Maximize Profit Margins with Essential Title Agency Insurance

Types of Coverage Essential for Title Agencies

There are several types of insurance coverages that title agencies should consider to ensure comprehensive protection:

• Errors and Omissions Insurance: This is perhaps the most critical coverage, protecting your agency from claims of negligence or mistakes in the title search process. In an industry where precision is key, this insurance acts as a safety net against human error.
• General Liability Insurance: This covers your business against claims of bodily injury or property damage that might occur on your premises, safeguarding your agency from potential lawsuits.
• Cyber Liability Insurance: With the increasing reliance on digital platforms, protecting sensitive client data from breaches is paramount. Cyber liability insurance helps cover the costs associated with data breaches and cyber-attacks.