Insurance dilemmas intensify again for repossession industry

Wrongful repossessions already burdened the industry, and it’s an issue that intensified since the pandemic began. With insurance companies already wary of absorbing too much liability, the repossession industry is again getting squeezed to secure coverage.
Mike Peplinski, vice president of the Harding Brooks Insurance Agency, appeared on the Auto Remarketing Podcast for a frank discussion about the growing challenges of repossession agencies having adequate insurance.