Lender Placed Insurance Program

Residential Highlights:

Our program is designed to offer coverage on all properties lacking traditional homeowner’s coverage in your portfolio.

The program has the following benefits for your servicing operation:

  • Streamlined administration for ease of use.
  • Tracking insurance requirements can be provided.
  • Hazard and Flood coverage available in all 50 states.
  • Coastal and Catastrophic exposures may be covered.
  • Automatic coverage is included when we do the tracking.

 

Commercial Highlights:

Coverage for commercial loans is also available for your portfolio.

This program includes all of the features of our residential program as well as the following:

  • Voluntary Markets are available for borrowers that cannot locate coverage.
  • Tracking is separated from Residential loans.

 

Foreclosed (REO) Properties:

We can automatically switch loans to this category if the loan is foreclosed.

This program has the following benefits for the lender:

  • 30-day coverage that rolls over as requested.
  • No Deductible.
  • Liberal Vandalism allowances.

Equiguard can issue your policy once we receive the application and a copy of your underwriting criteria. Please call your account representative if you have any questions, at 1-888-837-9996.