Damaged Repossessions Highlight Risk to Auto Loan Collateral
Summary: Up to 97 percent of the vehicles you repossess will have unrepaired physical damage, with an
average damage amount of nearly $1,400 per vehicle. This exclusive State National study demonstrates
the impact of CPI in covering the cost of damage and reducing charge-offs.
Collectors Capitalize on CPI
Summary: Collateral Protection Insurance has proven to benefit the collection process. In this whitepaper,
illustrated by the experiences of two lenders, readers learn how CPI helps predict delinquency, reduce
chargeoffs, and speed the recovery of repossessed vehicles.
Blanket Insurance vs. CPI: Which is Right for Your Loan Portfolio?
Summary: Collateral Protection Insurance is easier to administer, less costly, and more equitable than a
blanket insurance program. This whitepaper, highlighted by the experiences of two credit unions, compares
the features of the two forms of coverage.
Non-Prime Auto, Prime-Time Risks
Summary: You know that non-prime auto loan business puts you at greater risk of unrepaired, uninsured
damage on repossessions, but is CPI right for your portfolio? This whitepaper will help you assess
the benefits of CPI within the unique makeup of the non-prime marketplace.
When is Collateral Protection Insurance Right for your Bank?
Summary: There’s more than one way to protect your auto loan portfolio against loss, but only CPI
has proven to reduce charge-offs by up to 30 percent and cost little to implement and manage. This
whitepaper outlines when CPI is right for your bank-and what you must look for in a provider.
The Critical Factor in Collateral Protection Insurance Success
Summary: To make sure your members’ assets are protected against risk, you need to choose the right
provider of collateral protection insurance (CPI). Learn how to avoid the pitfalls of the complex
CPI provider marketplace.
CPI Has Positive Impact on Indirect Lending Margins
Summary: A fundamental shift in the auto finance business has placed indirect lenders’ profit
margins under intense pressure and left little room for error. This white paper details how to make
the right choice in protecting your loan collateral.