Ideal Accounts and Appetite
This program is ideal for lenders and financial institutions managing large or diverse real estate portfolios who want to streamline insurance compliance. You may have clients such as regional banks, credit unions, or mortgage servicers looking to eliminate the complexity of individual hazard insurance tracking.
Coverage Highlights and Advantages
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All-risk protection for both residential and commercial properties (excluding flood and earthquake)
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One annual premium based on portfolio size, lending activity, and geographic distribution
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Blanket coverage includes specialized portfolios such as condominiums
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No borrower follow-up or individual hazard insurance tracking required
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Program responds to uninsured physical damage to mortgaged properties
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Flood insurance must still be tracked separately per regulatory requirements
For lenders seeking even more targeted solutions, PFI also offers EquiShield, a residential-only blanket hazard insurance program focused on home equity loans, lines of credit, and second deeds of trust.
Underwriting Notes and Minimum Premiums
Portfolio Guard® is underwritten based on the size and composition of the property portfolio, types of loans, and geographic location. Minimum premiums vary depending on these factors. The program is supported by six AM Best “A” rated carriers, ensuring strong financial backing.
Territories and Availability
This program is available nationwide, including all 50 states and Washington, D.C. It is written on a non-admitted basis.
Why Work With Proctor Financial, Inc.
As a Managing General Agency with deep expertise in lender-placed insurance, Proctor Financial, Inc. brings tailored solutions and responsive service. Their Portfolio Guard® program simplifies hazard insurance management for lenders, reduces compliance risk, and provides reliable protection backed by financially strong carriers.
For more information about Portfolio Guard®, PFI's residential and commercial blanket hazard insurance program, contact us.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for financial institutions managing broad portfolios of residential and commercial mortgages, including condominiums, second mortgages, and HELOCs.
Is insurance tracking required for each property?
No, Portfolio Guard® eliminates the need for individual hazard insurance tracking and borrower follow-up.
Does the policy cover flood or earthquake damage?
No, flood and earthquake are excluded. Flood insurance must still be tracked separately per regulatory requirements.
What determines the premium for this program?
Premiums are based on factors like portfolio size, loan types, lending activity, and geographic spread.
Which states is this program available in?
The program is available in all 50 states and Washington, D.C.
Need help placing an account? Connect with a market specialist.