Collateral Protection Insurance provides commercial collision coverage for the dealer / lender when the car buyer allows his personal auto insurance policy to lapse. This force-placed insurance is customer funded, and if your dealership finances 35+ vehicles per month, your CPI program could turn into a new profit center. If you are not familiar with this type of program, call us to set up a meeting. There is nothing to buy so there's no obligation!
In-house financing is a risky business. It can also be extremely profitable. Asset and loan protection affords BHPH dealers the peace of mind to operate a viable in-house financing program without the risk of a catastrophic loss portfolio.
Midwest GPS & Warranty partners with multiple insurance companies. We will work on your behalf to customize a CPI program that offers you the protection you need. Blanket policies such as VSI / LSI are also available.
Call or text us at 513-549-7296 or send an email to firstname.lastname@example.org to inquire about our BHPH insurance options.