Miniter Group | Collateral Protection Insurance
Use force-placed insurance to protect your vehicle portfolio with proven collateral protection insurance techniques.
collateral protection insurance, CPI, vehicle skip tracing,
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Collateral Protection Insurance



  • Broad Dual Interest Coverage
  • Low cost to lender
  • Requires borrower vehicle insurance tracking
  • Highly regulated
  • Common name is CPI or force-placed vehicle insurance



Coverage Description


Collateral Protection Insurance is used to transfer physical damage, theft and other coverage associated with consumer and commercial vehicles that are typically contained in a Personal or Business Auto Policy (PAP, BAP).  Collateral Protection Insurance Policies are dual interest policy meaning that both the borrower will have most coverages under the policy.





Collateral Protection Insurance is a master policy which is issued to the lender.  Coverage is placed on loan collateral when a Notice of Insurance (NOI) is issued for the policy.  Premium is billed to the lender who directly passes the premium charge to the borrower per their loan agreement.  Limits and deductibles are underwritten to the requirements of the particular portfolio.  Lender coverages are available and include various repossession expense reimbursements and skip tracing.  These coverages must be paid by the lender.  Once we understand the risk profile of your portfolio, the Miniter underwriting team will select from many of the physical damage and lender optional endorsements to customize the policy to maximize coverage at the lowest applied cost.





This policy form uses Notice of Insurance certificates (NOI) so software technology is required to efficiently place, monitor and invoice for these certificates.  In addition, regulatory requirement require lenders to follow NAIC notification and billing procedures.  Miniter’s offers three different delivery systems technology listed below along with the claims processing system that will be used to report a loss.



How Does Working With Us… Work?


The four items below provide you with a glimpse into the different types of services you can choose from to insure your loan portfolio against risk.

Outsourcing Your Tracking to Miniter (OST)

When you choose Miniter as your outsourced insurance tracking partner, we ensure compliance by following carefully designed and vetted processes, and employ a Borrower-CentricSM approach.  This means we treat your borrowers (or, your members, in the case of credit unions) like you treat them.

Learn More About OST Through Miniter

Write Your Own (WYO)

Our WYO solution is a web-based insurance placement system that is designed to integrate into a lender’s existing insurance tracking system workflow. WYO is an easy-to-use system that automates the placement, cancellation, billing, and compliance notifications associated with force-placing insurance.

Learn More About Our WYO Service

Track Your Own (TYO)

You wish to track insurance in house, but your information systems are not up to the task? Miniter’s Track Your Own insurance tracking solution may be the right fit. This system provides the full functionality of our outsource insurance tracking technology in your loan servicing department.

Learn More About Our TYO Service

Claims & Lien Holder Services

Claims service is critical to the operational efficiency of transferring collateral risk.  Miniter Group has invested in state-of-the-art claims processing for commercial, residential and vehicle claims.  In addition, we offer debt cancellation claims processing services to increase your per-claim recovery and reduce your net charge-offs.

Learn More About Our Claims & Lien Holder Services