2018 Storm Season Disaster Preparedeness Guide
2017 was a catastrophic year for storms, wildfires and other natural disasters, leaving many mortgage servicers unprepared for the resulting high volume of damage claims, coverage questions, and customer service issues.
2018 appears to be on track to be another record setting storm season with significant property damage and losses.
DIMONT stands by ready to assist Servicers and has prepared this guide with various resources including:
- Video showing impact of anticipated claim filings in the various regions affected by storms
- White paper discussing the best practices in preparing for natural disasters
- Resources for Flood valuations and handling homeowner questions and claims
In response to 2017, a catastrophic year for storms, wildfires, and other natural disasters, DIMONT offers the following disaster preparedness services, featuring three essential components of storm season readiness for servicers.
Detailed structural analyses by our collateral experts, who render coverage opinions on properties in flood zones, ensuring proper asset protection and regulatory compliance with the National Flood Insurance Program.
Licensed public adjusting of filing hazard claims on lender placed and retail insurance policies, capturing maximum recovery dollars for the investor within required servicer timeframes.
Our insurance claims, inspection and repair expertise, partnered with collaborative self-serve technology provides an efficient funds distribution and collateral protection solution to the mortgage industry.