Force-Placed Insurance for Lenders
Bind Lender-Placed Insurance in Minutes
When borrowers let their coverage lapse, protect your collateral instantly. Competitive rates through Lloyd's of London with fully automated compliance documentation — built for private lenders, hard money lenders, seller-financers, and community banks.
Insurance gaps put your loans at risk
When borrower insurance lapses, your collateral is exposed. Traditional force-placement takes weeks — leaving your portfolio vulnerable to uninsured losses.
- Borrowers let policies lapse without notice
- Traditional force-placement takes 2-4 weeks
- Manual compliance workflows create regulatory risk
- Surplus lines tax calculations are complex and error-prone
FastFPI solves all of this
- Bind coverage in minutes — not weeks
- Competitive rates through Lloyd's of London
- Automated surplus lines tax calculations for every state
- Compliant notice and cancellation workflows built in
- Full COI generation and document management
Everything You Need for Force-Placed Insurance
From quote to bind to cancellation — FastFPI handles the entire force-placement workflow.
Instant Binding
Get a quote and bind force-placed coverage in minutes. No more waiting days or weeks for carrier responses.
Lloyd's of London Backing
Policies underwritten through Lloyd's of London — one of the world's most trusted insurance markets.
Document Generation
Certificates of insurance, policy documents, and disclosure letters generated automatically.
Flexible Billing
Invoice via Stripe with credit card, ACH direct debit, or bank wire. 30-day payment terms available.
How FastFPI Works
Enter Property Details
Provide the property address, coverage amount, and loan information. Address verification and FEMA flood zone lookup happen automatically.
Review Your Quote
See your premium, surplus lines taxes, and total cost instantly. Rates are competitive and tiered by county risk level.
Bind Coverage
Approve the quote and coverage is bound immediately. Certificate of insurance is generated and available for download.
Manage & Track
Monitor all your force-placed policies from a single dashboard. Get alerts for renewals and process cancellations when borrowers restore coverage.
Built for Every Lender
Traditional force-placed insurance programs are designed for large banks and servicers. FastFPI is purpose-built for any lender who needs quick, reliable placement.
- No minimum portfolio size requirements
- Self-service — no broker or agent needed
- Coverage for residential and commercial properties
- Transparent pricing with no hidden fees
- No long-term contracts required
FastFPI vs. Traditional Force-Placement
| Feature | FastFPI | Traditional |
|---|---|---|
| Time to bind | Minutes | Days–weeks |
| Self-service quoting | Yes | No |
| Automated compliance | Yes | Manual |
| Tax calculations | Automatic | Manual |
| Minimum portfolio | None | Often 100+ |
| Online billing | ACH/Card/Wire | Check only |
Trusted by Lenders Nationwide
“FastFPI let us bind force-placed insurance in minutes. Before, it took weeks of back-and-forth with carriers. Game changer for our portfolio.”
“We no longer worry about collateral exposure. When a borrower lapses, we place coverage the same day. The compliance documentation is a huge bonus.”
Start Protecting Your Collateral Today
Sign up for FastFPI and bind your first force-placed policy in minutes. No contracts, no minimum portfolio requirements.