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.
Casey Castagna Client Service Executive
Insurmark a Div. of Financial & Professional Risk Solutions, Inc.
9 listings in 50 states + DCView Company
Availability 50 states + DC