DEALER-PROVIDED INSURANCE (CPI)
Auto City's Retail Installment contract requires that you maintain continuous comprehensive insurance. You may obtain this insurance from the dealership, provided your purchase contract does not require you to maintain your own FULL COVERAGE INSURANCE (Click here for Customer provide insurance)
BENEFITS OF CPI
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• No Down payment
• Low Premiums
• $500 Deductible
• All Drivers Included
• No DMV Check
• No License Required
• Immediate Coverage
Additional information is available here: https://autocity.freshdesk.com/support/solutions/articles/9000143624-dealer-provided-insurance
QUALIFYING FOR CPI
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Most vehicles will automatically qualify for our CPI coverage. Please ask your salesperson or account manager to determine eligibility.
Additional information is available here: https://autocity.freshdesk.com/support/solutions/articles/9000143624-dealer-provided-insurance
COST OF CPI
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INSURANCE COSTS:
Bi-Weekly Payment: $70.00
Semi-monthly Payment: $75.83
Monthly Payment: $151.66
IMPORTANT NOTE: This policy does NOT satisfy state financial responsibility laws. You MUST still purchase liability insurance from someone other than Auto City.
Additional information is available here: https://autocity.freshdesk.com/support/solutions/articles/9000143624-dealer-provided-insurance
IMPORTANT INFORMATION
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You have 14 days from the date of purchase, to provide insurance after which time, CPI will automatically be placed on your vehicle and charges will start to apply.
If you provide evidence of required insurance, and that insurance cancels or expires, Auto City may place coverage under their CPI policy effective as of the date that your policy was no longer in force.
All claims have a $500.00 deductible that must be paid to pick up your vehicle once repairs have been completed.
Our CPI policy is designed to satisfy the insurance requirement of the loan agreement and protect our interest in the vehicle securing the agreement. You may purchase your own physical damage insurance from an agent or company of your choice at any time and this coverage will be immediately canceled.
Additional information is available here: https://autocity.freshdesk.com/support/solutions/articles/9000143624-dealer-provided-insurance