Stop Tracking Customer Insurance – At Least HELOCs and 2nds

Is your bank still tracking customer insurance coverage on your mortgages?

Consider buying an insurance policy that protects your bank while eliminating the need to track coverage.  So-called, Blanket Insurance, is available for all your mortgages.  You transfer the risk of “no-insurance” to the insurance company.

The best place to start is blanket coverage on HELOCs and Second Mortgages.  The cost of the insurance is very, very, very low.  For many banks, this single insurance policy is less than $500 and it eliminates tracking hundreds of insurance policies.

Send me an email and let’s talk about your options.  Recall that I don’t sell insurance and never accept fees or commissions from insurance agents or insurance companies so my advice to you is unbiased.