Insurance Tracking Tranquility

Welcome to QuieTrack

Who We Are
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Improve Borrower Experience

Providing a quiet experience for borrowers through insurance tracking and ensuring your borrowers are protected.

Save Money and Time

Seamless, efficient lender experience with our easy-to-use website to improve internal insurance tracking procedures to allow teams to focus on more important tasks.

We're Focused on Helping You

QuieTrack’s mission is to "quiet" down insurance tracking by enhancing your borrower’s experience, lowering your expenses, and mitigating your uninsured collateral risks. We accomplish this by providing an effective, clear, and boutique level of service. QuieTrack’s 50 years of experience, our professional and courteous team, and our proprietary tracking software drastically reduces all insurance tracking activity and false placement of LPI coverage on your loans. You benefit from a remarkable increase in borrower satisfaction, coupled with substantial time savings for your staff.

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800-743-3898
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Insurance Services

Learn more about the insurance services offered at QuieTrack

It's Our Mission to Get You Back on the RighTrack

About Our Mission

Question? Answers.

If you have any more questions, contact us!

. What is insurance tracking?

The process of matching a borrower’s insurance documents to a lender’s loan and collateral record. This also includes evaluating the borrower’s insurance coverage to ensure it satisfies the Lender’s insurance requirements and business rules.

. How is QuieTrack unique?

50 years of experience can’t be invented or imitated. Our deep understanding and knowledge guide our best-in-class program. Three primary differentiators: 1) We proactively collect your borrower’s insurance prior to any tracking letters and pride ourselves on our “answer the phone” boutique service. 2) Our industry-best, user-friendly technologies create a tranquil lender and borrower experience. 3) We can track ANY type of insurance requirement you require, especially complex commercial loans, and customize our program to your exact specifications. That’s why many of our clients have been with us for over 40 years and why our new clients chose QuieTrack as their solution.

. What is lender placed insurance?

Lender Placed Insurance (LPI) insures specific loan collateral for the benefit of the Lender. LPI is also known as forced placed insurance, collateral protection insurance, mortgage hazard insurance, and mortgage flood insurance. It’s placement, premiums, cancellation, refunds, and coverages are evidenced by a Notice of Insurance (NOI) and governed by the Master Policy. This type of coverage is limited in its coverage and may not provide enough coverage to protect the borrower’s equity in the collateral. Furthermore, it only provides physical damage coverage (not liability) because its primary purpose is to protect the lender’s interest.

. What is risk mitigation?

Risk mitigation lowers the severity or exposure to a risk. This may be accomplished by developing preventative and reactive strategies to lower the probability of risk or its magnitude. Specific to collateralized lending, risk mitigation focuses on the primary risk of the collateral losing all or some of its value. The perils of fire, flood, theft, explosion, and other perils constantly puts collateral at risk of losing value. Risk mitigation can also be thought of as risk control. Preventative efforts to mitigate or control risk through insurance has an expense factor. However, the cost of reacting or bearing the risk in its entirety is certain to be more costly.

  • Save any report to Excel or PDF

  • Check out the Custom Report generator

  • You can now search, view, save & print EDI policies

  • Easily upload insurance documents & loan extract files to our SFTP

50+

Years of
Experience

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