This program can:
- If damaged by a disaster, reimburse a homeowners policy deductible up to $500 for losses to the structure. The home does not need to be judged unlivable for this benefit to be paid.
- If damaged by a disaster, and is unlivable for more than 48 hours, cover the mortgage payment as long as they cannot live in the home, for up to two years. Note: If damaged by a disaster (eg; fire loss), the program will probably pay both the mortgage payment while the home is unlivable and the homeowners insurance deductible.
- If damaged by a disaster, and is judged to be permanently unlivable, after application of available homeowners insurance proceeds, pay the remaining balance of a mortgage up to $750,000.
Coverage is limited in IL, NC & TX.
Not available in non-admitted states.
$750K Maximum Limit
Rating By A.M. Best
Joe Taborek President
Credit Insurance Markets, Inc.
2 listings in 45 statesView Company
Availability 42 states