Ask Your Peers Forced Place Vacant Home Insurance (Closed)

Matthew Gehrman, CityScape Insurance LLC - Mesa, AZ 85210

Reputation: 1479 - Total posts: 200

I have a client that is in need of forced place insurance for a property that is currently in Foreclosure and the current/prior owner is incarcerated. Anyone know where I can place this type of policy and/or if nothing else who I can send her to. Property is located in AZ

Thank you!

8 year(s) 6 month(s) ago

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Amanda Bowers, Proctor Financial, Inc. - Troy, MI 48098

Reputation: 337 - Total posts: 2

Hi Matthew,
I have a product that may be able to help.
Take a look at Proctor's KwikRisk storefront. If you think this is something that you're looking for, you can submit an application for us to process and quote.

Thank you!

8 year(s) 6 month(s) ago

1 Verified Reviews - 5 of 5.0

4 Verified Reviews - 5 of 5.0

Ashley Fuerstenberg, AmWINS Underwriting - Catlett, VA 20119

Reputation: 4666 - Total posts: 403

Hi Matthew,

Thank you for using CompleteMarkets!

In addition to Proctor Financial, All Risks, Ltd. also has a market for this risk. They do have a list of submission requirements they will need in order to quote you, please include the following:

1. A complete a submission
2. REO property and liability application
3. Schedule of loans
4. Schedule of currently uninsured and REO properties
5. Premium and loss history for current programs

For additional information about their program please copy and paste the link below:

https://completemarkets.com/company/allrisks/REO-Foreclosure-and-Lender-Placed-Property-Insurance/?keyword=Financial+Institutions+Real+Estate+Owned+(REO)+Liability&coverage=Financial+Institutions+Real+Estate+Owned+(REO)+Liability&state=5&sortorder=random&sftypes=1,2,3&fromsearch=True

Feel free to let me know if you have any questions!

8 year(s) 6 month(s) ago

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