TurboCoverage, CVR Agree on Insurance Platform

June 28, 2001

TurboCoverage, a web-based auto insurance service for auto dealerships, has formed a partnership with Computerized Vehicle Registration (CVR), a provider of electronic vehicle registration, to market the TurboCoverage platform in auto dealerships across California.

CVR, with relationships with more than 1,000 dealers in California, will produce TurboCoverage-powered workstations in showrooms and provide support cooperative marketing efforts to bring forward TurboCoverage’s real-time insurance service.

TurboCoverage and CVR plan to install the TurboCoverage platform at 300 stores over the next year and put out the platform in over a dozen states. CVR, a cooperative effort between Automatic Data Processing Inc. and The Reynolds and Reynolds Company, has relationships across the country with more than 5,000 dealerships.

This is TurboCoverage’s second large partnership in the last few months, having formed an alliance back in April with FSC, a rating engine with more than 4,000 agency clients across the country. FSC will aid TurboCoverage adding more carriers to its platform in California and in other areas of the country.

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