St Louis Community Credit Union’s loan agreements require that the collateral securing auto loans be continuously covered by full coverage insurance (comprehensive and collision), with a maximum deductible of $1,000, during the entire term of the loan. Additionally, sufficient homeowner’s insurance coverage is required on loans secured by real estate.

Collateral Protection Insurance (CPI) becomes necessary when a member does not provide appropriate proof of the mandatory insurance coverage. CPI is not a substitute for standard insurance, does not meet Missouri’s insurance requirements and generally carries higher premiums than insurance you can purchase on your own.

ESA is the provider of CPI for St Louis Community Credit Union.

If CPI is applied to your loan, and you would like to provide acceptable proof of the required insurance, you may do so by clicking here.