What is an interested party?
An Interested Party is someone that has a financial interest in your property. It is usually a bank or mortgagee. If you are purchasing a home with a mortgage the bank will require that it’s interest is noted on your insurance policy, so that in the event of a major loss, they are also taken care of.
Change Interested Party on your Policy
To update your Interested Party, login to your dashboard and select ‘Make a Change’ on the policy. Then you can select to change the Interested Party and Insured Name. A new certificate of insurance will be emailed to you.