Important Insurance Update for Realtors and Mortgage Lenders
Credit: www.capecodhrg.com |
Please be advised of some major changes in the insurance world.
Waiting until the last minute to set up insurance is never a good
idea, even in the best of times.
However, because of recent changes in the insurance marketplace,
please advise your clients to begin the insurance process immediately after the house goes under
contract.
· Several carriers have
suspended operations across entire states.
· Other carriers are
tightening their underwriting standards and adding additional binding
requirements.
· These things are prolonging the insurance process.
· Please take this into
account when scheduling the closing process. I would advise you to plan for the process to take a few
extra days.
If you or your clients have established relationships with
insurance agents, I don’t want to interfere with what is working.
However, I am always here to help.
And please take 2 minutes to read about five things every realtor and mortgage lender needs to know about insurance.
Please call me at your convenience at 303-902-5503.
My team and I look forward to serving you.
Doug Newman
303-902-5503
30+ carriers ...
30+ states
Auto-home-commercial-group benefits
epsinsures@gmail.com - www.epsinsures.info
Powered by TAG
Insurance and
Xperience Benefits
Comments
Post a Comment