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. You'll pay more for ...
Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance. CPI coverage typically focuses on physical damage, including collision and ...
To cater to different lending scenarios, CPI comes in two primary forms: dual-interest insurance and single-interest insurance. Each type offers distinct features and advantages. In dual-interest ...
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