Auto Insurance Requirements

Did you know you’re bound by your auto loan contract to maintain adequate insurance coverage? If your insurance information has changed or you receive a letter from Schools saying we don’t have proper documentation, you should provide us with the following documentation:

  1. A loss payable clause naming us as lienholder.
  2. A full collateral description including the Vehicle Identification Number (VIN).
  3. Comprehensive and collision coverage with a maximum $1,000 deductible.
  4. The effective and expiration dates of the coverage.

You can submit your insurance information in the following ways:

  1. Online
  2. Fax: 866-663-4680
  3. Mail:

    Schools Financial CU Insurance Center
    PO Box 790108
    San Antonio, TX 78279-0108

If you have any questions, please contact our Insurance Department at 866-339-6436.

FAQs