Collateral Protection Insurance Program (CPI)
SUI’s Collateral Protection Insurance Program provides the flexibility to help lenders reach their objectives including, reducing operating costs, uninsured losses, repossessions, and optimizing borrower acceptance.
Lenders benefit from the proven technological and operational expertise of SUI in the overall management of Collateral Protection Insurance Programs. Our representatives in claims and service areas work closely with lenders to ensure that all objectives are met.
- Motor Homes
- Recreational Vehicles
- Mobile Homes
- Watercraft (under 30 ft)
- Single interest property insurance protecting the lender’s interest
- Borrower coverage so that collateral does not need to be repossessed to file a claim
- Insurance tracking available through an automated insurance management system called InsuraTrac
- Dual and Single interest coverage available
- Simplified service administration and reporting
- Annual premiums
- Competitive rates
- Claims administered by SUI
- Programs are available for any size lender