Real Estate Owned (REO) Insurance

What is REO Insurance?

Real Estate Owned Insurance is a specialty property insurance coverage for lenders in the real estate industry. Whether your organization has acquired real estate through foreclosure, deeds in lieu of foreclosure, or by other means, Real Estate Owned Insurance provides lender protection for this asset class. Recognizing the complexities that come with managing real estate assets, our REO program is tailored to meet the specific needs of your financial institution. Our program offers comprehensive solutions to ensure your portfolio is well-protected, while also providing the flexibility and efficiency required in today’s market.

A Comprehensive Solution to Meet Your Portfolio Goals
If your financial institution has investments in residential and commercial properties like foreclosed homes and business, safeguarding your Real Estate Owned (REO) portfolio is crucial. Our REO program enhances your institution’s risk management strategy by providing the flexibility to quickly add or remove properties, increasing your operational agility. See how our program can help protect your real estate portfolio effectively and efficiently:

Comprehensive Coverage
Our all-inclusive REO program covers a wide range of risks, including hazard, flood, and vandalism, ensuring complete protection for your real estate portfolio from a single source.

Enhanced Efficiency
Through our REO program, we offer the flexibility of monthly policies and reporting, allowing you to seamlessly adjust coverage as properties are sold from your REO portfolio, streamlining your risk management process.

Transparent & Competitive Pricing
We’ll help you determine optimal rate levels and present optional deductibles, ensuring cost-effective solutions tailored to your financial institution’s needs. Our program consolidates all necessary policies into a single comprehensive solution, eliminating the need to shop among multiple partners for various property policies.

Benefits of an REO Insurance Program With HUB Financial Services

At HUB Financial Services, we offer flexible coverage options, the ability to easily add or remove properties, risk management consultation, responsive claims handling, and regulatory advice. To learn more, visit our contact page to connect with a subject matter expert.