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It is important to note that CPI typically does not include liability insurance. It only protects the car, not the driver's legal responsibility for injuries or damage to others. 🔑 Tips for a Smooth CPI Program
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Many CPI programs include tracking services that alert the dealer the moment a customer’s private policy is cancelled. It is important to note that CPI typically
Collateral Protection Insurance (CPI)—often called "force-placed insurance"—is the safety net that catches a vehicle when a borrower’s own insurance policy lapses. In the Buy Here Pay Here (BHPH) world, it’s a critical tool for protecting the dealership’s investment. 🛡️ The BHPH Survival Guide to CPI What Exactly Is It? For financial advice, consult a professional
What Is Collateral Insurance and How Does It Work? - Bankrate