Inventory risks Archives - 21st Century Mortgage

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5 Actionable Ways to Reduce Inventory Damage

Originally published October 21, 2020. Last updated January 23, 2025. Managing inventory comes with many challenges, an important one being how to reduce inventory damage. Damage to inventory can occur at any point in your processes. Some products are damaged at the time of receiving, some are damaged during handling or storage and others are [...]

By | January 23rd, 2025|Inventory risks, Risk Management Tips, Weather safety|0 Comments
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4 Common Claims for Inventory

Many inventory dealers wonder what happens when they have a claim. What claims are most common and what circumstances lead to those claims are also top questions asked by dealers. As one of the nation’s top insurance administrators, we see a lot of claims. Here are four of the most common claims for inventory and [...]

By | September 30th, 2024|Inventory risks, Risk Management Tips|Comments Off on 4 Common Claims for Inventory
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LOCKTON AFFINITY, LLC

10895 Lowell Avenue, Suite 300 | Overland Park, KS 66210

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The 21st Mortgage Inventory Insurance Program is administered by Lockton Affinity, LLC d/b/a Lockton Affinity Insurance Brokers LLC in California #0795478. Coverage is subject to actual policy terms and conditions. Policy benefits are the sole responsibility of the issuing insurance company. Coverage is provided by an excess/surplus lines insurer which is not licensed by or subject to the supervision of the insurance department of your state of residence. Policy coverage forms and rates are not subject to regulation by the insurance department of your state of residence. Excess/Surplus lines insurers do not generally participate in state guaranty funds and therefore insureds are not protected by such funds in the event of the insurer’s insolvency. 21st Mortgage Corporation will receive a royalty fee for the licensing of its name and trademarks as part of the insurance program offered to the extent permitted by applicable law.