Whether your collateral is located on the coast or in the heartland, the risk of flood is real. Knowing that your properties are insured protects your institution from catastrophic loss and mitigates the risk of regulatory non-compliance by helping you meet National Flood Insurance Program requirements. Verifying flood insurance coverage exists relies on expert tracking. For more than 75 years, van Wagenen has provided lenders the information they need to
- Ensure properties are adequately insured against flood loss.
- Comply with government regulations.
- Get accurate answers quickly.
- Control costs and maximize staff resources.
Confirming collateralized property is insured against flood damage is the lender’s responsibility. Reliably tracking flood insurance is ours.