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Insurance Verification

Providing Proof of Insurance for Your Loan

Are You Insured?

When you take out a loan with Centricity Credit Union, we require that you have a certain amount of insurance coverage to protect your collateral.

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Easy Online Submission

With step-by-step instructions

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It's Secure

The information is only used to update our records and will not be disclosed to third parties.

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It's Quick

The whole process only takes five minutes or less.

We’re updating our insurance tracking system to better serve you and keep your collateral protected.

 

Ensure Your Vehicle Coverage Up to Date

If you have a loan with us for an auto or recreational vehicle (boat, camper, ATV/UTV, snowmobile, motorcycle, etc.), you are required to maintain adequate insurance coverage throughout the term of your loan. This coverage protects you and your collateral against injury, loss, or damage in the event of an unexpected accident or natural disaster.

Insurance Requirements for Your Loan

Please take a moment to review your current policy or contact your insurance agent to confirm it meets these requirements:

  • Comprehensive and collision coverage
  • Maximum deductible of $1,000 for each piece of collateral
  • Lienholder listed as:
    Centricity Credit Union
    4477 Lavaque Rd
    Hermantown, MN 55811

Review Your Insurance Coverage Today

If we do not have proof of proper insurance, you may begin receiving texts, emails, and letters requesting updated information for any missing or insufficient coverage.

How to provide proof of insurance:

You or your agent can send a copy of your policy to:

  • Email: lending@centricity.org
  • Mail: Centricity Credit Union, P.O. Box 2138, Carmel, IN 46082

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