Vehicle Insurance Coverage


If you have a vehicle financed at Security First Federal Credit Union, you are required to provide proof that you have current and adequate auto insurance.  If you fail to obtain or maintain your own insurance, SFFCU may purchase insurance to protect our interest in your vehicle; this insurance is referred to as Collateral Protection Insurance or CPI.  The cost of the CPI will cause your monthly loan payment to increase and/or extend the term of your vehicle loan.  CPI is more expensive than a personal comprehensive and collision coverage and it does not satisfy your state-mandated liability insurance requirements.

If you have recently added coverage or have changed insurance companies, you may update your records by visiting www.imcovered.com/securityfirstfcu or  faxing your proof of insurance coverage toll free to 1-(866) 697-1533 or you may call (866)-262-1775 to speak to a Security First Federal Credit Union representative
It is required that SFFCU be listed as a loss payee or Lien-holder as follows:
 
Security First Federal Credit Union P.O. Box  790287 San Antonio, TX 78279