Collateral Protection Insurance

J.T. Miller Company
800-328-4545

Lender Placed Collateral Insurance covers collateral when the borrower has let their primary insurance lapse. Our program helps lenders easily add coverage for any uninsured loan in their portfolio. Typically, loans will be tracked for insurance by the Lender, with our program Lenders are able to take advantage of Letter Notification Services to ensure required Letter Notices get sent out to the borrower at correct intervals.

Key Features of Collateral Protection Insurance

  • Coverage for Autos, Recreational & Commercial Vehicles

  • Binder Period before premium is due

  • Lender can bind coverage immediately

  • All Risk Physical Damage Coverage

  • Repossession not required for claim payment

  • Online Ordering

  • ProRata Refunds

See what our satisfied clients say about us

"Thanks again for doing such a great job for us, and answering ALL of our questions! We love working with you and the entire staff at J.T. Miller."

Kathy Junker

VP of Real Estate Mortgage, First State Bank & Trust - Bayport

"We really appreciate Wade & Kurt from J.T. Miller as they have taken time to explain in detail our insurance options and coverage. Because of Wade and Kurt, we believe that we have purchased the best Bond and D&O Coverage possible. Kudos to J.T. Miller!"

Dean M.

President & CEO, VisionBank

Contact Us

Ready to see which collateral protection insurance plans provide the best coverage for your lending institution? Contact one of the J.T. Miller Company experts to learn more.

CONTACT

J.T. Miller Company
52 Hamel Road
Hamel, MN 55340-9625

Map / Directions

(800)-328-4545
Fax: 763-512-2818

Hours: 8am - 4:45pm Mon.-Fri.

 

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