Blanket & Self-Insurance vs. CPI
A No-Nonsense Guide to Choosing the Right Program for Your Financial Institution’s Portfolio
How can lenders best protect their collateral, reduce expenses, and support healthy auto and mortgage loan growth? Growing economic uncertainty and a variety of other factors are leading more lenders to reassess their appetite for risk so they can evaluate and implement programs that protect their portfolios against growing uncertainty as well as find cost savings that can be redistributed to borrowers.
This guide offers a clear and simple look at how self-insurance, blanket, and collateral protection insurance (CPI) programs compare, the relative advantages and disadvantages of each, and how to assess which type of program is best for your organization.