Vehicle Insurance Update



If you have an auto or RV loan with us, you probably know that we require the vehicle to be insured. You may have even received a letter requesting you update your insurance information. Here’s the good news: we’ve made it easy! Click the button below to update your info in 5 minutes or less.
 
 
You will be redirected to our partner website. MyInsuranceInfo works with MAX to verify your insurance.
 






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, contact them at (800) 998-0762.

We generally send verification letters for one of these reasons:

  • You took out a new loan or refinanced your existing loan
  • You removed any of the required coverage from your policy
  • We received a cancellation from your current insurance company
  • MAX Credit Union wasn’t listed as a lienholder on your insurance policy
  • Your insurance expired
  • This is a standard insurance re-audit

You can learn more on our partner’s website or by calling 800.998.0762.

It usually takes about 5 minutes. To speed up the process, make sure you have your insurance policy declaration page and loan agreement on-hand. Once your insurance information is uploaded, you’ll get a confirmation email. After that, we’ll review your documents within 3 business days and reach out to you if we need more information.

You'll need an Insurance Declaration or Certificate of Coverage that includes these specific items:

  1. MAX Credit Union listed as Lienholder/Loss Payee
  2. Our mailing address:
    MAX Credit Union
    Insurance Service Center
    P.O. Box 2139
    Carmel, IN 46082-2139
  3. Comprehensive and collision coverage on your vehicle with deductibles of no more than 1000 each
  4. Vehicle Identification Number (VIN) or Serial Number that matches the collateral on your loan agreement
  5. Insurance policy number and policy period
  6. Insurance Company Name

If you don’t maintain the required insurance throughout the life of your auto loan, we may exercise our right to purchase collateral protection insurance and pass the policy’s cost to you as the borrower, increasing your loan balance and monthly payment amount.