RSIG
Respect:
As an advocate for the industry, RSIG demonstrates its respect for the professional repossessor each day by evaluating the needs of the industry. In evaluating these needs and understanding the industry from the inside, we are able to meet those needs and offer exceptional product and services that are un-matched.
RSIG is also the most respected and recognized group of repossessors in the industry today. We earn that respect by maintaining a positive professional reputation with lenders nationwide and by fulfilling the needs of the industry. One of the needs of the industry was met by the birth of one of our crowning achievements - the State Specific Recovery Specialist Certification Courses. Approximately 4 years and 1300 attendees ago, the certification course was born. The course is…“often imitated, never duplicated”; as it focuses on state law and specific state case law. The course is designed to challenge both the experience and knowledge of anyone involved in the repossession industry.
You can click on the link to view the leading case law & explanation for each state or continue on to learn how RSIG supports the repossession industry.
View the leading case law and explanation for each state...
Support:
RSIG has been supporting professional repossessors for 2 decades. Through the experience of our Board of Directors who have all been repossession agency owners (with over 200 years of collective experience) and through our dedicated full time staff of employees who are here to assist you in anyway possible; RSIG provides repossession business owners and their staff with the support they need to run and operate a successful business. Whether it is through claim and risk management, reviewing contracts, issuing certificates of insurance to lenders, answering field questions that reduce the inherent risk associated with this industry, business advice, marketing assistance, representation to lenders and insurance carriers, finding benefits for you and your staff, newsletters, networking opportunities; and office management software; RSIG is here for you.
You can click on the link to view our newsletter archive or continue on to learn more about what we have to offer.
View our newsletter archives...
Insurance:
RSIG offers access to a custom insurance policy exclusively for repossessors. Applicants are closely underwritten to ensure that the group is only accepting those professionals that will assist the organization in maintaining exceptionally low loss ratios; maintaining our marketability to insurance providers.
We offer General Liability, Wrongful Repossession, On-hook and Drive Away coverages. Every member has Excess Liability Coverage, Commercial Crime Coverage and Accidental Death and Dismemberment Coverage for one low price. The repossession business is seasonal; as an example when people receive tax refunds – repossession assignments go down; paying per repossession you’re not locked into a large pre-determined payment, you pay less.
You can click on the link to access our summary of coverages or continue on to learn more about the benefits of belonging.
Click Here for Insurance Audio
View the Summary of Coverages...
Group Benefits:
“The Whole is Greater than the Sum of It’s Parts.”
Policies offered in a group environment typically help to avoid the concerns of individual policy holders; like being cancelled or non-renewed for a single claim and incurring substantial rate increases due to losses. In contrast, most group policies do not cancel insureds as a result of a single claim because the loss history of the group as a whole is evaluated in lieu of a single policyholder. Group policies also do not increase rates for individual companies, and in the case of a properly managed and monitored group - the rates typically remain stable unless additional coverages are provided to the entire group as a result of meeting industry demands. Currently RSIG is the only group policy available in the recovery industry.
Group policies also provide the important benefit of shared concern with respect to common industry issues. Our organization was developed by those in the industry who saw the need for change and took the initiative to create a program that has evolved over the years to better suit the industry’s needs. Rarely in an individual policy situation will your provider take the time to truly understand your needs the way that RSIG does. Again, “often imitated, never duplicated.”
