Simplify Management of Monitoring and Protecting Automobile or Commercial Equipment Interests

Managing your portfolio of automobile and commercial equipment can be very complex. If you are a lender working to monitor and protect a range of these interests, SUI has a program to make your life easier.

Highlights:

  • Removes administrative burden of monitoring a loan portfolio for insurance coverage
  • Coverage needs only to be verified at loan closing
  • Eliminates additional customer outreach and complaints
  • Customizable deductible and limit options are available
  • Competitive coverage from top-rated carriers
  • Claims category experience (collateral must be repossessed to file a claim)
  • Easy monthly reporting
  • Optional outsourced tracking program available to reduce losses

Eligible Collateral:

  • Standard VSI covers a wide range of collateral including automobiles, motorcycles, boats, jet skis, ATVS, motorhomes, and small farm equipment.
  • Commercial VSI covers collateral including commercial autos, inventory, business equipment, and farm equipment.

Available Coverages:

  • Standard VSI:
    • All Risk Physical Damage
    • Instrument Non-Filing E&O
    • Repossessed Collateral
    • Skip and Confiscation
  • Commercial VSI:
    • All Risk Physical Damage
    • Repossessed Collateral

Hundreds of clients nationwide choose to partner with SUI for their vendors single interest insurance needs. Learn why here.

Previous Post
Compliance Insights Bulletin: Special Report on Flood Insurance
Next Post
Easy, Accurate Flood Coverage with InsuraTrac from SUI
Menu