Upcoming Industry Events

December 4-7

CUES Directors Conference - Las Vegas, NV


December 6-8

LSCI University of Lending - Online/Schaumburg, IL


January 11

LSCI Loan Decisioning Boot Camp - Online


January 12

LSCI Credit Card Strategy - Online


January 24

WI CUL State GAC - Madison, WI


January 24

LSCI Branch Manager Workshop - Online


January 30-31

TN CUL Annual Legislative and Regulatory Forum - Nashville, TN

Industry News

Two-thirds of Insureds Don't Know What Their Homeowners' Policy Covers - Survey

Goosehead Insurance, a Texas-based independent personal lines agency, surveyed more than 2,000 US homeowners and revealed that 65% of Americans "have no idea" what their home insurance policy fully covers. Nearly half have had a claim denied because they didn't have the proper coverage. The survey showed a disconnect between what insureds believe is covered and what is actually covered:

  • Thirty-two percent think flooding from a storm is covered
  • Twenty-nine percent believe problems with the home's foundation are covered
  • Twenty-seven percent believe termite damage is covered
  • About seven in 10 Americans admitted they don't understand common insurance terms


Read Full Article

insurancebusinessmag.com

The Best Car Insurance Companies Based on Cost, Coverage, and Service

Insuring a vehicle can be costly but it can save you tens of thousands of dollars in case of damage or theft. The ideal car insurance company combines good coverage, reasonable rates, and excellent customer service. Here are the top insurance companies for these five categories, according to CNBC Select:

  • Best overall: Geico
  • Best for wide coverage: Nationwide
  • Best for customer satisfaction: State Farm
  • Best for discounts: Farmers Insurance
  • Best for military members and veterans: USAA


Read Full Article

cnbc.com

Highlights

Raving Fan Review of the Month!


"Awesome Service!"


Jennifer Medrano

Shell FCU


See what other Raving Fans are saying about ISI!

Missouri Tigers vs. University of Tennessee Tailgate & Football Game

We had fun watching our local University of Tennessee Volunteers have a winning football season this year! The spirit was high across Knoxville so we hosted a tailgate and gave out some football tickets. Thank you to everyone that joined us!

December Holidays, Fun Facts, and Folklore!


The month of December brings many holidays, feasts, and happenings! Learn all about the 12th month on the calendar, a short history, and what the month is known for!


Everything You Need to Know about December

almanac.com

Unfortunately, not all borrowers will fulfill their loan agreement to purchase insurance. To help reduce your risk of loss, the best time to collect any insurance information is at loan closing.


According to the Insurance Research Council, approximately one in eight drivers in America take the road without car insurance. The Insurance Information Institute (III) states that laws have proven to be ineffective in reducing the number uninsured drivers. Some drivers cannot afford insurance and some don't want to pay high premiums that resulted from a poor driving record. Getting any insurance information from your borrower at loan closing is good practice to help reduce your loss risk.

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Contact Info:


Phone: 800-749-5440

Email: management@isicpi.com

Website: insurancesystemsincorporated.com

Website: isicpi.com

ISI is an administrator of Collateral Protection Insurance (CPI) and Blanket Lenders Single Interest (BLSI) for financial institutions. We provide insurance, lending, and marketing products to the financial institution marketplace. Our mission is to deliver the best products and services in the industry through responsive service, comprehensive coverage, and advanced technology. We combine the lender's vision and our proven plan to create a portfolio that matches the lender's needs for a successful program and partnership.