REO-Foreclosure and Lender Placed Property Insurance
All Risks looks to insure residential dwellings, manufactured homes, commercial property and vacant land.
Highlights |
- Simple Website Administration
- A.M. Best A, XII Rated Carrier
- Admitted and Non-Admitted Products Available
- Flexible customized programs
- Monthly itemized billing
- Premium earned on a daily prorated basis
- Retro Rating Plans
- Available in all states except HI
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States Available | Nationwide |
Targeted Classes |
- Commercial Banks
- Credit Unions
- Savings and Loans
- Mortgage Banks
- Financial Institutions that service and/or invest in mortgage loans
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Coverage Available |
- Lender Placed Hazard and Flood
Hazard protection covering borrower lapse
Blanket coverage available
- Real Estate Owned (REO) and foreclosed property and liability coverage available
Blanket 2nd mortgage and home equity coverage
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Submission Requirements |
- Supplemental Application
- Schedule of Loans
- Schedule of Currently Uninsured and REO Properties
- Premium Loss History for Current Programs
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