VSI Reinsurance
Dealer-owned Vendor Single Interest reinsurance helps protect lender interests when borrowers lack required insurance, while allowing dealers and lenders to retain underwriting profits instead of paying third-party providers.
Protect your dealership or lending portfolio with a Vendor Single Interest (VSI) Insurance Program designed to reduce uninsured collateral losses and retain underwriting profits. DealerRE helps auto dealers and lenders structure dealer-owned reinsurance solutions with experienced guidance, compliance support, and full-service administration built for long-term portfolio performance.
Explore core reinsurance solutions that help dealers and lenders protect portfolios and retain more F&I profit.
Dealer-owned Vendor Single Interest reinsurance helps protect lender interests when borrowers lack required insurance, while allowing dealers and lenders to retain underwriting profits instead of paying third-party providers.
Collateral Protection Insurance reinsurance supports creditors when borrowers fail to maintain coverage, helping reduce uninsured collateral losses and improve portfolio stability for BHPH dealers and lenders.
Debt Cancellation Coverage reinsurance helps BHPH dealers manage total-loss exposure, reduce write-offs, and move customers into replacement vehicles while keeping underwriting income in-house.
Guaranteed Asset Protection reinsurance covers the difference between insurance settlement and loan balance after a total loss, creating another profitable and protective F&I income stream.
DealerRE provides full-service administrative support, including claims adjudication, reporting, bookkeeping, renewals, and ongoing program oversight to keep your VSI structure efficient and compliant.
From legal forms and filings to tax returns and renewals, DealerRE helps dealers and lenders maintain a properly structured reinsurance program with less internal burden.
A Vendor Single Interest (VSI) Insurance Program helps dealers and lenders protect financed vehicles when borrowers fail to maintain required coverage. With DealerRE, the program is structured through a dealer-owned reinsurance company, giving you stronger control over portfolio risk, claims-related expenses, and underwriting income while reducing dependence on outside VSI providers.
See how dealers and lenders improve protection, profitability, and program control with DealerRE.
"The program that they put together is just perfect for our organization!"
"I became a Dealer Re client after an unfortunate incident with another reinsurance company. My experience has been nothing short of delightful. The staff are helpful and knowledgeable. Although we’ve been in the industry for many decades, they’ve provided solid advice to help us tweak our sales and control claims...."
"Nothing but praise for the DealerRE products and team. The team is professional, focused and will almost ensure your sucess. We find the CPI very useful, and our customers love the Service Contracts. They are members of many of the independent dealer associates and seem to really enjoy working within..."
"We're SO happy with Dealer RE! Parker is a straight-shooter. He tells it like it is. Whatever he promises, he delivers. If it can't be done, he tells you right up front. And the whole team at DealerRE is friendly, responsive, and service customers the old-fashioned way--they actually answer the..."
"I have been working with DealerRE for quite a while now and they have been terrific! Anytime you need anything, they are very responsive and helpful. Everyone I've dealt with at DealerRE have been very nice and personable. I highly recommend them!"
"Excellent customer service! The team is very professional."
"Great staff and company to work with for your Reinsurance Company. Customer service is top notch and always willing to help make your Reinsurance Company more profitable with training just a phone call away. Highly Recommend any Dealers looking to start your Reinsurance company to get intouch with DealerRE to..."
"DealerRE is professional, friendly, and very accurate in all of their reporting!"
"After 25 years in business as a buy here, pay here dealership, I saw my write offs due to uninsured customers and low insurance settlements reach an unacceptable level. I looked at several different programs, and felt that DealerRE offered the best solution for my business. After my first year,..."
"Excellent team of reinsurance professionals! has been a pleasure to work with"
"A great company with excellent staff that is always willing to go the extra mile to help with anything you need. Dealers you need to be on this program. It helps your customers, your dealership and yourself!"
"Tim is a good Christian man who is going to be honest with you, tell you if the program is going to work for you, and how best it will work for you. They have so many options there is something for everybody."
"We've done business with DealerRe for years and have been very happy with them!"
"“Great company to work with! I’ll admit I was skeptical when I first signed up in 2018, but looking back now, it has truly transformed my business for the better—not just for me, but for my customers as well. Parker, Taylor, and their knowledgeable staff are excellent and always very..."
"We've been very pleased with our relationship with DealerRE and assured vehicle protection."
"The program that they put together is just perfect for our organization!"
"I became a Dealer Re client after an unfortunate incident with another reinsurance company. My experience has been nothing short of delightful. The staff are helpful and knowledgeable. Although we’ve been in the industry for many decades, they’ve provided solid advice to help us tweak our sales and control claims...."
"Nothing but praise for the DealerRE products and team. The team is professional, focused and will almost ensure your sucess. We find the CPI very useful, and our customers love the Service Contracts. They are members of many of the independent dealer associates and seem to really enjoy working within..."
"We're SO happy with Dealer RE! Parker is a straight-shooter. He tells it like it is. Whatever he promises, he delivers. If it can't be done, he tells you right up front. And the whole team at DealerRE is friendly, responsive, and service customers the old-fashioned way--they actually answer the..."
"I have been working with DealerRE for quite a while now and they have been terrific! Anytime you need anything, they are very responsive and helpful. Everyone I've dealt with at DealerRE have been very nice and personable. I highly recommend them!"
"Excellent customer service! The team is very professional."
"Great staff and company to work with for your Reinsurance Company. Customer service is top notch and always willing to help make your Reinsurance Company more profitable with training just a phone call away. Highly Recommend any Dealers looking to start your Reinsurance company to get intouch with DealerRE to..."
"DealerRE is professional, friendly, and very accurate in all of their reporting!"
"After 25 years in business as a buy here, pay here dealership, I saw my write offs due to uninsured customers and low insurance settlements reach an unacceptable level. I looked at several different programs, and felt that DealerRE offered the best solution for my business. After my first year,..."
"Excellent team of reinsurance professionals! has been a pleasure to work with"
"A great company with excellent staff that is always willing to go the extra mile to help with anything you need. Dealers you need to be on this program. It helps your customers, your dealership and yourself!"
"Tim is a good Christian man who is going to be honest with you, tell you if the program is going to work for you, and how best it will work for you. They have so many options there is something for everybody."
"We've done business with DealerRe for years and have been very happy with them!"
"“Great company to work with! I’ll admit I was skeptical when I first signed up in 2018, but looking back now, it has truly transformed my business for the better—not just for me, but for my customers as well. Parker, Taylor, and their knowledgeable staff are excellent and always very..."
"We've been very pleased with our relationship with DealerRE and assured vehicle protection."
"The program that they put together is just perfect for our organization!"
"I became a Dealer Re client after an unfortunate incident with another reinsurance company. My experience has been nothing short of delightful. The staff are helpful and knowledgeable. Although we’ve been in the industry for many decades, they’ve provided solid advice to help us tweak our sales and control claims...."
"Nothing but praise for the DealerRE products and team. The team is professional, focused and will almost ensure your sucess. We find the CPI very useful, and our customers love the Service Contracts. They are members of many of the independent dealer associates and seem to really enjoy working within..."
"We're SO happy with Dealer RE! Parker is a straight-shooter. He tells it like it is. Whatever he promises, he delivers. If it can't be done, he tells you right up front. And the whole team at DealerRE is friendly, responsive, and service customers the old-fashioned way--they actually answer the..."
"I have been working with DealerRE for quite a while now and they have been terrific! Anytime you need anything, they are very responsive and helpful. Everyone I've dealt with at DealerRE have been very nice and personable. I highly recommend them!"
"Excellent customer service! The team is very professional."
"Great staff and company to work with for your Reinsurance Company. Customer service is top notch and always willing to help make your Reinsurance Company more profitable with training just a phone call away. Highly Recommend any Dealers looking to start your Reinsurance company to get intouch with DealerRE to..."
"DealerRE is professional, friendly, and very accurate in all of their reporting!"
"After 25 years in business as a buy here, pay here dealership, I saw my write offs due to uninsured customers and low insurance settlements reach an unacceptable level. I looked at several different programs, and felt that DealerRE offered the best solution for my business. After my first year,..."
"Excellent team of reinsurance professionals! has been a pleasure to work with"
"A great company with excellent staff that is always willing to go the extra mile to help with anything you need. Dealers you need to be on this program. It helps your customers, your dealership and yourself!"
"Tim is a good Christian man who is going to be honest with you, tell you if the program is going to work for you, and how best it will work for you. They have so many options there is something for everybody."
"We've done business with DealerRe for years and have been very happy with them!"
"“Great company to work with! I’ll admit I was skeptical when I first signed up in 2018, but looking back now, it has truly transformed my business for the better—not just for me, but for my customers as well. Parker, Taylor, and their knowledgeable staff are excellent and always very..."
"We've been very pleased with our relationship with DealerRE and assured vehicle protection."
DealerRE combines decades of reinsurance experience with hands-on support for dealers and lenders.
Founded in 1994, DealerRE brings decades of reinsurance guidance for dealer and lender programs.
We manage forms, filings, tax returns, renewals, claims support, and performance reporting.
Exceptional onboarding, staff training, and F&I development help your team implement programs confidently.
DealerRE supports over 400 dealers coast to coast with responsive, relationship-driven service.
Experienced advisors serving dealers with practical reinsurance expertise.
Founder
Tim Byrd founded DealerRE in 1994 and has spent decades helping auto dealers build stronger, more profitable F&I programs through reinsurance. Based in Southeast Virginia, he established the company with a long-term commitment to education, service, and practical dealer support. His experience spans dealer-owned reinsurance structures, profitability strategy, and program development designed to help clients reduce reliance on third-party providers. Tim's leadership helped shape DealerRE into a trusted nationwide resource for dealers seeking better control over underwriting income, claims experience, and portfolio protection. His steady focus on relationships and results continues to influence the company's approach to serving franchise, independent, and BHPH dealers.
President
Taylor Byrd serves as President of DealerRE and helps lead the company's nationwide work with dealers exploring reinsurance opportunities. He is a frequent speaker at national and state independent dealer association events and has shared insights on reinsurance through industry podcasts and educational appearances. Taylor combines strategic leadership with a strong understanding of dealer operations, helping clients evaluate how dealer-owned programs can improve profitability and control. His background includes service as a Captain in the South Carolina Army National Guard, which informs his disciplined, team-focused leadership style. At DealerRE, he works closely with dealers to create practical, growth-oriented solutions that support stronger F&I performance and long-term business value.
Vice President of DealerRE
Parker Byrd brings direct dealership experience to his role as Vice President of DealerRE. Before joining the company in 2018, he worked at two local dealerships as both an F&I Manager and Salesman, giving him firsthand insight into the daily realities dealers face when implementing profitable protection products. That background helps him connect with clients in a practical, operations-focused way. Parker also served in the Army Reserves as a CH-47 mechanic and later as a Crew-Chief, experience that strengthened his discipline and problem-solving approach. Today, he helps DealerRE clients understand how reinsurance structures can support stronger F&I performance, better customer retention, and more controlled program outcomes across modern dealership environments.
Office Manager / Controller
Heather Spruill joined DealerRE in 2013 after earning her MBA and has become a key part of the company's client support and operational management. As Office Manager and Controller, she helps ensure the administrative side of DealerRE runs smoothly, supporting clients with responsiveness, organization, and attention to detail. Her commitment to service is reflected in the way she handles communication and internal coordination, helping dealers feel supported throughout onboarding and ongoing program administration. Heather also contributes to her community through volunteer work and service with the VIADA Charity Fund as Recording Secretary. Her blend of financial knowledge, professionalism, and client care strengthens DealerRE's reputation for dependable, relationship-driven support.
VP of Business Development
Kristi Cashman serves as VP of Business Development at DealerRE, where she helps dealers identify opportunities to improve efficiency, profitability, and long-term growth through reinsurance strategies. With a background in Strategic Management and Marketing, she brings a thoughtful, business-minded perspective to client relationships and program development. Kristi is known for helping businesses clarify goals and move toward stronger performance with practical guidance and clear communication. In addition to her work at DealerRE, she is also an author and speaker, experiences that reinforce her ability to educate and connect with clients. Her focus on helping people and businesses reach their potential aligns closely with DealerRE's consultative, growth-oriented approach.
Account Manager
Brenda West brings more than 20 years of insurance industry experience to her role as Account Manager at DealerRE. She also has a financial background from working as an F&I Manager at a successful dealership, giving her a valuable understanding of both insurance operations and dealership realities. That combination helps her support clients with practical insight into program administration, dealer needs, and customer-facing processes. Brenda's experience allows her to communicate clearly with dealers evaluating reinsurance structures and ongoing account needs. Her long-standing industry knowledge, paired with a service-focused mindset, makes her a dependable resource for clients seeking responsive support and informed guidance throughout their relationship with DealerRE.
Vendor Single Interest, or VSI, is coverage that protects the lender's or dealer's financial interest in a financed vehicle when the borrower fails to maintain required insurance. It can also help cover related losses such as damage to uninsured collateral, repossession-related issues, towing and storage costs, and skip tracing expenses. In DealerRE's model, VSI is structured through dealer-owned reinsurance for profit retention.
Speak with our team about structure, compliance, and profitability.
DealerRE supports dealers and lenders across the country with remote guidance and full-service program administration.
Nationwide
Service Area
400+ Dealers
Dealer Reach
5.0 on GBP
Client Rating
Ask if DealerRE can support your dealership or lending operation.
Industry association membership and sponsorship.
Active involvement across multiple states.
Clients earned major dealer honors.
Connect with DealerRE to discuss your portfolio, reinsurance goals, and the right structure for a Vendor Single Interest program.
For immediate assistance, feel free to give us a direct call at (804) 824-9533
For immediate assistance, feel free to give us a direct call at (804) 824-9533