The Credit Union requires full coverage insurance on all titled security. The maximum deductible is $500; however, the maximum deductible may be $1,000 if the member meets one of the two following criteria:  (i) the member has a debt ratio under 30% and has at least 15% equity in the titled security, or (ii) the member pledges at least $500 in the member’s share account as additional collateral until the loan has been paid in full.