Auto/Collateral insurance requirements
All members with a VPFCU Auto Loan are required to provide protection for the financed collateral from serious financial loss, should an accident occur. Your contract also requires the collateral to be continuously covered with insurance against the risks of fire, theft, and collision.
insurance requirements
- Continuous insurance coverage with no lapses
- Valwood Park Federal Credit Union is listed as the Loss Payee/Lienholder
- Collision and comprehensive coverage (physical damage) with deductibles not greater than $1000
provide insurance Policy Declarations Page by:
- Email: insurance@valwoodparkfcu.com
- Fax: 972-242-1661
- Mail: Valwood Park Federal Credit Union
Attn: Loan Department
1001 E Crosby Road
Carrollton, TX 75006
