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Credit Property Protection
- Credit Unions
- Finance Companies
- Auto Dealers
Protect your consumers' collateralized property in the event that it's stolen or damaged.
Our credit property program pays to repair or replace your consumers' damaged or stolen personal property serving as collateral. This elective coverage has a $0 deductible and is applicable for a wide selection of personal properties, such as vehicles, appliances, furniture, musical instruments and other household goods.
This coverage protects vehicles and personal property from the following:
Collision, derailment, overturning of vehicle or collapse of bridge, while being transported by land conveyances
Fire and lightning
Flooding or rising water caused by rising navigable rivers or streams, and overflowing or breakage of boundaries of lakes or streams (excluding tidal action or wind-driven water, unless the entry of the water is attributable to an opening in the premises caused by a covered peril)