Why Partner With Us?

Proctor Financial has established relationships with multiple AM Best carriers rated "A-" or better. The result — exceptional program flexibility and stability backed by the proven performance of a leader:

  • A legacy of experience 125 years strong
  • Pioneer of lender-placed insurance
  • Trusted by over 1,600 lenders nationwide
  • Over $23 billion of coverage in force
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Home arrow Products arrow KwikRisk® • Excess and Surplus Lines Coverage Solutions
KwikRisk

KwikRisk®

Hard-to-Place and Special-Needs Insurance

KwikRisk is designed to insure properties where loan values exceed a lender's Mortgage Guard or REO Guard limit. KwikRisk can also provide lender-placed coverage for those properties that do not meet minimum requirements of a Mortgage Guard or REO Guard policy. In addition, KwikRisk can be used to cover non-financial entities and non-real estate collateral such as contractor's equipment, machinery and business personal property.

Product Details

Property

  • Vacant
             • Residential and commercial buildings.
             • Buildings undergoing minor repairs, alterations, or improvements.
  • General
             • Mercantile, strip malls, office buildings, and warehouses.
  • 1 to 4 Family Dwellings
             • Dwelling fire coverage for tenant occupied dwellings.
  • Builder’s Risk/ Building Renovations
             • New construction
             • Renovations
             • Able to quote on wide range of projects.          
  • Coverage

             • Policy terms of 3, 6, and 12 months
             • Insured limits up to $10,000,000
             • $1,000,000 limit on frame construction

Liability

  • Commercial General Liability (CGL) for mercantile, habitational, and contractors.
  • Vacant buildings.
  • Vacant land up to 500 acres.
  • Commercial Umbrella/ Excess Commercial Umbrella
  • Comprehensive Personal Liability (CPL)
  • Personal Liability Umbrella
Excess Flood
  • Coverage available over NFIP Limits of:
             • $250,000 on Residential
             • $500,000 on Commercial
  • Limits up to $10,000,000; $15,000,000 on Condominiums
 

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