UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                          Date of Report: June 11, 2003
                        (Date of earliest event reported)


                                DCAP GROUP, INC.
                                ----------------
               (Exact name of Registrant as specified in charter)



       Delaware                         0-1665                  36-2476480
     ---------------             --------------------     ---------------------
(State or other jurisdiction     (Commission File No.)    (IRS Employer
incorporation)                                            Identification Number)


                     1158 Broadway, Hewlett, New York 11557
                     --------------------------------------
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (516) 374-7600
                                                           --------------
















Item 5. Other Events and Required FD Disclosure.

     On June 11,  2003,  DCAP Group,  Inc.  issued a press  release  (the "Press
Release")  announcing that it had received a commitment from  Manufacturers  and
Traders  Trust Company to make  available a credit  facility of  $18,000,000  to
finance its premium  finance  operations.  The  commitment is more  particularly
described in the Press Release, which is attached hereto as Exhibit 99.1.

Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits.

        (c) Exhibits.

            99.1  Press Release, dated June 11, 2003







                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                             DCAP GROUP, INC.


Dated:  June 11, 2003                        By: /s/ Barry Goldstein
                                                -----------------------------
                                                Barry Goldstein
                                                Chief Executive Officer