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How to Verify Your Vehicle Insurance

Avoid higher payments and keep your loan in good standing by ensuring your insurance information is on file with Peak Credit Union.

Use this article to provide proof of insurance for your vehicle, recreational vehicle, home equity, or mortgage loan.

Providing current insurance information helps ensure your loan remains in compliance with your loan agreement and can help avoid additional costs.

Why Does Peak Need My Insurance Information?

If we do not have current insurance information on file for your loan, creditor-placed insurance may be added to the loan.

Creditor-placed insurance can:

  • Increase your monthly loan payment
  • Increase the overall cost of your loan
  • Provide less coverage than insurance you obtain on your own

To avoid this, make sure your insurance information is provided as soon as possible.

What Insurance Requirements Apply to Vehicle Loans?

For vehicle loans, your insurance policy must:

  • List Peak Credit Union as the lienholder
  • Include full coverage comprehensive and collision insurance
  • Have a maximum deductible of $1,000

If you're unsure whether your policy meets these requirements, contact your insurance provider for assistance.

How to Submit Your Insurance Information

You or your insurance agent can provide proof of insurance in one of the following ways:

Upload Insurance Information Online

Mail Insurance Information

  • Send insurance information to:

Peak Credit Union c/o Allied Solutions
PO Box 58770
Tukwila, WA 98138

What Information Should Be Submitted?

Your insurance documentation should include:

  • Policyholder name
  • Insurance company name
  • Policy number
  • Effective coverage dates
  • Peak Credit Union listed as lienholder
  • Required coverage details

What Happens If I Don't Provide Insurance Information?

If insurance coverage cannot be verified, creditor-placed insurance may be added to your loan.

This may:

  • Increase your monthly payment
  • Increase the total cost of your loan
  • Remain in effect until acceptable insurance coverage is verified

Providing updated insurance information as soon as possible can help prevent these additional costs.

Frequently Asked Questions

What types of loans require insurance verification?

  • Insurance verification may be required for:

    • Vehicle loans
    • Recreational vehicle loans
    • Home equity loans
    • Mortgage loans

Can my insurance agent send the information for me?

  • Yes. Your insurance agent may submit the required documentation on your behalf.

I recently changed insurance companies. Do I need to submit updated information?

  • Yes. Anytime your insurance coverage changes, your insurance company should provide updated information showing the new policy details and Peak Credit Union's lienholder interest.

How do I know if Peak has received my insurance information?

  • If you recently submitted insurance documentation and would like to confirm receipt, contact Allied Solutions or Peak Credit Union for assistance.

Need More Help?

Chat with us:

  • Ranger virtual assistant is available 24/7 through website chat to answer questions and help you find information.

  • If you need additional assistance, you can connect to a live chat agent during business hours:

    • Monday-Friday: 8:00 a.m. - 6:00 p.m. PT
    • Saturday: 9:30 a.m. - 2:00 p.m. PT
    • Excluding holidays

Prefer to call? Contact us at (800) 258-3115.

For questions specifically related to creditor-placed insurance, contact Allied Solutions at (800) 523-6404.

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