TSD Mobility, Canopy Connect Partner to Ease Insurance Verification

TSD president Shawn Concannon said rental car operations can achieve greater consistency in verifying car renters' insurance levels. - Photo: TSD Mobility

TSD president Shawn Concannon said rental car operations can achieve greater consistency in verifying car renters’ insurance levels.

Photo: TSD Mobility

TSD Mobility Solutions, a global software provider for rental car companies and automotive dealerships, and Canopy Connect, an insurance verification service, have joined to create an efficient and reliable way to verify a renter’s provided car insurance information. 

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 can be sped up.

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,” said Tolga Tezel, founder and CEO of Canopy Connect, in a June 10 news release. “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.”

By verifying insurance, rental agents can easily see if the policy lacks comprehensive and collision coverage or has a high deductible. Additionally, by verifying insurance at the time of rental, the rental agency or dealer will access the policy details they’ll need to file and subrogate a claim quickly when an incident occurs.

“By automating this step, rental companies and dealerships get the kind of consistency that makes a difference,” said Shawn Concannon, president of TSD. 

Insurance verification is now available on TSD Rental and will be available on TSD Dealer in early July.

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