Do you notify my bank or lienholder that I’m insured with MileMeter?
You have a contractual obligation with your lienholder or bank to notify them that your vehicle (and their collateral) is protected with adequate insurance. If you purchase MileMeter insurance, it is your duty to notify your lienholder: simply fax or mail them a copy of your MileMeter insurance card and the Declarations page of your policy form (the first page). If you ever cancel your MileMeter policy or otherwise fail to renew it, it is our duty to notify your lienholder that coverage has lapsed.
Related Questions
- What if my combined balance from both Farmers National Bank and Merchants National Bank exceeds $100,000, am I still insured under the FDIC?
- What information does my agent need to make sure Southbridge Savings Bank is listed as an insured on my policy?
- Do you notify my bank or lienholder that I’m insured with MileMeter?