Business Continuity Concerns have you down? – RSIG helps!

25 March 2020 – While we may not be able to answer every question you have about the COVID19 situation – we can answer this BIG one….

What about my repossession insurance in the current pandemic situation?*

If you have no repossessions – you have no repossession insurance payment due.
If my number of repos = 0? – Then your monthly report fee is $0.00.

As the Coronavirus – COVID19 situation continues to evolve at a speed almost too fast to keep up with, RSIG wants you to know we are here for you!

With RSIG’s Pay as You Repo reporting policy – when you haven’t repossessed anything, you don’t pay anything. So, if you are facing a work stoppage with all accounts being closed or put on hold, you are not having to make an insurance payment to RSIG.

Yes, you do have to provide a report listing any assignments received and their status, or if you have received NO assignments, we need a statement that no assignments were received, but if none of those assignments resulted in a repossession – your amount owed is $0.00. – No other repossession insurance program can say that!

This has been the way RSIG has done things from the beginning – recognizing the ebbs and flows of the industry, knowing the loss of one client – or temporarily all of your clients can and will hit hard. But that is how RSIG stands with you and supports you through these tough times.

*Remember also unique to the RSIG program is you are paying in arrears, so reports and payments for March repossession activity, due in April are still currently due. If business has already stopped for you and you want to submit your March reports now you can email them to [email protected] and pay online at https://rsig.epaypolicy.com