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: August 13, 2004
                        (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
of 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 August 13, 2004, DCAP Group, Inc. issued a press release  announcing (i)
its financial  results for the fiscal quarter ended June 30, 2004, and (ii) that
it is effecting a one-for-five  reverse split of its common shares  effective as
of the close of  business  on August 25,  2004.  A copy of the press  release is
furnished as Exhibit 99.1 hereto.

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

       (c)  Exhibits

            99.1   Press Release, dated August 13, 2004, issued by DCAP Group,
                   Inc.






                                   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:  August 13, 2004                     By: /s/ Barry Goldstein
                                                ------------------------------
                                                Barry Goldstein
                                                Chief Executive Officer