Jan 27, 2026 · Collateral protection insurance — or CPI — is a type of car insurance purchased by your lender to protect your vehicle if you don't have the required amount of insurance coverage.

Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions.

Jul 31, 2025 · Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance. CPI coverage typically focuses on physical damage. Avoiding …

For over 50 years, State National has offered proven portfolio protection solutions. As the nation’s premier collateral protection specialist, we are the provider of choice for lenders nationwide.

With a loan portfolio of any size, verifying and tracking insurance can be burdensome. That’s where collateral protection insurance (CPI) can help reduce your financial institution’s portfolio risk.

Dec 1, 2025 · Sometimes referred to as forced car insurance or lender-placed insurance, collateral protection insurance is enacted when an individual who takes out an auto loan fails to adequately …

Apr 3, 2025 · What is Collateral Protection Insurance? Collateral protection insurance (CPI) is a type of insurance that helps protect lenders' interests in the event that a borrower fails to maintain …

Mar 20, 2025 · Collateral Protection Insurance (CPI) is a policy that lenders place on a borrower’s vehicle when the borrower fails to maintain the required insurance coverage.

Feb 19, 2025 · Lenders require collateral protection insurance (CPI) to safeguard their financial interest in a vehicle or property when a borrower fails to maintain adequate coverage.

Feb 5, 2026 · Learn how collateral protection insurance (CPI) works, what it covers (and doesn’t), why it’s expensive, how lenders add it to loans, and how to cancel it fast.