Oftentimes a mortgage loan is secured by more than just real estate. Loan Protector offers Physical Damage Insurance for non-real estate collateral to help protect your security interest in the additional non-real estate collateral via a collateral protection insurance program.
Loan Protector coverage includes:
- Automobiles
- Motorcycles
- Mobile Homes
- RVs
- Boats
- Aircraft
- Agricultural and other equipment
Benefits & Considerations
- Loan Protector’s collateral protection insurance programs are fully integrated with EasyPlace℠ and offers coverage limits up to $100,000 per collateral. Higher limits may be available with additional underwriting information.
- Instant binding authority up to master policy coverage limits
- Coverage provided by numerous carriers rated “A” excellent or better by A.M. Best
- Programs are compliant with all other regulatory agencies