Protect Your Assets
With CheckMy Driver
CheckMy Driver is the only insurance verification and monitoring process that checks coverage directly with insurance carriers in real-time, providing actionable insights, meeting compliance standards, and reducing your risk.
Since coverage can be altered or canceled during the policy, CheckMy Driver monitors the policy, notifying you of changes and providing mitigation options.
+17%
30-day delinquencies on auto loan payments grew 17% year-over-year, making late- and non-payments more widespread than ever before. If your borrower or customer can’t afford to pay their loan, chances are they can’t afford their insurance either and might cancel. Monitor their policy to make sure you get protection in place immediately when their policy drops, failing to protect your business.
Why Asset Protection and Risk Management Matter
Traditional insurance verification methods often have delays and inaccuracies. CheckMy Driver connects directly to insurance companies to provide real-time, accurate data, ensuring your assets are protected.
Real-Time
Insurance Verification
We connect directly with insurance carriers to verify coverage accurately and on time, avoiding outdated information and missed risks.
Comprehensive
Monitoring
CheckMy Driver monitors your customers, giving you a complete portfolio view so you can act quickly when coverage lapses or changes, protecting your assets and managing your risk.
Fraud Elimination with
CheckMy ID
Detect and avoid fraud with the powerful combination of ID and insurance verification together during your transactions.
Easy As 1, 2, 3
Step 1
Share QR Code or Link with Customer
Step 2
Customer Verifies ID and Insurance
Embedded Insurance Options if Coverage Inactive or Inadequate
Step 3
You and Your Customer Receive Results in Less Than 2 Minutes
Ongoing
Manage Verifications in the Dashboard
60 Days
Some states give insurers up to 60 days to send ‘additional interest’ notifications, and they may not need to notify for coverage changes. Databases are also unreliable, as carriers don’t all follow the same processes to update. Only regular monitoring provides the insights you need to protect your business.
How CheckMy Driver Benefits Your Business
CPI placement is under increased scrutiny. CheckMy Driver helps you stay compliant by ensuring all insurance verifications meet regulatory standards while creating a seamless, frictionless business process.
Real-Time Results
Unlike outdated methods, CheckMy Driver provides real-time updates from insurance providers, helping you make informed decisions.
Clear Compliance Records
CheckMy Driver keeps an audit trail showing that customers were notified and given a chance to confirm their insurance, protecting you from disputes.
Protect Your Assets
Use CheckMy Driver to monitor coverage on financed vehicles, automatically enabling risk mitigation solutions when a policy is canceled or altered to be inadequate.
Streamlined Process
Our system reduces the time and effort needed for insurance verification, allowing you to focus on growing your business.
Who Uses CheckMy Driver?
Protect client assets with accurate, timely insurance verification.
Ensure continuous, real-time coverage for all loan collateral.
Auto Lenders
Reduce risk with automated compliance and verification tailored to your needs.
‘Additional Interest’ Isn’t Good Enough
Being listed as an ‘additional interest’ on a borrower’s insurance policy doesn’t cover your assets, it leaves you with gaps and more work. CheckMy Resident fixes that problem, automating insurance monitoring and providing the transparency you need.
CheckMy Driver
- Immediate Notification at Check
- Alerts for All Policy Changes
- Automated Process and Remediation
Additional Interest Notifications
- Notice Could Take More Than 60 Days
- Notifications for Limit Reductions Inconsistent
- Letters to Open, Problems to Fix
- Compliance Violation Risks
Insurance Database Alerts
- Notice of Cancelation After 60 Days
- No Notifications for Limit Reduction
- Not Available for All Carriers and States
Protection at Origination, Monitoring Through Duration
Eliminate synthetic fraud and reduce portfolio risk by verifying borrower identity and insurance at loan inception, ensuring compliance from the start.
CheckMy Driver’s automated monitoring keeps an eye on your borrower’s policy throughout the duration of the loan.
Protect Against Fraud Before It's Too Late
$7.9B
Synthetic fraud cost the auto industry $7.9B in 2023 AI has made creating fake identities simple. Identity and insurance verification pair together perfectly, virtually eliminating fraud before you risk a loss.
Schedule a Demo Today
Learn how CheckMy Driver makes insurance verification and monitoring easy!
