Reynolds and Reynolds recently released the Reynolds LAW F&I Library to help dealerships in three more states.

The comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents now can be used by dealers throughout Wyoming, Hawaii and Indiana.

“Dealers will continue to face growing expectations from consumers for a more engaging and smoother car-buying experience,” said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services.

Using standard documents written in consumer-friendly language can help to create a clearer, more consistent, and more efficient F&I process for the F&I manager and for the consumer,” Kirwan continued. “And, because of those improvements to the overall F&I process, the overall consumer experience with the dealership can be improved.”

Kirwan also noted that because regulatory scrutiny is an ongoing concern for dealers, the LAW F&I Library is a tool to help dealers meet compliance obligations and manage risk. The documents in the library are regularly reviewed for legal sufficiency with the latest automotive regulations by Reynolds' industry-leading forms specialists alongside Reynolds' outside legal partners.

The printed documents in the LAW F&I Library also are available in a digital format, which can help facilitate the conversion to laser-printed transactions and e-contracting. Reynolds Document Services maintains licensing agreements with all major providers of electronic F&I (e-F&I) solutions.

Now along with Wyoming, Hawaii and Indiana, Reynolds has libraries for:

— Alabama
— Arizona
— Arkansas
— California
— Colorado
— Idaho
— Illinois
— Kentucky
— Louisiana
— Maryland
— Massachusetts
— Michigan
— New Jersey
— New Mexico
— North Carolina
— Ohio
— Oregon
— Pennsylvania
— Tennessee
— Texas
— Virginia
— Utah
— Washington
— West Virginia