Applied Assurance Corp. is an insurance company that insures lenders and landlords against lease, rental and mortgage payment default. Our founders believe providing protection from payment default due to hardships delivers premium performance for investors and sustains households assisting the communities we serve.
We understand what mandated and required mortgage insurance does nothing to benefit borrowers should a financial hardship occur. Without hardship protection, risk of payment default due to a life event is more likely.
Applied Assurance's Home Payment Protection coverage was designed to change this and combines hardship counseling with financial relief that begins when a claim is filed. Claims paid under Home Payment Protection contracts enable both the obligor and the servicer to keep a cash flow on the contracted monthly payment adding a much needed mitigation option.
Home Payment Protection is distributed by Applied Assurance Corp. and through MI Assurance Ltd. Consumer counseling is provided through federally qualified nonprofit providers.
Applied Assurance Corp. was founded with the mission to provide innovative products supporting local communities in the quest of increasing household wealth through homeownership. Home Payment Protection was designed and led by a team of industry professionals that take a commonsense approach to mitigating risk. This approach considers both industry and consumer-facing risks without regard to tradition. If you are interested in supporting our mission, contact us to inquire about joining our team.
CONTACT US
Need to file a claim?
File a Claim |
info@appliedassurance.net |
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702-932-2636 |
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871 Coronado Center Dr, Suite 200 Henderson, NV 89052 USA |