Because borrowers can fail to provide required insurance on automobiles and other types of loan collateral, banks, credit unions, and other financial institutions count on Collateral Protection Insurance (CPI) to safeguard their financial interests. CPI is the most equitable risk management option for both lenders and their borrowers because it is the only option that holds uninsured borrowers accountable and imposes no additional costs on compliant borrowers.

In order to maximize service, optimize communication, and minimize program costs, it is important that lenders do business directly with a CPI provider, rather than through a broker or other middleman who only adds unnecessary cost to the equation. Additionally, because CPI is a highly specialized product, it is critical that the company you choose to provide this protection has the proven strength, stability, and experience to respond when loss occurs.

While many companies offer CPI, only one company specializes in it: State National Companies. We are a complete source for collateral protection and the proven industry leader, with clients coast to coast.

State National’s customized insurance products provide protection for many of the country's leading lending institutions. One of the largest national suppliers of Collateral Protection Insurance, we also offer Guaranteed Auto Protection, Debt Protection, Credit Insurance, Mortgage Program and Extended Warranty.