Bravera Bank


Home Proof of Insurance

Proof of Insurance

Your insurance policy needs to include:

  1. Bravera Bank, Control # 3838, as Lienholder/Loss Payee 1101 E Interstate Ave., Bismarck, N.D. 58503
  2. Comprehensive and Collision coverage on vehicle with deductibles not to exceed $1,000
  3. Collateral must match collateral on loan document
  4. Policy number, policy period and company name must be listed
Please have your agent call 800-523-6404 to provide the necessary insurance information. To learn more, visit MyInsuranceInfo. 
 
Should you fail to maintain the required insurance throughout the life of the loan, the Bravera Bank may (but shall not be required to and without prejudice to its rights if it does not) purchase a policy for its own protection and pass the cost of the policy onto you, the borrower. Bravera Bank may, but is not required to, attempt to contact you prior to purchasing the insurance. Bravera Bank may, at its option, add the premium to your loan. This may cause an increase to your regular payments.