Vendor Single Interest (VSI) - Blanket Vendor Single Interest Insurance (VSI), sometimes called Blanket Single Interest is an insurance product that has proven its value-proposition to automobile financers since 1972. The benefit to the lender is a reduction of net charge-offs from 7% to 17%. The lender is reimbursed when a delinquent borrower’s collateral is repossessed and there is either uninsured physical damage or the collateral is unrecoverable (skip).
Collateral Protection Insurance (CPI) - Miniter Collateral Protection Insurance (Miniter-CPI) is our second generation web-based system that is designed for lending institutions that are looking for a simple to use collateral risk transfer solution that automates the insurance tracking process while at the same time protecting their customer relationships.
Guaranteed Auto Protection (GAP)- GAP Insurance provides protection from the financial loss that may occur when there is a difference between the actual cash value and the loan or lease balance at the time of a theft or total loss.
Dealer Protection Program (DPP) - Miniter-DPP is a creditor placed automobile insurance program that is designed for dealer-based specialty (sub-prime) finance companies. The product combines two collateral risk solutions into one easy to use, internet-based insurance program.
