The Insurance tab contains basic information to help you track insurance policies and produce insurance expiration notices. You are able to add insurance information from the Insurance tab or the Edit Property window.
To add property insurance details from the Insurance tab:
- Click on
Loan Servicing in the left panel of The Mortgage Office®. - Click the Loans drop-down.
- Click All Loans.
- From All Loans grid, select the loan you want to modify.
TIP: If the record you want to edit is not visible, use the grid's vertical scroll bar to scroll the contents of the grid up or down, or click 
Find to search for the record by entering your own search criteria. For additional information see How to use find and How to use the data grids.
- Double click the loan or click
Edit from the icons at the top of the page. - Click
Properties on the vertical menu on the left. - Click the Insurance tab from the options at the top of the window.
- Click
New. - In the New Insurance window, enter the following information:
| Field: | Description: |
| Property |
Select Unassigned or a Property from the drop-down list. The drop-down list is automatically populated with all the properties for this loan. TIP: If you want to associate an insurance policy to a property, then select it from the list; otherwise select None. |
|
Description |
Select a policy description from the drop-down list. For example: Hazard Insurance.
TIP: To add, rename, merge or delete items from the list, click the blue Description hyperlink, select a description from the list and use the commands to the right. |
|
Insured's Name |
Enter the name of the policy holder. (Maximum of 64 characters) |
|
Company Name |
Enter the name of the insurance company that issued the policy. (Maximum of 64 characters) |
|
Policy Number |
Enter the insurance policy number. (Maximum of 20 characters) |
|
Expiration |
Enter the date the insurance policy expires. TIP: This date is used to generate the Insurance Expiration Report and Insurance Expiration Notices.
|
|
Coverage |
Enter the dollar amount of coverage. |
|
|
Select this option if this policy is active. TIP: Inactive insurance policies are excluded from the Insurance Expiration Report and Insurance Expiration Notices. TIP: This is a convenient option if you want to keep track of old insurance policies. |
|
Agent's Name |
Enter the name of the insurance agent. (Maximum of 64 character) |
|
Bus. Address |
Enter the address of the insurance agent. (Maximum of 128 characters) |
|
Phone Number |
Enter the phone number of the insurance agent. (Maximum of 20 characters) |
|
Fax Number |
Enter the fax number of the insurance agent. (Maximum of 20 characters) |
|
|
Enter the email address of the insurance agent. |
|
Notes tab |
Enter any additional notes you want to notate about the insurance for this file. |
Active 
- Click
OK to save or 
Cancel or the 
in the top right corner to the abort the changes.
To add property insurance details from the Edit Property window:
- Click on Loan Servicing in the left panel of The Mortgage Office®.
- Click the Loans drop-down.
- Click All Loans.
- From All Loans grid, select the loan you want to modify.
TIP: If the record you want to edit is not visible, use the grid's vertical scroll bar to scroll the contents of the grid up or down, or click Find to search for the record by entering your own search criteria. For additional information see How to use find and How to use the data grids.
- Double click the loan or click Edit from the icons at the top of the page.
- Click Properties on the vertical menu on the left.
- Double click the property you want to add insurance for or highlight the record and click Edit from the icons at the top of the page.
- Click the Insurance tab at the top of the window.
- Click New.
- In the New Insurance window, enter the following information:
| Field: | Description: |
| Property |
This field will default to the property you're editing and will be read-only.
|
|
Description |
Select a policy description from the drop-down list. For example: Hazard Insurance.
TIP: To add, rename, merge or delete items from the list, click the blue Description hyperlink, select a description from the list and use the commands to the right. |
|
Insured's Name |
Enter the name of the policy holder. (Maximum of 64 characters) |
|
Company Name |
Enter the name of the insurance company that issued the policy. (Maximum of 64 characters) |
|
Policy Number |
Enter the insurance policy number. (Maximum of 20 characters) |
|
Expiration |
Enter the date the insurance policy expires. TIP: This date is used to generate the Insurance Expiration Report and Insurance Expiration Notices.
|
|
Coverage |
Enter the dollar amount of coverage. |
|
|
Select this option if this policy is active. TIP: Inactive insurance policies are excluded from the Insurance Expiration Report and Insurance Expiration Notices. TIP: This is a convenient option if you want to keep track of old insurance policies. |
|
Agent's Name |
Enter the name of the insurance agent. (Maximum of 64 character) |
|
Bus. Address |
Enter the address of the insurance agent. (Maximum of 128 characters) |
|
Phone Number |
Enter the phone number of the insurance agent. (Maximum of 20 characters) |
|
Fax Number |
Enter the fax number of the insurance agent. (Maximum of 20 characters) |
|
|
Enter the email address of the insurance agent. |
|
Notes tab |
Enter any additional notes you want to notate about the insurance for this file. |
- Click OK to save or Cancel or the in the top right corner to the abort the changes.
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