This product may also be referred as "Lender Placed Insurance", "Force Placed Auto Insurance" and "Collateral Protection Insurance"

Our program was designed to protect both the lending institution and the borrower against financial loss resulting from damage or destruction of uninsured collateral (automobiles, equipment, inventory, etc..). With the use of our comprehensive state-of-the–art tracking system:

Our program monitors:

• Status of borrowers individual insurance policies
• Minimum coverage requirements
• Loss Payee clause

Our program produces:

• Warning letters to borrowers
• Insurance documents for collateral
• Management reports both weekly and monthly
• Specialty reports on demand

Our program offers:

• Reduced administrative costs

• Lender control and flexibility
• Automatic Coverage to protect all loans
• Compliance peace of mind

Click here to contact Jamey Lawrence at jlawrence3@lawrencevictoria.com or 440-349-0775 ext. 105