Services
Lenders Insurance Review
What you don’t know about your borrower’s insurance policy can hurt you.
While there are some elements of risk that you can’t control, why not control the elements you can... Using our insurance review services from Commercial Insurance Consultants, you can significantly reduce your risk exposure by evaluating your borrower’s insurance risk and fixing it before it becomes your problem.
- Are you aware a certificate of insurance gets you nothing in a court of law? Are your interests properly protected?
- Limits are not enough. Do you know how your borrower’s policy will respond for your protection in the event of a loss?
- Liabilities — are you exposed to vicarious liabilities that may arise out of your interest in the assets of your borrowers?
- We offer an independent, third party evaluation of your borrowers program tuned to protecting the lender’s interest.
Unforeseen, uninsured, underinsured, unprotected — you never want to hear these words if your borrower has a loss. We can help you identify and reduce these unnecessary and avoidable financial risks.