Financial Institutions
Offered by Insurmark a Div. of Financial & Professional Risk Solutions, Inc.
Force Placed Force Placed Flood Force Placed Hazard Residential Property Commercial Property Manufactured Homes Replacement Cost Value Blanket Hazard Blanket Insurance Real Estate OwnedDescription
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
Carrier Information
Admitted
Non-Admitted
Listing Contact
Mark Nies Client Service Executive
Offered By
Insurmark a Div. of Financial & Professional Risk Solutions, Inc.
9 listings in 50 states + DC
Engaged View CompanyAvailability 50 states + DC
Covered
Not Covered