Real-estate-owned (REO) assets can be a drain on staff and financial resources at lending institutions. Preventing loss due to lapsed insurance is a necessary precaution in these challenging situations. OSC delivers REO commercial and residential property protection and state-of-the art IrisX (Informed RISk eXchange) tracking technology.

Protection, convenience, and reliability for lender-owned property.

  • Easy-to-access and cost-effective
  • Monthly premiums can be started or stopped readily, saving you money
  • Special form coverage with limits up to $10MM+, more on request
  • Replacement cost: With certain exceptions, generally offers no depreciation adjustments
  • Wind coverage: Available even in coastal areas and for named storms.
  • Flood coverage option of $250,000 per residential and $500,000 per commercial property
  • Deductibles: Options from $250 up to $100,000 with special wind deductibles
  • Earthquake coverage: Available in all states except Alaska and California (inquire as to options)
  • General liability: Limits up to $1MM each occurrence with a $2MM aggregate; Excess coverage available
how can we help you?

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