Loss Drafts Information Part 1

4. Authorization can be written or _________.
6. Insurance provided on the mortgage company's behalf
8. Where will Lender Placed Insurance Department send the claim check and adjuster's report?
11. We can provide any caller ________ information.
13. A court document providing authorization
14. Information that can be provided to an authorized third party must be only _______ _________.
17. Whose name is the Lender Placed Insurance claim check made out to?
20. When the borrower's original adjuster's report does not include all the damages, the insurance company may issue _________.
21. We ask that the check be __________ before it is sent to Loss Drafts, in case we need to deposit it for any reason.
22. State Farm is an example of ________ insurance

1. What document is Loss Drafts required to send to a borrower with a Lender Placed claim?
2. Court document stating a person will have authorization to represent or act on another's behalf while alive.
3. ANYONE is able to open a _______ ______.
5. Once all repairs are completed, the insurance company will release ________ depreciation.
7. A supplemental document to the adjuster's eport providing additional information about the payments.
9. A requirement on every call, no matter the caller.
10. A caller is not fully verified until they have provided ________ verification points.
12. The maximum amount the insurance company will issue for a claim
15. An insurance agent will have to verify the _________ in addition to the claim or policy #.
16. If the original adjuster's report did not include all of the damages the insurance company paid out for, it needs to be ________.
18. If a borrower has Lender Placed insurance, who is typically their insurance company?
19. What is needed for Loss Drafts to be able to speak with anyone other than a named borrower on the loan?