Provide Proof of Insurance
Did you receive a letter requesting proof of full coverage auto or homeowners insurance listing St. Louis Community as the lienholder?
You can now either manually enter your insurance information, or scan and upload documents from your smartphone or home scanner. Save a trip to the Credit Union by providing your insurance information directly through this secure portal.
What is Collateral Protection Insurance (CPI)?
St Louis Community’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.