A One-Stop Solution for Shopping Title Insurance and Closing Settlement Services in Colorado

Having the right protections

IS THE TITLE INSURANCE INDUSTRY REGULATED?

Yes. Title insurance companies and title agents are licensed and regulated by the Colorado Division of Insurance. However, the regulated environment for title insurance and closing services is very outdated; as title companies are not required to undergo a criminal background check or have any form of business coverages (i.e. fidelity, crime, cyber security, errors & omission and general liability insurance) that would be essential in protecting your money, information/identity and the real estate closing process.

Some may tell you there is no reason to shop and compare title companies because the industry is regulated and everything is the same, which is far from truth.

Would you be concerned if the Title Company your using does not have the following business coverages?


Provides coverage that protects the Title Company and you from loss of monies or other properties as a result of an employee's (and owner's) dishonesty related to embezzlement, forgery, robbery, safe burglary, computer fraud, wire transfer fraud, counterfeiting, and other criminal acts.
Provides coverage that protects the Title Company and you from loss of monies or other properties as a result of being victimized by an outside person perpetrating forgery, robbery, safe burglary, computer fraud, e-theft, wire transfer fraud, counterfeiting, securities theft and other criminal acts.
Provides coverage that protects the Title Company and you from loss and damage occurring from a company's Internet / Intranet and website data breach, network extortion, identity theft, privacy infringement, and many other forms of malicious acts.
Provides assurances to you that the Title Company is reputable in protecting itself from claims if you hold the Title Company responsible for errors or the failure of their work in services performed. This form of insurance should provide coverage for both "title and closing services".
Provides assurance to you that the Title Company is reputable in its business practices to protect itself and you from medical injury, property damage, theft claims, and other actions.



Copyright © 2017, TISERVICES, LLC. All Rights Reserved.