Miniter Group’s Complete Guide to VSI Insurance

Miniter Group’s Complete Guide to VSI Insurance

Take a deep dive into VSI insurance from the eyes of a 20 year veteran who has underwritten VSI for some of the largest indirect vehicle lenders in the country. Vender Single Interest Insurance history, how it works, proper underwriting and benefits to the lender will be covered in great detail. Are you considering VSI Insurance? If so, this is a must read!

An Insider’s View to GAP Claims Payments

An Insider’s View to GAP Claims Payments

Vehicle Solutions Introduction to GAP Claims Processing Indirect lenders across the country are required to finance the price of their dealer’s GAP contracts and provide the associated GAP Claim Processing.  These contracts are considered debt cancellation...
Miniter Group’s Complete Guide to VSI Insurance

The Changing Landscape of Vehicle Portfolio Insurance

Prior to 2014, our claims data has shown Vendor Single Interest Insurance’s physical damage losses accounted for 90.5% of collateral losses, while skip losses made up the remaining 9.5%. However, Vendor Single Interest Insurance skip claims payments now represent 53 percent of total VSI Insurance payments up an incredible 550 percent since 2015. If you are experiencing higher than normal skips, this article will provide industry skip tracing data from on of the largest Vendor Single Interest Insurance providers in the country.