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Are we required to outsource our insurance tracking to Financial Insurance Brokers in order to obtain lender-placed coverage?

April 26, 2017brokers coverage financial Insurance lender-placed obtain OUTSOURCE

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Are we required to outsource our insurance tracking to Financial Insurance Brokers in order to obtain lender-placed coverage?

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No. We feel our tracking system is superior and more cost effective than in-house tracking systems. However, we do provide lender-placed coverage without tracking.