YCDB Blog



The YCDB family recently received the shocking news that J.R. Olsen Bonds, a 30-year prominent player in the California auto dealer bond and insurance industry, is no longer in business. J.R. Olsen Bonds had once been a leader in the surety bond arena, writing well over $1M annual premium. Yet, an unfortunate gap went unfilled…

A record number of used car dealers forego purchasing car dealer insurance, especially during times of economic instability because they believe it is unnecessary or too expensive. But neither of these beliefs are true.   There are also various myths centered around this type of coverage. Some of the common misconceptions about car dealer insurance…

Auto Dealers Insurance Program

I’m willing to bet that you have one of or all these 3 challenges with your current Used Auto Dealer Insurance Program: Your annual premium is too expensive You are not sure how your coverages work and where you are self-insuring your dealership risk Your insurance broker is not capable or willing to help educate…

Attention Dealers: This is a free resource of the California Used Car Dealer Insurance Buyer’s Guide, version 2.0.  Future refinement and / or additions will be incorporated as appropriate.  We ask that you please review it in its entirety. Buyer’s Guide Topics: Used Car Dealer Insurance of California Buyer’s Guide Operating without a Dealer Insurance…

California Dealer Insurance

Here’s a real issue that impacts Retail Auto Dealers and Wholesalers across America. In large economical states like New York and California, maintaining focus can be a job in itself.      How Shiny Object Syndrome affects Wholesalers and Retail Auto Dealers Concern A good majority of California used car dealers experience resistance in…

Car Dealer License

If you are having issues receiving your Car Dealer License in California or simply curious about the process, then you are in luck because licensing is one of our specialties! In this post you will find a comprehensive and strategic resource to move you closer to pursuing your California Auto Dealer License. The names that…

    As one of America’s top leaders in the Dealer Bond industry, YCDB is dedicated to helping the dealer in you.  YCDB has developed a Resource Center specifically for California used car dealers.  This Resource Center is a free repository of quality information that is tailored to all retail auto dealers, wholesalers, and auto…

Here is a true story that I recently heard from a used car dealer customer in the Sacramento, California area. For the sake of not exposing this person’s identity, I’ll conceal the specific details, but the story is important and should be taken into consideration if you are a used auto dealer. Mike Ramos President,…

Car Dealer Bonds at a deep discount!!

One of the most complex and overwhelming parts of getting or keeping your DMV license relates to car dealer bonds. The reason is usually due to the dealer’s credit or citizenship status.   There are plenty of moving parts for a Used Car Dealer regardless of how many years they have been in business or…

Your Car Dealer Bond Videos for the Surety Bond Auto Dealer help optimize your business. Our videos show how to reduce monthly overhead or liability exposure while increasing sales.   What is a Surety Bond for Used Auto Dealers? Published on August 7, 2018 by Mike Ramos One of the most common questions I get…

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