This program is for financial institutions, hard money lenders, and trusts. Lender-placed insurance (also known as force-placed insurance) protects properties when borrowers fail to maintain adequate insurance coverage as collateral for the loan. Lender-placed insurance ensures continuous coverage by securing all-risk lender-placed hazard insurance, including wind, for residential properties.
Key Features
All risk coverage, including wind, for residential and mobile home properties
Hazard, Flood, REO, Liability
All States
Representing more than $7 billion in written premium in the personal, commercial, specialty, professional liability and public entity segments