Am I required to obtain full coverage insurance on the collateral of my loans?

Yes. If your secured loan balance is $5,000 or more, you must maintain comprehensive and collision insurance coverage on the collateral with a deductible of $1,000 or less.

Once your loan balance falls below $5,000, full coverage insurance is no longer required. If proof of insurance is not provided, Veridian may obtain insurance coverage on the collateral at your expense.

Submit proof of insurance online by mail to Allied Solutions PO Box 2327, Sioux City, IA 51106 or call Allied at 1-800-653-8812.