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:
- A loss payable clause naming us as lienholder.
- A full collateral description including the Vehicle Identification Number (VIN).
- Comprehensive and collision coverage with a maximum $1,000 deductible.
- The effective and expiration dates of the coverage.
You can submit your insurance information in the following ways:
- Fax: 866-663-4680
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.