Blanket Lenders Single Interest (LSI or VSI)
Offered by Lee & Mason Financial Services, Inc.
Description
Features:
Uninsured Physical Damage Coverage: Protects the lender from uninsured damage or theft of the loan collateral, occurring before or after repossession.
Skip & Confiscation: Covers the lender against loss of collateral when borrower and vehicle cannot be located or when the vehicle has been seized by a public authority.
Security Interest Non-filing: Protects the lender from a lien filing error or omission preventing repossession and sale of the collateral.
Covers all types of consumer loan / lease collateral: Autos, Vans, Light Trucks, Motorcycle, RV, Watercraft, Mobile Home, Other Property; also Commercial Vehicle/Equipment coverage available.
High Limit of Loss: $50,000; $100,000 or higher as needed.
Zero Deductible; with deductible options to reduce premium rate.
Assumption of Coverage: entire loan portfolio covered with no upfront premium
Optional Coverages:
Broad Form Skip (Collateral Locate); Repossession Expense Reimbursement; Mechanic’s Lien Coverage; Towing & Storage Expense; ACV Plus (Settlement above guidebook value), etc.
Uninsured Physical Damage Coverage: Protects the lender from uninsured damage or theft of the loan collateral, occurring before or after repossession.
Skip & Confiscation: Covers the lender against loss of collateral when borrower and vehicle cannot be located or when the vehicle has been seized by a public authority.
Security Interest Non-filing: Protects the lender from a lien filing error or omission preventing repossession and sale of the collateral.
Covers all types of consumer loan / lease collateral: Autos, Vans, Light Trucks, Motorcycle, RV, Watercraft, Mobile Home, Other Property; also Commercial Vehicle/Equipment coverage available.
High Limit of Loss: $50,000; $100,000 or higher as needed.
Zero Deductible; with deductible options to reduce premium rate.
Assumption of Coverage: entire loan portfolio covered with no upfront premium
Optional Coverages:
Broad Form Skip (Collateral Locate); Repossession Expense Reimbursement; Mechanic’s Lien Coverage; Towing & Storage Expense; ACV Plus (Settlement above guidebook value), etc.
Details
Has Pen
Offered By
Availability 50 states
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Covered
Not Covered
Share This Listing
Contact This Company
