Put your current reinsurance structure next to what Elite FI would place, on your own production, over a five year writing period plus runoff. Or switch views and compare reinsurance against retro if you are still choosing between structures. Every figure is an estimate based on what you enter, not a guarantee. For an overview of the structures, see dealer reinsurance structures.
Enter your book once. It applies to both columns, because the same contracts are being written either way. What changes between the two is the cost structure sitting on top of them.
Your book — applies to both columns
= 480 per year
%
%
Cost structure — what actually differs
Current structure
Proposed — Elite FI
Admin fee per contract
$
$
Rate card $195 · 25–49 contracts/mo
Other per-contract costs
$
$
Net premium into the company
$1,253.44
$1,323.36
Other per-contract costs is clip, roadside assistance, agency commission and anything else taken out of the premium before it reaches the company. It sits on both columns because those costs belong to the product, not to the administrator. Zero it on the Elite FI side only if the tier fee below already covers them.
Net premium into the company is what the reinsurance company earns on, and it is not the same figure as the contract breakdown’s “remaining for reserve participation”. This is the amount before claims; that one is what is left after them. Claims, ceding, premium tax and program fees are taken out below, across the writing period and runoff.
The Elite FI admin fee starts from your monthly contract volume: 1–24/mo $225 · 25–49/mo $195 · 50–99/mo $175 · 100+/mo $150. You are in the 25–49 contracts/mo band. It follows your volume down the bands until you type over it, because a program is quoted on more than volume and a rate card is where that conversation starts rather than where it ends.
Proposed structure advantage
$83,904
estimated pretax over the writing period and runoff — about $8,390 a year
Current $1,455,128Elite FI $1,539,032
Estimated pretax gain
Current
Elite FI
Difference
Writing years 1 to 5
$1,038,924
$1,098,356
+$59,432
Runoff
$416,204
$440,676
+$24,472
Total
$1,455,128
$1,539,032
+$83,904
Underwriting profit
$1,353,715
$1,429,229
+$75,514
Investment income
$150,413
$158,803
+$8,390
Estimated pretax gain by period
CurrentElite FI
Cumulative pretax
Elite FICurrent
Year by year
Line
Year 1
Year 2
Year 3
Year 4
Year 5
Runoff
Total
Earned premium
$114,691
$326,429
$538,166
$635,213
$635,213
$926,352
$3,176,064
Underwriting profit — current
$48,884
$139,132
$229,380
$270,743
$270,743
$394,834
$1,353,715
Underwriting profit — Elite FI
$51,611
$146,893
$242,175
$285,846
$285,846
$416,858
$1,429,229
Investment income — Elite FI
$5,735
$16,321
$26,908
$31,761
$31,761
$46,318
$158,803
Expenses — Elite FI
$8,500
$4,500
$4,500
$4,500
$4,500
$22,500
$49,000
Pretax gain — current
$45,816
$150,091
$250,366
$296,326
$296,326
$416,204
$1,455,128
Pretax gain — Elite FI
$48,846
$158,714
$264,583
$313,106
$313,106
$440,676
$1,539,032
These figures are estimates. They are based on the inputs above and are not a guarantee of results. Actual performance depends on claims experience, reserves, product mix, pricing, fees, and the structure you choose. Review any structure decision with qualified tax, legal, accounting, and reinsurance professionals.
The estimator mirrors the same pro forma model our team uses with dealers. Premium written on F&I contracts earns out over the length of the contract term rather than all at once, so the early years show less earned premium than the years that follow. Claims are estimated from your loss ratio, the reserve earns investment income, and fees and premium tax are applied where they exist.
In the comparison view, both columns run the same reinsurance calculation on the same book. Your volume, premium, loss ratio, term and investment rate are entered once and apply to both, because they describe the same contracts either way. What differs is the cost structure sitting on top: the per-contract administration fee above all, plus premium tax, ceding, and program expenses. Net premium into the reinsurance company is gross premium minus the admin fee, so every dollar off that fee is a dollar more of underwriting profit compounding across the horizon.
An estimate built on a few inputs is a useful starting point, but it cannot capture everything that drives results. Claims performance, reserve structure, product mix, administrative fees, and the specific structure all matter, and small differences compound over a multi year program.
That is why the figures here are estimates rather than promises, and why the comparison view isolates the cost structure rather than assuming a better loss ratio. A custom pro forma built on your actual production and statements is far more precise, and it is the right basis for any decision. If you want to understand the costs in a current program first, the reinsurance transparency page includes a cost worksheet, and the contract breakdown tool shows where a single contract’s premium goes.
FAQ
Frequently asked questions.
What does the Reinsurance Performance Estimator do?
It runs two pro formas side by side on your own production. The default view compares your current reinsurance structure against an Elite FI proposal, reinsurance against reinsurance, so you can see what the difference in cost structure is worth over a five year writing period plus runoff. A second view compares reinsurance against a retro profit participation program if you are still choosing between the two. It can come out either way, and it is meant to: a dealer whose current cost is already lower will see that said plainly. Every figure is an estimate, not a guarantee.
Why is only the cost structure different between the two columns?
Because that is the honest comparison. Your contract volume, premium, loss ratio, term and investment rate describe the same book of business under either structure, so they are entered once and mirrored into both columns. What differs between programs is the cost sitting on top of that book: the administration fee, the other per-contract costs, and the taxes, ceding and program fees behind the advanced toggle. Isolating cost is the point, and it is also the limit: it shows what the cost is worth and nothing about the structure the reserves sit in, which is the part a review is for.
How is the Elite FI admin fee set?
It starts from volume. The per-contract administration fee steps down as monthly contract count rises, across four bands from 1 to 24 contracts a month through 100 or more, and the estimator applies the band your entered volume falls into and shows which one it used. It is a starting point rather than a quote: the field is editable, so if you have been quoted a different figure you can enter it, and the card rate stays visible underneath with a way back to it. A real program is priced on more than contract count.
Are these numbers guaranteed?
No. Every figure is an estimate based on the inputs you provide. Actual results depend on claims experience, reserves, product mix, pricing, fees, and the structure you choose. The estimate is a starting point for a conversation, and final decisions should be reviewed with qualified tax, legal, accounting, and reinsurance professionals.
What is the runoff period?
Reinsured contracts keep earning premium and paying claims after they are sold, across the length of their term. The writing period covers the years you are selling new contracts, and the runoff period covers the tail as the last contracts finish earning. The estimator includes both so the picture is complete.
What is the difference between reinsurance and retro?
Reinsurance means the dealer owns or participates in the company that holds the reserves and keeps the underwriting profit and investment income. Retro is a profit participation agreement where the dealer shares in profitability after claims, without forming a company. Switch the estimator to the structures view to see both on your numbers, and read more on the Retro and CFC pages.
How accurate is the estimate?
The engine mirrors the same pro forma model Elite FI uses internally, including the pro-rata earn-out of premium over the contract term, and the comparison view is the same calculation our team runs in the CRM. It is accurate for the inputs given, but it uses simplifying assumptions. A custom review using your real production and statements is the right next step.
Review fees, claims, and net premium like an owner.
The real numbers
Request a custom pro forma.
Send us the estimate you just built. We will receive the figures you entered along with your contact details and follow up to model your store on its actual production, across every structure side by side.
