Vehicle Loans Frequently Asked Questions

What must my insurance policy include?

Your policy must include all of the following:

• Loss payable clause, naming Desert Financial Credit Union as lienholder
• Full collateral description, with collateral identification number
• Comprehensive and collision deductibles, not to exceed $1,000
• Coverage effective and expiration dates

Expired or canceled policies are not acceptable.

How do I provide Desert Financial with my insurance policy?

You or your insurance agent may choose one of four ways to submit your policy:

• Enter it online at https://www.myinsuranceinfo.com/
• Fax it to (800) 709-4820
• Mail it to Desert Financial Credit Union, P.O. Box 2130, Sioux City, IA 51104
• Call our Insurance Center at (800) 653-8812, M-F between 8 a.m. and 9p.m. (EST) Sat 9a.m-6pm (EST)

How long do I have to purchase an extended warranty for my vehicle?

An extended warranty may be purchased even if you do not have your auto loan with Desert Financial Credit Union.¹ Extended warranties may be purchased out of pocket or financed² into your loan at any time, as long as the vehicle qualifies. Some vehicles may require an inspection. Please visit a branch for details.