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Collateral Protection Insurance
Posted: Fri Oct 30, 2009 4:37 pm
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.
Re: Collateral Protection Insurance
Posted: Mon Nov 02, 2009 12:01 pm
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.
Re: Collateral Protection Insurance
Posted: Mon Nov 02, 2009 1:45 pm
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.