Collateral Protection Insurance

AMFL CPI

What is CPI ?

A Collateral Protection Plan (CPI) is physical damage coverage that will cover the cost of the vehicle in the event that you are involved in an accident.

What are the Benefits of Having CPI

  1. Quick and easy claim approval.
  2. Your premium does not go up.
  3. Does not matter if you are at fault.
  4. Enjoy peace of mind knowing that your car is protected every single day.
  5. Save thousands on your repair bill.
  6. Have your vehicle back on the road!

What Does $25 a Week CPI Cover ?

  • At fault accidents
  • Fire
  • Lightning
  • Flood
  • Wind
  • Hail
  • Tree Damage
  • Animals
  • Hit and Run
  • Vandalism
  • Debt Forgiveness
  • Rental Reimbursement
  • Ridesharing

($45 per day up to $500 total Credit towards loan account)

Does CPI Cover Liability Insurance ?

NO, CPI will only cover the cost of the vehicle in the event of an accident.  You are required to have liability insurance in Florida, which covers the cost of the other party in an accident.

Debt Forgiveness

This means that in the unfortunate event of an accident that results in a total loss; CPI will cover the remaining due balance on the vehicle, and the account will be completely paid out. Similar to a Gap Insurance at no additional cost.

FINANCING

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How to Set Up CPI?

  1. Click "ENROLL IN CPI" below and an account representative will contact you within 24 hrs.
  2. Call your auto insurance company to set up liability coverage only.
  3. $25 a week will be added to your Car payment.

How to File a Claim?

  1. Click “MAKE A CLAIM”  below or call your account representative.
  2. Provide accident details, pictures and police report
  3. CPI will have your vehicle towed to an Authorized Dealer to get an evaluation.
  4. Pay $500 deductible
  5. Pick up your vehicle after repairs are completed.
  6. If your car was deemed totaled, CPI will cover the remaining due balance on the vehicle, and the account will be completely paid out.

How to Set Up CPI?

  1. Click "ENROLL IN CPI" below and an account representative will contact you within 24 hrs.
  2. Call your auto insurance company to set up liability coverage only.
  3. $25 a week will be added to your Car payment.

ENROLL IN CPI

How to File a Claim?

  1. Click “MAKE A CLAIM”  below or call your account representative.
  2. Provide accident details, pictures and police report
  3. CPI will have your vehicle towed to an Authorized Dealer to get an evaluation.
  4. Pay $500 deductible
  5. Pick up your vehicle after repairs are completed.
  6. If your car was deemed totaled, CPI will cover the remaining due balance on the vehicle, and the account will be completely paid out.

MAKE A CLAIM