Our Non-Performing Note coverage protects your interest while the terms of the note are being reworked or the property is being foreclosed. Uninsured or under-insured properties can hinder the borrower’s potential to repay their loan following a loss, or worse, leave you, the note-holder, responsible for repairing damages at the property. National Real Estate Insurance Group’s insurance for Non-Performing Notes can provide property and liability coverage so this doesn’t happen to you.
Submit property information using our online proposal request, and receive a custom proposal. An agent will contact you to go over your insurance options and help you choose the best coverage to protect your interests as a lender.
Start a proposal request to get coverage for your Non-Performing Note today!
Non-Performing Note dwelling coverage can protect you against direct physical damage to the property. Property losses such as:
- Windstorm and Hail
- Theft and more
Choose between Basic and Special form coverage when discussing options with one of our insurance agents.
Premises Liability is needed to help protect the owner and you, as the note-holder, from claims that happen at the property. Examples include:
- If someone were to slip and fall on the property
- If the tenant sustained injuries from a carbon monoxide leak
- Coverage extends to pools and spas, provided they meet code
- Medical expenses are included
Our liability insurance options start as low as $7 per month, per property and come with $1,000,000 per occurrence and $2,000,000 aggregate limits of liability.
Why choose us for Non-Performing Note Insurance?
National Real Estate Insurance Group has one of the most comprehensive coverage options in the industry. After you request a proposal, an agent will contact you to discuss your proposal and offer additional coverage options to limit your exposure. We have products ranging from flood to additional umbrella liability insurance.
When insuring your properties with NREIG, you can make coverage changes and pay for coverage as-you-go. Our clients can choose to manage their account online 24/7 or with a dedicated Client Service Representative.
Read one of our articles about Lender-Placed Insurance or go to our Resource Center to learn more about different insurance topics.
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