{"id":1054,"date":"2022-09-12T15:09:49","date_gmt":"2022-09-12T21:09:49","guid":{"rendered":"https:\/\/www.iccu.com\/?page_id=1054"},"modified":"2026-01-29T16:24:22","modified_gmt":"2026-01-29T23:24:22","slug":"update-information","status":"publish","type":"page","link":"https:\/\/www.iccu.com\/insurance\/auto\/update-information\/","title":{"rendered":"Update Your Vehicle Insurance Information"},"content":{"rendered":"\n
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Frequently Asked Questions<\/h2>\n
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Why do I need to verify my insurance through a site called MyInsuranceInfo? <\/svg><\/span><\/p>\n

We partner with MyInsuranceInfo to ensure that our members have a simple and secure way to keep their insurance information updated. To learn more about MyInsuranceInfo, see their quick guide<\/a> or contact them at 800-998-0762.<\/p>\n <\/div>\n

\n

Why did I receive a letter asking me to verify my auto insurance? <\/svg><\/span><\/p>\n

We generally send verification letters for one of six reasons:\r\n1.\tYou took out a new loan or refinanced your existing loan\r\n2.\tYou removed any of the required coverage from your policy\r\n3.\tWe received a cancellation from your current insurance company\r\n4.\tICCU wasn\u2019t listed as a lienholder on your insurance policy\r\n5.\tYour insurance expired\r\n6.\tThis is a standard insurance re-audit\r\nYou can learn more on our partner\u2019s website<\/a> or by calling our help number at 1-800-456-5067<\/p>\n <\/div>\n

\n

How long will it take me to verify my insurance? <\/svg><\/span><\/p>\n

Our partner MyInsuranceInfo make the process quick and easy \u2014 most people complete it within 5 minutes. To expedite the process, make sure you have your insurance policy and loan agreement on hand.\r\nOnce your insurance information is received, you\u2019ll get a confirmation email. After that, we\u2019ll verify your documents within 3 business days and reach out to you if we need more information. <\/p>\n <\/div>\n

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How do I know I have the right coverage? <\/svg><\/span><\/p>\n

You can find the exact requirements on your loan agreement documents. If you\u2019d like help, feel free to call our help line at 1-800-456-5067.<\/p>\n <\/div>\n

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What should I include on my insurance policy? <\/svg><\/span><\/p>\n

You must include 6 specific items:\r\n1.\tICCU, control #1994, as LIENHOLDER\/LOSS PAYEE PO Box 58608, Tukwila WA 98138\r\n2.\tComprehensive and collision coverage on your vehicle with deductibles below $1,000.\r\n3.\tCollateral that matches the collateral on your loan agreement\r\n4.\tPolicy number\r\n5.\tPolicy period\r\n6.\tCompany name<\/p>\n <\/div>\n

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What happens if I don\u2019t provide or maintain my insurance? <\/svg><\/span><\/p>\n

If you don\u2019t maintain the required insurance throughout the life of your auto loan, we may exercise our right to purchase an insurance policy and pass the policy\u2019s cost to you, the borrower.<\/p>\n <\/div>\n \n <\/div>\n<\/section>\n<\/div><\/div>\n\n\n\n

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