Why does Veridian need a copy of my insurance policy for a loan?
Most secured loans require full coverage comprehensive and collision insurance on the collateral. Veridian requires a copy of the insurance policy or declarations sheet to verify that you have insurance and that Veridian is listed as the loss payee on the policy.
For auto loans, you may receive mail from Allied Insurance Solutions to update your proof of insurance.
Proof of insurance can be submitted through any of the following methods:
• Online: myinsuranceinfo.com
• Mail: Allied Solutions, PO Box 2327, Sioux City, IA 51106
• Fax: 800-709-4821
• Phone: 800-653-8812
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