protection Division HighlightsDealer Participation Programs:
Auto and RV dealers have the opportunity to create a new revenue stream by participating in our reinsurance or retro programs on selected products. Protective brings with it years of experience facilitating the formation of offshore producer-affiliated reinsurance companies.
In general, these programs offer underwriting profits and earn investment income on reserves that are held to pay claims. We currently have agreements with over 500 reinsurance and other risk-bearing companies and support over 175 dealers with financial statement preparation. This volume also demonstrates our strength, leadership and skill in helping build a new revenue source for your dealership by creating a participation program that is right for you.
Reinsurance ProgramsProtective’s reinsurance program can help increase profits from the Protective products you sell. Forming your own reinsurance company is an ideal way to boost profits without requiring a huge level of effort. Claims are administered by the ceding insurance company or its affiliates—all of which have experience administering and supporting claims. Should you elect to have Protective produce your financial statements we generate quarterly or annual financial statements to keep you up to date on all aspects of your reinsurance company’s performance. You may invest the reserves and any surplus in your reinsurance company in a variety of different investment vehicles. The money is held in trust in a U.S. bank, so you don’t have to worry about currency conversion or timing fluctuations.
We offer support to help you keep track of your reinsurance account and investments, ultimately helping you increase profits. Protective participates in relationships with controlled foreign corporations (one dealer is in control of its own reinsurance company) and non-controlled foreign corporations (a pool of dealers forms their own reinsurance company or a single dealer joins an existing pool).
Retro ProgramsProtective’s retro programs are another way that dealerships can participate in the business they produce. A dealer is paid a portion of underwriting profits that exceed a threshold as business earns out. Payments are made directly to the dealership. The payments on the underwriting are made once a year, 90 days after year end.
Bakers Group of America Inc.
1909 Coolidge st.
Marion, IL 62959
United States
ph: 618-993-6641
fax: 618-998-1451
alt: 618-997-2102
