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: March 22, 1999
                        (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 Identification
incorporation)                                       Number)

                 90 Merrick Avenue, East Meadow, New York 11554
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (516) 794-6300

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Item 5.           Other Events.

                  The preliminary  unaudited  combined results of operations for
Dealers Choice  Automotive  Planning Inc.  ("DCAP") and its affiliated  entities
(collectively, the "DCAP Companies") for the fiscal year ended December 31, 1998
reflect a loss  before  provision  for income  taxes and  minority  interest  of
approximately  $1,400,000.  Of such  loss,  approximately  $260,000  relates  to
expenses incurred in connection with the transfer of ownership  interests in the
DCAP  Companies  to DCAP  Group,  Inc.  (the  "Company")  and  approximately  an
additional $60,000 represents interest charges with respect to loans received by
DCAP from the Company prior to the closing of the acquisition.

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                                   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:   March 23, 1999               By: /s/ Kevin Lang                        
                                          ---------------------------------
                                          Kevin Lang, President