Web-Based Auto Collateral Protection Insurance Program
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For lenders looking for an easy and economical option to protect varied vehicle and watercraft collateral, our web-based program for collateral protection is the answer. Hundreds of clients nationally rely on this compliant and secure system.
With simplified reporting and administration, you will control of their portfolio coverage needs using a proprietary and user-friendly technology platform. This is coupled with competitive insurance products from top-rated carriers, built in reporting and letter printing capabilities all backedby top-notch training, technology and support professionals.
Classes
Automobile and related collateral which could include:
Automobiles
Motorcycles
Boats
Motor Homes
Recreational Vehicles
Mobile Homes
Watercraft (under 30 ft)
Coverages
Single interest property insurance protecting the lender’s interest (Base Coverage)
Borrower coverage so that a car need not be repossessed in order for a claim to be filed (Base Coverage)
Provides protection for both the lender and the borrower on uninsured loans
Optional lender coverages are available upon request
Program Features
Lender can track internally
Easy one step ordering process via secure website
Lender can print auto letters from our online templates
Lender is extended instant binding authority
Billing invoice forwarded to lender after 30 day pending period
Simple to add and cancel
Refunds processed daily
Easily administered weekly or monthly billing
Rapid implementation process, training and help desk support