Forced Placed & Foreclosure Property
Offered by Insurmark a Div. of Financial & Professional Risk Solutions, Inc.
Force Placed Force Placed Hazard Force Placed Flood Real Estate Owned Residential Property Commercial Property Vacant Property Vacant Dwelling Vacant Building LiabilityDescription
Insurmark offers lenders an easy way to manage the force placed / lender placed insurance process. The purpose of force placed insurance is to protects the lender's collateral interest when a borrower's property or flood insurance coverage on residential or commercial property lapses, expires, is insufficient, or foreclosed. Liability coverage is available on Real Estate Owned properties. We have in-house underwriting authority and can typically provide proposals for this program within 2 business days.
Lenders can force place coverage on properties using Insurmark Online, our intuitive website that allows users to immediately add, cancel or update coverage. We provide lenders with the option to print the required borrower notices directly from the system.
Insurmark offers competitive rates on Blanket Mortgage coverage for First Mortgages and Second Mortgages / HELOCS.
We can also help you access collateral protection insurance products for consumer loans, such as vehicles, equipment, campers, ATVs, etc.
Details
Has Pen
Listing Contact
Mark Nies Client Service Executive
Offered By
Insurmark a Div. of Financial & Professional Risk Solutions, Inc.
9 listings in 50 states + DC
View CompanyAvailability 50 states + DC
Covered
Not Covered
