Collateral Protection

If you fail to obtain or maintain your own insurance on a vehicle financed at ASFCU, your credit union may purchase insurance to protect our interest in your collateral; this insurance is referred to as Collateral Protection Insurance or CPI.

The cost of this insurance will be considerably more than the cost of insurance you may be able to obtain on your own. If you have recently added coverage or have changed insurance companies, you may update your records with the credit union at www.myinsuranceinfo.com.