Premier has a wide range of products and services available for vehicle lenders and lessors. Programs range from specialized risk management products to fee income products that can set your financial institution apart.

Creditor's Comprehensive Single Interest (VSI)
Blanket single interest insurance providing physical damage protection to a lender or lessor's entire portfolio of vehicles or other collateral. Optional coverages include skip, confiscation, instrument non-filing and more.

Creditor Placed Insurance (CPI)
Forced placed physical damage protection for a lender or lessor in the event that the borrower or lessee is not providing contractually required insurance. Programs may be manual, automated, point of loan origination or hybrid with blanket single interest.

Contingent & Excess Liability Insurance
Protects the lessor against liability exposures due to lessees who are uninsured or underinsured.

Contingent Physical Damage
Protects the lessor or lending institution in the event that the lessee's primary physical damage insurance is cancelled or is inadequate to cover the lessor's loss.

Guaranteed Auto Protection
Protects a borrower or lessee in the event of a total loss when the primary insurance settlement does not pay off the loan or lease balance.

Credit Involuntary Unemployment (IUI)
A program designed for lenders, protects lenders and their borrowers against exposures caused by a borrower's involuntary unemployment.

Residual Value Insurance
Covers the difference between projected residual values and actual values of vehicles returned to your institution at lease termination.

Vehicle Service Contracts
Provides for reimbursement of repair bills in the event of a mechanical breakdown to a part of the vehicle. Covers mechanical failure after the manufacturer's warranty has expired.

Wear & Tear Protection
Protects the lessee from uncertainty of excess wear & tear charges at lease termination.