Lender-placed insurance is a safety net for lenders, servicers, mortgage investors and borrowers alike. Lender-placed insurance protects your collateral from events such as fire, severe weather, flooding and accidents if borrowers, for whatever reason, fail to carry insurance or let their policies lapse.

These insurance programs are often confusing to consumers, and can damage customer relationships if not properly managed. As a result of this confusion, your organization faces increasing scrutiny from regulatory agencies and the risks associated with not complying with changing rules.