Property: Evidence of Insurance (EOI)

Evidence of insurance refers to documentation provided by an insurance company to prove that an individual or entity has an active insurance policy in place. Evidence of insurance is abbreviated EOI. The abbreviation HOI is sometimes used to interchangeably refer to Homeowner’s insurance policies or binders and evidence of insurance.

Context: Identifying the document.

  1. Evidence of insurance or property insurance header

Key takeaways: Important information.

  1. Agency and contact information

  2. Insured persons/entity

  3. Loan number

  4. Policy number

  5. Effective and expiration date

  6. Property information

  7. Coverage information

  8. Additional interest/Mortgagee Clause

Notes on Evidence of Insurance:

  • Additional interest must match the company mortgagee clause (below). Panorama Mortgage Group, LLC ISAOA/ATIMA 6623 Las Vegas Blvd. South, Ste F-200 Las Vegas, NV 89119

  • If the dwelling coverage and extended replacement coverage aren’t sufficient to cover the loan amount, a Replacement Cost Estimator will be necessary. (In some states, it isn’t possible to request a Replacement Cost Estimator if it hasn’t been provided yet.)

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