Is Your Collateral Insured?
Highlights of our Lender-Placed Insurance program include:
- Coverage on specific collateral with lender as loss payee
- Covers second mortgages and equity loans
- Option to include liability coverage
- Flood coverage with no waiting period
- Residential, commercial, mobile homes, automobiles, and equipment coverage
- Coverage extends to Other Real Estate Owned (OREO) portfolios
- Compliance tracking to ensure continued coverage
Additional
Products Available
Blanket Mortgage Hazard
- Provides the lender with property coverage on the entire portfolio
- Covers residential, commercial, and mobile home loans
Blanket Mortgage Impairment
- Covers all residential, commercial, second mortgage, and home equity lines of credit
- Eliminates the need to track or force place mortgaged properties for required insurance
Outsourced
Tracking
- Full outsourcing of insurance monitoring to an outside computerized tracking facility
- Automatic coverage of all loan collateral against uninsured physical damage or loss
