The following states have statues, regulations, or interpretations which do not permit a financial institution to pass the Lenders Single Interest (LSI, or Blanket VSI) premium on the borrower: *
Alabama, Delaware, Michigan, Missouri, Nebraska, New Jersey, Pennsylvania, Texas
It is our understanding that, under current laws and regulations, a financial institution may pass the Lenders Single Interest premium on to the borrower in the remaining states. If you have a question about a particular state, please contact our office and we will check with the carrier to verify.
* As verified with Great American Insurance Company, 10/28/2014
