Vendor’s single interest (VSI) insurance is designed to protect lenders if an uninsured vehicle is damaged or destroyed. Learn more about the coverage options available under a VSI policy, …

Vendor’s Single Interest (VSI) insurance is an insurance policy that protects the lender of a vehicle that is being financed from loss caused by theft or a collision.

With VSI insurance, if a repossessed vehicle is uninsured and damaged, you can have the peace of mind that you won’t be at risk. Plus, skip coverage under the Vendor's Single Interest policy …

Jan 31, 2022 · Single interest insurance, also known as vendor single interest insurance or VSI insurance, protects the lender but not the borrower of home, car, or other consumer loans.

Jun 13, 2024 · Vehicle single Interest insurance, also known as VSI Insurance, is a type of insurance coverage that protects lenders and financial institutions from potential losses when …

Vendor single interest (VSI) insurance is important back-up protection for the lender when a borrower has left his/her vehicle (your collateral) uninsured. A VSI claim pays what the …

Feb 19, 2024 · Vendor Single Interest (VSI) insurance safeguards lenders against potential losses in their vehicle portfolios. This strategic solution offers many benefits but requires careful …

VSI stands for Vendor’s Single Interest insurance, and it protects the lender (you!) under multiple circumstances: Damage to the vehicle sustained when the borrower did not have the required …

VSI is a blanket vendor's single interest policy written to cover a lender's complete vehicle portfolio. It protects against the risk to certain loan collateral where the borrower has failed to …

BDC offers Vendor Single Interest (VSI), a blanket insurance policy designed to protect your dealership’s auto loan collateral, which may incur upon repossession. Learn more about how …