Typically, a lienholder will require you to have the state minimum liability coverage on your vehicle, plus list them as an “additional insured.” The insurance company should list the lienholder on your insurance policy if you provide this information, and they will send a declarations page to the lienholder.
Any lienholder, additional interest or loss payee will receive an insurance notification. A copy of the declarations page and/or policy status forms are mailed to them. In addition, each insurance company’s service department can provide a copy of any proof if the lienholder needs additional proof. You should not need to request documents to be sent to the lienholder; it is an automatic process.
— Michelle Megna contributed to this story.
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