Force-Placed Insurance: Protecting Lenders and Financial Interests
When a borrower’s insurance policy lapses, lenders face exposure that can jeopardize their financial interests. To safeguard collateral and remain compliant, many Utah lenders turn to force-placed insurance in UT. This specialized coverage protects lenders when borrowers fail to maintain adequate insurance and enables financial institutions to remain compliant with state and federal requirements. What […]
October 6, 2025