Please reach out to your insurance carrier regarding the full protection of your new purchase. It is recommended that you personally reach out to your insurance carrier as you may be the only one who can make this change.
- Add DATCU, Control #2217, as Lienholder/Loss Payee, PO Box 827, Denton TX 76202.
- DATCU requires comprehensive and collision insurance from the date of the purchase (deductibles not to exceed $1,000).
- Collateral on your insurance must match the collateral on loan document.
- Policy Number, Policy Period, and Company Name must be listed.
- Failure to maintain the required insurance throughout the life of the loan may (but shall not be required to and without prejudice to our rights if we do not) result in us purchasing a policy for required to and without prejudice to our rights if we do not result in us purchasing a policy for your own protections and passing the cost of the policy on to you, the borrower.