Add/Edit insurance

Lenders will often track the insurance information for a collateral item such as an automobile. Note the following when making this request:

The Insurance object is nested within the Loans entity.

Insurance information is not required for collateral tracking items, but each loan account can only have one set of insurance information—even if there are multiple collateralized items.

🚧

Updating insurance information

The __id and __update fields are required to successfully update the insurance information. When sending a request without these fields, the insurance object in the payload of the request will replace the insurance object associated with the loan.

Database

For information on insurance and collateral tracking database tables, see the following articles:

Database – Loan Insurance Info (loan_insurance_entity)

Database – Collateral Entity (collateral_entity)

Database – Collateral Field Entity (collateral_field_entity)

{
    "Insurance": {
        "companyName": "State Farm",
        "insured": "Jane Doe",
        "agentName": "Mr. Agent",
        "policyNumber": "EIRK-049203-0498",
        "phone": "5555555555",
        "deductible": "900.00",
        "startDate": "2015-01-15",
        "endDate": "2015-01-15"
    }
}

{
    "Insurance": {
        "companyName": "State Farm",
        "insured": "Jane Doe",
        "agentName": "Mr. Agent",
        "policyNumber": "EIRK-049203-0498",
        "phone": "5555555555",
        "deductible": "900.00",
        "startDate": "2015-01-15",
        "endDate": "2015-01-15", 
        "__id": 22,
        "__update": true
    }
}