Vendors Single Interest

SUI’s Vendors Insurance Program helps lenders looking to simplify the management of monitoring and protecting varied automobile or commercial equipment interests.

This coverage offers customizable blanket protection from top-rated carriers and is an alternative to lender placed insurance that is administrated at the point of loan origination. Most states allow for this coverage to be passed onto the borrower adding ease of processing and payment collection. Borrowers can benefit from a reduced or eliminated charge-off for the balance of the loan additionally.

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