Step 5: Lienholder/Insurance Information

The Lien/Insurance tab contains the information about the lienholder on the vehicle, the warranty sold with the vehicle, any GAP insurance sold with the vehicle, and any property damage insurance on the vehicle. All information is located under its proper heading on the screen.

When you have completed the Lien/Insurance section, click the Finished button with the red check mark.

Entering Lienholder Information

If you selected a lending institution in the Finance Source box under the Financial tab, the software will use the lending institution's name and address to fill in the Lienholder section. If you did not select a lending institution, you may still enter information into this section.

Entering Extended Warranty Information

If you selected a warranty by clicking the Warranty button under the Financial tab, the software will use the warranty information from the plan you selected to fill in the Extended Warranty Information section.

Entering GAP Insurance Information

If you sell GAP insurance, enter the GAP Insurance company name in the GAP Company box.

Entering Physical Damage Insurance Information

Enter the insurance company name and insurance policy number.

The software maintains a listing of insurance agents which have been previously entered. You may choose an agent from the listing and have the software enter the address and phone number for you. You may also elect to enter the information yourself if this is a new insurance agent. If you enter a new agent's information in your deal, e.g. Fred Flintstone, the software will ask if you want to add this agent's information to its memory.

Click Yes to add the agent's information to the program's memory. The Agent Maintenance window will appear, and you can continue to fill in other agent information. Otherwise, click No to leave the information in the deal but not add it to the program's memory.

To select an existing agent, click the down arrow in the Agent Name box. The software will display a pull-down menu from which you can select an agent. Click the agent name to add the agent information to the current deal.

Enter the policy coverage dates. When entering dates, you have the option of using the calendar funtion. Simply click the Calendar button to display the calendar. With the calendar displayed, you may move through different months and click on a specific date. Clicking on a date will automatically enter that date into the date field. You may also add or subtract days to a date that has already been entered by pressing the + or - keys when the date field is highlighted and the calendar is not displayed.

Enter the deductible amounts for comprehensive and collision coverage.