Collateral Protection Insurance (CPI)

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How It Works

Collateral Protection Insurance is also sometimes referred to as “lender placed” or “forced” car insurance because a lender buys it, but you as the borrower pay for it. This can happen as a result of the borrower neglecting to get insurance or if your insurance documentation is invalid at the time you show proof of insurance. This type of insurance could also come into play when a borrower has a loan on a vehicle and either cancels or lapses the insurance coverage on that vehicle. Because lenders want to protect their interest in the asset, the law allows them to buy this insurance on your behalf. The policy covers the vehicle up to the amount of the loan and legally forces you to pay for it.

Get in Touch

Speak with our partners at Allied Insurance to find out more.
Call 800.998.0763

Proof of Insurance

In certain cases, Allied Solutions will require you to submit proof of insurance. To do so, simply click the button below.

Submit Proof

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Green Insurance Agency

The CommunityAmerica Insurance Agency is committed to operating a sustainable, green business. To do our part in our community, we also contribute to a number of local environmentally friendly organizations.   
Get the Scoop

Insurance products may be sold through CommunityAmerica Insurance Agency, LLC, a wholly owned subsidiary of CommunityAmerica CUSO One, LLC and a licensed insurance agency in Missouri and Kansas. Insurance products:


Are Not Federally Insured

Involve Investment Risk

May Lose Value

Are Not Obligations or Guaranteed by the Credit Union