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Welcome to MortgageFlood.com. Through this site, Lee & Mason makes requesting flood insurance easy.
Minimal underwriting information is required to bind coverage, and co-insurance is not necessary. Your institution is the named insured on a master policy, and you decide the insured value of the property - replacement cost or principal balance.
During the mandatory notification period, we fully cover all reported escrowed and non-escrowed properties, mobile and manufactured homes, REOs and residential and commercial properties. If, however, coverage is cancelled within the initial 60 days and no claims have been reported, you will not be charged any premium. After the notification period, you can continue with our coverage or convert to a standard NFIP policy.
Although there may be situations when you prefer to use a standard NFIP policy, our flood insurance program does combine NFIP standardized quotes with the convenience of immediate binding, annual premiums, and minimal paperwork.
| Coverage |
Peril of Flood |
| Limit |
$250,000 per residential property
$500,000 per commercial property |
| Deductible |
$1,000 |
Try www.MortgageHazard.com, a safe and secure web management tool for administering lender-placed mortgage hazard insurance.
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