How does Evident's AI verify insurance documents?
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It reads each document line by line, connects coverage to the specific financed assets, and checks every detail against your requirements for that asset class — the tedious checks people tend to skim. Unusual or unclear documents go to expert review, so speed doesn't come at the cost of accuracy.
Our force-placed program bundles in COI tracking. Why change?
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Bundled tracking is usually pretty limited, often just built to track lapses and expirations, which leaves you with a ton of manual, admin overhead. Evident is built to verify every asset in detail upfront and through the lifecycle, giving your team visibility and control even as things change. Evident works alongside your insurance partner to build a more robust program, which is why we've got partnerships with Assurant, Hub, Marsh, WTW and more.
What is collateral insurance tracking?
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Confirming that every financed asset carries the insurance the loan or lease requires — and keeping that confirmation current through renewals, cancellations and collateral changes.
Can Evident match coverage to a specific VIN or serial number?
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Yes. Each financed vehicle or machine is matched to the coverage that applies, and mismatches or missing units are flagged.
Can we set different requirements for different kinds of collateral?
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Yes — for example standard vehicles, government-owned or self-insured vehicles, and equipment and machinery, each with its own rules and per-asset deductible limits.
How does Evident help with force-placed insurance?
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It tracks renewals and flags cancellations early, so your team knows exactly when coverage has lapsed and force-placement should be triggered. Evident doesn't sell or place insurance.
Does Evident provide force-placed insurance?
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No. We can work with your process and partners to smoothly automate this, but we don't provide the insurance ourselves. If you're evaluating options for the insurance, we're happy to introduce you to some of our partners.
Can documents come only from the borrower's broker?
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Yes, it's an optional requirement.
What if a certificate lists only some of the financed units?
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The units it identifies are verified; any unit it doesn't identify stays flagged until coverage for it is provided.
Can Evident connect to our servicing or leasing system?
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Yes — through APIs and bulk imports and exports, with the flexibility to fit your particular systems and processes. We've got dozens of pre-built integrations, or can support your custom in-house system.
