Web-Based Auto Collateral Protection Insurance Program
For lenders looking for an easy and economical option to protect varied vehicle and watercraft collateral, Firm Serv web-based program for collateral protection is the answer. With hundreds of clients nationally who rely on this compliant and secure system, we are a leading provider to diverse auto lenders.
With simplified reporting and administration, Firm Serv software gives lenders control of their portfolio coverage needs using our proprietary and user-friendly technology platform. We couple this with our competitive insurance products from top-rated carriers, built in reporting and letter printing capabilities and back it with top-notch training, technology and support professionals.
Classes
Automobile and related collateral which could include:
- Automobiles
- Motorcycles
- Boats
- Motor Homes
- Recreational Vehicles
- Mobile Homes
- Watercraft (under 30 ft)
Coverages
- Single interest property insurance protecting the lender’s interest (Base Coverage)
- Borrower coverage so that a car need not be repossessed in order for a claim to be filed (Base Coverage)
- Provides protection for both the lender and the borrower on uninsured loans
- Optional lender coverages are available upon request
Program Features
- Lender can track internally
- Easy one step ordering process via secure website
- Lender can print auto letters from our online templates
- Lender is extended instant binding authority
- Billing invoice forwarded to lender after 30 day pending period
- Simple to add and cancel
- Refunds processed daily
- Easily administered weekly or monthly billing
- Rapid implementation process, training and help desk support
How can we help you?
Reach out to discover the possibilities for your business.
