Collateral Protection Insurance

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dev1nsan
Insurance Journal Addict
Posts: 44
Joined: Tue Sep 28, 2004 1:47 am

Collateral Protection Insurance

Post by dev1nsan »

Does any one know where I can place this business. A title loan company that wants to force place insurance on cars that they have a lien on.
aasquith
Insurance Journal Enthusiast
Posts: 11
Joined: Thu Apr 23, 2009 11:36 am

Re: Collateral Protection Insurance

Post by aasquith »

In lieu of force placing, they may want to look at a product called lenders single interest (LSI) coverage. Check out http://www.leeandmason.com/blanket_lenders.html. For an average loan, the fee is about $100 each. It is a monthly reporting form for the client. Pretty simple process... Good luck.
TheInsKid
Insurance Journal Addict
Posts: 71
Joined: Mon Apr 25, 2005 9:01 am

Re: Collateral Protection Insurance

Post by TheInsKid »

You may want to try the following;

http://www.cpiai.com
John Cornelius
jcornelius@cpiai.com
P.O. Box 568
Huntsville, TX 77342
Phone: 800-366-0036
Fax: 936- 295- 5358

Burns & Wilcox
http://www.burnsandwilcox.com.
David Price,
dprice@burns-wilcox.com.
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