Blanket Mortgage Hazard Insurance with Additional Protection
With Blanket Mortgage Impairment Insurance, your loan servicers can take advantage of all the benefits of Blanket Mortgage Hazard Insurance, as well as protect themselves against liability claims due to other servicing errors. That means your portfolio is protected against both uninsured and underinsured physical damage, and if an error is made that affects the investment quality status of the loan.
Our policies include optional coverage against errors and omissions such as failure to pay real estate taxes and mistakes made with custodial, title, or recordation. If such an error occurred, a Blanket Mortgage Impairment policy would pay any claims and defend you within established policy limits.
Blanket Mortgage Impairment Insurance covers all residential, commercial, second mortgage, and home equity loans in your portfolio, while eliminating the need to track or force place required insurance.
For more information, contact us online or call 866-925-4595.