• IADA defeated legislation that would create a 3-day cooling off period for vehicles. • IADA defeated legislation that would create a “Used Car Buyer Protection Act.” • IADA passed legislation reducing manufacturers audit period from 18 to 12 months for all incentive and reimbursement claims. • IADA defeated legislation multiple times that would eliminate the dealer’s 1 ¾ % Retailers Sales Tax Collection Allowance. • IADA defeated a proposal to allow inaccurate accident information on all Carfax reports. • IADA passed legislation creating a $20 lien release title enabling dealers to complete the vehicle registration process quicker when a lender is slow delivering a certificate of title. There have been many recent challenges with SOS working with a short staff, navigating through the pandemic, causing many potential disruptions for our dealers. Through it all, only IADA & CVR worked to provide work arounds at every potential disruption to ensure that our dealers could still get their work processed efficiently for their customers. SPECIFIC TITLE & REGISTRATION ISSUES ADDRESSED: • Dealer transactions were being locked at 20 days if not completed - IADA worked around. • CVR worked with SOS to migrate to a more reliable VPN network to reduce any future connection disruptions. • IADA worked to increase the allowable ERT fee to $35. • IADA is working to eliminate the SOS late fees up to 45 days. Everything IADA does is with the intention of having a strong, unified voice for all our IL dealers. We do not “endorse” CVR – we “began this program in Illinois for our dealers and we are the “process”. We have been working with CVR to improve your title and registration process since the inception of the ERT process and we will never take your support and participation for granted! Zurich is the engine that turbocharges your F&I results. Our agility, experienced team, innovative mind-set, and industry knowledge accelerate your evolution and drive you toward a bright future. Let Zurich accelerate your growth and help protect your legacy. zurichna.com/dealer Contact Colleen Rogers at 708-846-9061 for more information. zurichna.com/dealer Get in the passing lane with Zurich Universal Underwriters Service Corporation (UUSC), an individual member company of Zurich in North America, is the issuing provider and administrator of Zurich’s vehicle service contracts in all states except Florida. In Florida, the issuing provider and administrator is Vehicle Dealer Solutions, Inc. (FL License #60132). In California and New York, UUSC operates under its d/b/a UUSC Service Company (CA License #0C17302). Undue reliance should not be placed on anything herein that might be considered to be a forward-looking statement possibly indicative of future events, trends, plans, developments, results or objectives. As statement such as those, by their nature, are subject to known and unknown risks, unforeseen developments and uncertainties. 23
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