KwikRisk is designed to insure hard-to-place or high value commercial properties where loan values exceed a lender’s Mortgage Guard® or REO Guard® limit or where the specific property is not eligible under the Mortgage Guard program. In addition, KwikRisk can be used to cover non-financial entities and non-real estate collateral such as contractor’s equipment, machinery and business personal property.
Hard-to-place property and unusual risks can be covered
Individually underwritten with tailored limits, coverages and terms
Non-financial entities and non-real estate collateral can be covered
Insurance quotes offered within 72 hours of submission
Also utilized in conjunction with Mortgage Guard & REO Guard to achieve higher limits
Financial institutions: mortgage servicers, community banks, credit unions, etc.
Hard money lenders
Trusts & Receiverships
Coverage for vacant residential and commercial buildings, buildings undergoing repairs, strip malls, warehouse, new construction, 1 to 4 family dwellings and other qualified properties
Policy can include:
Terms of 3, 6, and 12 months
Insured limits up to $10,000,000
$1,000,000 limit on frame construction
Liability can include: Commercial General Liability (CGL) for mercantile, habitational and contractors, vacant buildings, vacant land up to 500 acres, Comprehensive Personal Liability (CPL) and other options
Coverage for vacant residential and commercial buildings, buildings undergoing repairs, strip malls, warehouse, new construction, 1 to 4 family dwellings and other qualified properties
Policy can include:
Terms of 3, 6, and 12 months
Insured limits up to $10,000,000
$1,000,000 limit on frame construction
Liability can include: Commercial General Liability (CGL) for mercantile, habitational and contractors, vacant buildings, vacant land up to 500 acres, Comprehensive Personal Liability (CPL) and other options
