FORCED PLACE INSURANCE

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We at Skyscraper have an in- depth knowledge of all things real estate. We possess a unique understanding of all the intricate details

We at Skyscraper have an in- depth knowledge of all things real estate. We possess a unique understanding of all the intricate details, of all the ins and outs of the real estate insurance field, due to years of on the ground experience. We have worked extensively with all the players on the real estate insurance market, including real estate owners, managers, and investors, as well as the top underwriters at all major insurance carriers. Skyscraper team will make use of our unique expertise and specialized knowledge to customize a forced place insurance policy that accurately fits your needs. Force-placed insurance, also known as creditor-placed, lender-placed or collateral protection insurance, is an insurance policy put by a lender, bank or loan servicer on a home when the property owners’ own insurance is cancelled, has ended, or is deemed inadequate, and the borrower did not secure a replacement policy. This insurance gives the lender protection for his financial interests in the property. Skyscraper also provides instant and speedy certificates of insurance to banks for new closings and refinances. We at Skyscraper will stop at nothing to deliver optimum results, in an efficient and cost effective manner.