Non-Performing Notes Insurance
Safeguard your interests while the note’s terms are being reworked or the property is going through foreclosure.
Non-Performing Notes Insurance for Landlords
Our Non-Performing Note coverage is designed to safeguard your interests while the note’s terms are being reworked or the property is going through foreclosure. When properties are uninsured or underinsured, borrowers may struggle to repay their loans following a loss, and as a note-holder, you may end up being liable for the property damages. With our insurance for Non-Performing Notes, you can obtain property and liability coverage, ensuring that you are protected against such scenarios.
To receive a custom proposal, please provide property information through our online proposal request form. Our agents will reach out to you to discuss your insurance options and assist you in selecting the best coverage to safeguard your interests as a lender.
Don’t wait any longer, start a proposal request today to obtain coverage for your Non-Performing Note!
What does Non-Performing
Note Insurance cover?
By obtaining Non-Performing Note dwelling coverage, you can protect yourself against direct physical damage to the property caused by various incidents, including fire, lightning, windstorm, hail, vandalism, theft, and more.
Non-Performing Note
Liability insurance
To ensure protection for both the property owner and the note-holder, Premises Liability coverage is necessary for claims that may occur on the property. Examples of such incidents include slip and fall accidents and tenant injuries caused by carbon monoxide leaks. This coverage also includes pools and spas that meet the code requirements, and medical expenses are covered as well.
Our liability insurance options start at an affordable rate of $7 per month, per property and offer a $1,000,000 limit of liability per occurrence and $2,000,000 limit of liability in aggregate.
