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.
Evans Simpson and Associates (ESA) is the provider of CPI for St Louis Community Credit Union.
Questions?
Please contact Insurance Services by calling (800) 635-5142.
Please contact Insurance Services by calling (800) 635-5142.
What is Collateral Protection Insurance (CPI)?
St Louis Community’s loan agreements* require that collateral securing auto loans:
- Carry full coverage insurance (comprehensive and collision), with a maximum deductible of $1,000, during the entire term of the loan
- List SLCCU as the lienholder on the policy
Collateral Protection Insurance (CPI) becomes necessary when a member does not provide appropriate proof of the mandatory insurance coverage. It generally carries higher premiums than insurance you can purchase on your own.
CPI covers the loan balance only and does not meet Missouri’s mandatory automobile liability insurance requirements. If an additional CPI policy is added to your loan, your payment will increase to cover the cost of the policy amortized over a 12-month period, as provided in our loan agreement.
If insurance verification is not received, CPI premiums will be added to your loan principal.
*Additionally, sufficient homeowner’s insurance coverage is required on loans secured by real estate.