Lender Placed Hazard Insurance

Our Forced Order Fire Insurance program is designed to protext both the lending institution against financial loss resulting from damage or destruction of uninsured mortgaged real property.

Should the mortgagor fail to keep the mortgaged real property adequately insured, the lender can immediately notify Lawrence Victoria Insurance Agency and order coverage insuring individual loands of up to $5,000,000 per location. Real Estate Owned (R.E.O.) property and commercial coverage can also be obtained up to the $5,000,000 per location limit. Limits in excess of $5,000,000 may be obtained with special approval.