We provide you with the money and you provide insurance! When you get a secured loan with Deseret First, you're selecting a loan with collateral. So as a borrower, it is your responsibility to maintain insurance on that collateral. This is part of your loan agreement, and as a result, you will need to provide proof of coverage. This stipulation lasts for the entire life of the loan. If you need coverage, we are happy to refer you to our partner, Deseret Insurance Agency!