Become a Client
MortgageHazard.com makes requesting hazard and flood insurance easy! We strive to provide you the best possible service through our lender-placed insurance program.
Become a ClientMortgageHazard.com provides your insititution with billing, refund support, claims submission, online certificates of coverage, end of month property reports and a variety of reporting methods to help you track insurance.
Program Highlights Include:
- Immediate binding authority up to $1,000,000 per property
- Carriers rated "A" by A.M. Best
- Available flood coverage
- Lender determined value to lender-place
- Losses adjusted on replacement cost basis with no deduction for depreciation
- Pro-rata refunds
- Assigned customer service representatives
- Toll-free number for administrative assistance
Through Lee and Mason Financial Services, Inc MortgageHazard.com online tool, you will have access to a variety of reporting methods to help you track loans. MortgageHazard.com provides your institution with billing, refund support, claims submission, online certificates of coverage, end of month property reports and policy rate information.
Disclaimer
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 |
|
Residential Occupied Foreclosure
|
1-4 Family dwelling
|
|
Residential Vacant R.E.O.
|
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
|
|
Combined Insured values for
each building insured under one Farm property location
|
Occupied Farm Out-Building
structure, not a dwelling, on land designated for farming purposes
|
|
Combined Insured values for
each building insured under one Farm property location
|
Vacant Farm Out-Building structure,
not a dwelling, on land designated for farming purposes
|
|
|
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 secured if it is permanently fixed |
Contents: |
Only available on Commercial and
Farm Out-Buildings, provided: The Property also 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 Client
Welcome to mortgagehazard.com.
- View training video
- For your convenience, below is a link to our User Manual and Quick Reference Guide:
Download ACH-WIRE info form.pdf
Download Edit Renew User 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