Become a Client
MortgageHazard.com makes requesting hazard, flood and foreclosed liability insurance easy! We strive to provide you the best possible service through our lender-placed insurance program.
Become a ClientMortgageHazard.com provides your institution with billing & refund support, ability to file claims, and access to multiple reports to help your institution track & place coverage.
Highlights Include:
- Immediate binding authority up to $5,000,000 per property
- Coverage provided by A.M. Best "A" rated carriers
- Flood coverage available without waiting period
- Lender determines insurable valuable
- Most losses adjusted on Replacement Cost basis assuming repairs are made
- Pro-rated refunds generated by Lee & Mason weekly
- Assigned customer service representatives
The above summary is not a substitute for your insurance policy. For specific terms and restrictions, please refer to the policy as the contract for coverage.
Program Matrix
Type |
Description |
Covered |
|
Occupied dwelling in force-placed or foreclosed situation
|
1-4 Family dwelling
|
|
Vacant dwelling
|
1-4 family dwelling
|
|
- 5 family or larger |
31% or more occupied
|
|
- 5 family or larger |
Less than 31% occupied
|
|
Business contents usual to
the occupancy of the building
|
N/A
|
|
Business contents usual to
the occupancy of the building when operations no longer exist
|
N/A
|
|
Mobile home used for residential
|
Occupied
|
|
Mobile home used for residential
|
Vacant
|
|
|
Residential: | Defined as a dwelling with one to four family units |
Commercial: | Defined as a property with five or more family units, storefront or office |
Occupied: | Defined as 31% or more occupancy |
Mobile Home: | Considered anchored if it is permanently fixed |
Contents: | Only available on commercial provided the property has building insurance coverage. Maximum limit = 50% of building insurance coverage provided |
Flood Program Matrix
How much flood insurance coverage is available?The following coverage limits are available: |
|
Building Coverage | Regular Program |
Residential (1-4 Family) | $250,000 |
Other Residential (5+ Family) | $500,000 |
Non-residential or small business | $500,000 |
- | - |
Contents Coverage (per unit) | |
Residential | $100,000 |
Non-residential including small business | $500,000 |
** Excess flood coverage is available.
Become a ClientWelcome to mortgagehazard.com.
- View training video
- For your convenience, below is a link to our User Manual and Quick Reference Guide:
Download ACH info form - 2024.pdf
Download Edit Renew User Guide.pdf
Download Letter Procedures Guide.pdf
Download Quick Reference Guide.pdf
Download The Proper Care and Feeding of an REO.pdf
Download User Manual.pdf - For additional assistance, Contact Us