Auto Insurance Requirements
Contact your insurance company to list Credit Union 1 (P.O. Box 2200, Carmel, IN 46082) as the lien holder. You will also need to submit proof of insurance with our partner MyInsuranceInfo and ensure your insurance meets Credit Union 1's requirements.
Credit Union 1 Mortgage Insurance Requirements:
- Dwelling coverage must be greater than or equal to a minimum of the outstanding loan balance.
- The deductible cannot be more than 5% of the loan balance. CU1 encourages 1%.
- Credit Union 1 is named as lien holder or loss payee. Please list the following name and address on the declaration page:
Credit Union 1
P.O. Box 2200 Carmel, IN 46082.
If your Auto insurance policy does not meet our requirements listed above, you will receive a phone call, email, or text communication from Allied Solutions, a company providing insurance policy tracking for Credit Union 1.
Please contact Allied Solutions directly at (800) 653-8812 with any questions.