FREQUENTLY ASKED QUESTIONS

WHAT iS Hybrid CPI

The firm was founded in 1997 and later acquired by Synaptic Resources, Inc. in 2012.  We have offices in Chicago and Indianapolis.

  • AUTO
  • HOME
  • CONDO
  • MOBILE HOME
  • SOLICITATION OF EXPOSED BORROWERS 

         

VOLUNTARYinsurance

Lender

insurance solutions

  • HYBRID CPI
  • VENDORS SINGLE INTEREST
  • COLLATERAL PROTECTION INSURANCE
  • POINT OF SALE COVERAGE

         

welcome

  • AD&D
  • DISABILITY
  • GAP
  • EXTENDED SERVICE CONTRACTS
  • WHEEL & TIRE
  • REINSURANCE

        

ADD-ON PRODUCTS

Our mission is to provide services and insurance products to auto lenders enabling them to increase profitability

  • VARIABLE NOTIFICATION CYCLES
  • FULL CUSTOMER SERVICE
  • MON - SAT CUSTOMER SERVICE

          

Insurance Tracking
PORTFOLIO COVERAGE

Synaptic Resources engineered a unique product that merges the best of insurance tracking, CPI, and VSI coverages to form a low-cost insurance for lenders to protect their collateral.

Synaptic Resources, Inc. Products and services

Are all the loans in my portfolio covered?
  • The Lender determines the coverage penetration

What is the best product for my portfolio?

  • Let us work with you to build a "best-fit"       solution for your organization

Do I have to repossess the vehicle to file a CPI claim?

  • CPI and VSI protect the Lender's interest in the collateral, therefore the vehicle does need to be repossessed

Do your programs provide liability insurance for borrowers?

  • ​No, we only offer physical damage coverage

Are your programs in compliance with the new CFPB regulations?

  • ​​We monitor the status of all regulations and work to ensure complete compliance