Lender-Placed Insurance

What's lender-placed insurance?
If your insurance lapses or you don't have enough coverage, we're required to purchase insurance on your behalf. We do this so your home can be repa...
Mon, 26 Jun, 2023 at 8:31 AM
What's the difference between lender-placed insurance and insurance I purchase myself?
Insurance you get through your insurance agent provides the best and most complete coverage. Lender-placed insurance is more expensive and covers only the s...
Mon, 26 Jun, 2023 at 8:32 AM
Will Republic Bank purchase lender-placed insurance without my knowledge?
No. If we find a problem with your insurance, we'll send you letters explaining what you need to do. If we still don't receive acceptable proof of i...
Mon, 26 Jun, 2023 at 8:32 AM
How will I be billed for lender-placed insurance?
We'll add the insurance premium to your monthly payment. The money will stay in an escrow account until your bills are due. Then we'll use that mone...
Mon, 26 Jun, 2023 at 8:32 AM
Can I cancel lender-placed insurance?
Yes. When you provide proof of acceptable coverage, we'll cancel the lender-placed policy.  Can't find what you're looking for? Contact us.
Mon, 26 Jun, 2023 at 8:33 AM
What should I do if I can't afford my insurance premium?
If your insurance isn't included in your monthly payment and you're unable to pay the premium, please call us at 1-866-596-2739 before your coverage...
Mon, 26 Jun, 2023 at 8:33 AM