Nation’s first ‘Down Payment Insurance Policy’

EAST WINDSOR, CT (March 3, 2017) — Insuritas is proud to present the nation’s first Mortgage Down Payment Protection Insurance Policy –allowing home buyers/borrowers to protect their down payment while providing value and extraordinary piece of mind.

Jeffrey Chesky, CEO of Insuritas announced; “Down Payment Protection insurance is one of the most important innovations in the mortgage industry since the adjustable rate mortgage.” Down Payment Protection, “DPP” is designed to reimburse borrowers for any loss of their down payment when they sell their home for seven years from the date of purchase.

Chesky continued; “For the first time, borrowers can insure their down payment against the risk of loss while satisfying their financial and emotional concerns about participating in homeownership.” Lenders can expand the portfolio of mortgage offerings with DPP allowing a larger segment of the home buying population to be serviced while enhancing the home purchase/lending experience as a whole.

ValueInsured outlined down payment protection as being one of the most effective and far-reaching credit risk transfer solutions, citing “Down Payment Protection represents an additional up-front risk transfer mechanism not currently in use… DPP is the only upfront risk mechanism designed to modify borrow behavior…”

Provided by Insuritas through ValueInsured, Insuritas CEO Jeffrey Chesky added “Our master agency platform is ready to deliver this product to financial institution mortgage origination teams now.”

For more product information, please contact SVP Thomas Baltes at 860.653.1136 or email

About Insuritas

Insuritas’ mission is to connect people to the insurance products they need through a seamless, transparent shopping experience in which carriers compete to provide them with the right coverage at the right price. Leveraging proprietary data-mining techniques and integrations through its BUNDLE brand, Insuritas offers a vast network of solutions to empower partners to operate their own labeled, full-service insurance agency. With Insuritas' data solutions, partners can generate expanded wallet share, increased retention, and recurring non-interest revenue. For more information, visit


Jeff Chesky, Insuritas

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