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Title Professionals Insurance

Title Agents Insurance

Anyone Can Make An Error!

Although you maintain a high degree of professionalism, it’s easier than ever to make an error as mortgage rules and regulations continue to become more complex. What’s more, you don’t even have to make a mistake to be sued by an unhappy client. Top-notch Errors & Omissions coverage from FLAG Insurance Services is designed to protect you and your firm in either scenario. And as we do for all clients, we will shop for you among our title insurance company partners, all of which are rated Superior or Excellent by A.M. Best. We shop. You save!

Eligible Professionals

Many title professionals are eligible for coverage:

  • Title Insurance Agents
  • Closing / Escrow Agents
  • Corporate Document Searchers
  • Public Records Searchers
  • Notaries Public
  • Settlement Agents
  • Title Abstractors
  • Title Examiners
  • Title Searchers
  • Witness Closers

Errors & Omissions Coverage Required by Florida Law

Title Agencies are required by Florida law (STATUTE 626.8419) to carry a minimum of $250,000 in Errors & Omissions coverage. Based on FLAG’s experience, most title agencies carry at least $500,000, and many mortgage companies are now requiring limits of $1 million or more.

Standard E & O policies offered by FLAG Insurance Services can include coverage limits up to $2 million. However we also offer “Excess” policies if higher limits are desired.

You can choose a deductible as low as $1,000 or as high as $10,000.

Complete this single page form and we’ll respond with an estimated premium. You’re also welcome to request a non-binding premium estimate based on a current, completed application from any insurance carrier. Get an estimate   Complete and submit this full application with a Claim Supplement (if applicable) and we’ll respond with a firm quote. Get a quote

Fidelity and Surety Bonds, Too.

Fidelity Bonds are a form of insurance protection that covers policyholders for losses incurred as a result of fraudulent acts by specified individuals (usually losses caused by the dishonest acts of employees).

A Surety Bond is a promise to pay one party (the title insurance underwriter) a specified amount if a second party (your agency) fails to meet some obligation (such as breach of fiduciary duty or theft).

You can count on FLAG for both Fidelity and Surety Bonds.

Bond Coverage Required by Florida Law

Florida law (STATUTE 626.8419) requires Title Agencies to carry a Fidelity Bond with coverage limits of at least $50,000, and a Surety Bond of at least $35,000. Both Bonds available at FLAG Insurance Services.

Fidelity Bonds carry a $1,000 deductible. There is no deductible on Surety Bonds.

Complete and submit this full application with a Claim Supplement (if applicable) and we’ll respond with a firm quote. Get a quote

Additional Coverage Options

To request a quote on any of the title professionals’ insurance coverage options for below, click on the name for the corresponding application.

From one professional to another, we look forward to serving you!

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