Request For Proof Of Insurance

Request for Proof of Insurance

The following INSURANCE COVERAGE IS REQUIRED:

•Commercial General Liability* in the amount of $1 million per occurance/$1 million aggregate including:

•Personal injury/Advertising injury protection

•Care/Custody/Control coverage in the amount of $50,000.

•Errors & Omissions’ in the amount of $1 million per occurance/$1 million aggregate covering:

•Residential property inspections

•Delinquent borrower interviews

•Commercial property inspections

•Insurance loss inspections

•Eviction services

•Property preservation inspections

•Property preservation estimates

•Property preservation services (including but not limited to REO services)

•Property repair estimates

•Property rehabilitation services

•Merchant site verifications

•You must contact your insurance agent and instruct them to add “COMPANY NAME” as an ADDITIONAL INSURED under all your liability policies;

•You must deliver to COMPANY NAME insurance certificates with:

•COMPANY NAME listed as ADDITIONAL INSURED.

•The Certificate of Insurance must provide for a minimum of 30 days Notice of

Cancellation/Non-Renewal or Material Change to the subject policy.

•You must submit to COMPANY NAME proof of your participation in your state’s Workers Compensation

fund:

•Proof is a copy of the Workers Compensation certificate for the state that you have paid in.

•If your company operates in more than one state, submit a copy of the certificates for each

of the states where you do business;

•Proof of renewal of all insurance coverage IS REQUIRED in order for you to continue to do

business with COMPANY NAME and must be provided on an ongoing basis.

•Insurance company(ies) must be rated at least A-VII or better by the A. M. Best Company.