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You received a letter because one of the insurance situations below applies to you. See which one applies to you and what you need to provide so we can update your loan insurance record.
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MISSING INSURANCE RECORD
When you have your policy declarations page ready, you or your agent may upload it here.
For auto loans, note that we are unable to accept your insurance card as evidence of valid coverage.
INSUFFICIENT INSURANCE AMOUNT
Contact your insurance agent and ask for the amount of insurance to be increased to the required amount indicated in your letter.
When you have your amended policy declarations page ready, you or your agent may upload it here.
DEDUCTIBLE TOO HIGH
Contact your insurance agent and ask for your policy deductible to be lowered to the acceptable amount indicated in your letter.
When ready, you or your agent may upload your amended policy declarations page here.
MISSING/ INCORRECT MORTGAGEE CLAUSE
Contact your insurance agent to have the proper mortgagee clause added or corrected on your policy as shown in the letter you received.
When ready, you or your agent may upload your amended policy declarations page here.
INFERIOR CARRIER RATING
Contact your insurance agent to have your policy issued by an insurance company that meets the required minimum rating as indicated in your letter.
When ready, you or your agent may upload your amended policy declarations page here.
INSURANCE PLACED!
Contact your insurance agent to help you obtain your own policy that satisfies the insurance requirements of your loan.
When ready, you or your agent may upload your policy declarations page here.
Any unused premium of the insurance placed will be refunded to your loan.
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