Title Agency Errors & Omissions
Title Agency Errors & Omissions
Title Agency Errors and Omissions (E&O) Insurance is essential to safeguard against claims arising from mistakes, oversights, or failures in providing professional services. It’s also a required policy to have along with Fidelity and Surety Bonds.
In the event a client holds you and your agency responsible for a service that did not provide the expected or promised results, the costs of defending yourself against these claims can be exorbitant, no matter how baseless you may find the claim.
At Kouwenhoven & Associates Inc., we specialize in providing tailored Title Agency E&O insurance solutions designed to protect your agency from a wide range of professional risks.
With over 30 years of experience in professional liability insurance, we have the expertise to ensure your agency is well-protected.
Why Title Agency Insurance Is Crucial
If your firm has a separate title agency entity, it is essential you have specific coverage that protects you in the event of a lawsuit. Most E&O policies cover judgments, settlements and defense costs. Even if the allegations are groundless, it can cost you thousands of dollars to mount a defense. With the right insurance in place, the cost and inconvenience to your firm is drastically reduced.
1. Financial Security
Cover the costs associated with legal defense, settlements, and judgments resulting from claims of errors or omissions in your professional services.
2. Reputation Management
Protect your agency’s reputation by demonstrating a commitment to professionalism and accountability in your title agency.
3. Client Confidence
Reinforce client trust by ensuring that your agency is protected against potential claims of negligence or malpractice.
Comprehensive Coverage for Professional Services
Whether you’re with a small boutique practice or a large firm with hundreds of attorneys, our E&O insurance solutions are customized to meet your specific needs.
We offer flexible policies that can scale with your practice, ensuring you always have the right level of protection.
Our Title Agency E&O Insurance includes:
- Missed Liens or Encumbrances
- Errors in Document Preparation
- Improper Title Searches
- Miscommunication or Misrepresentation
You know better than anyone the cost of mounting a legal defense. It can be detrimental to a small agency and cause large-scale reputational damage to a larger firm. Don’t get caught without the proper protection.
Don’t Let Legal Costs Hurt Your Bottom Line
Law firms and title agencies are particularly vulnerable to malpractice lawsuits because clients can allege that their attorney’s actions or lack thereof caused them to lose a case and suffer financial loss and harm.
Even if these claims of negligence or breach of duty are baseless, your firm still needs to address them which can cost you a huge amount of time and money. E&O insurance offers you financial security by covering both your legal costs and a potential settlement or judgment.
E&O insurance also helps you mitigate the impact of potential human errors in a case. Even the most experienced attorney can make a mistake or give advice that proves to be unsuccessful, and a client might take action against that mistake.
Finally, E&O insurance allows you to work quickly to squash claims of negligence against your firm thereby protecting your reputation and preventing any substantial downtime in business.
The Kouwenhoven Advantage
We are committed to protecting law firms and their other business entities, not just maximizing our commissions. Our personalized approach ensures that your Title Agency E&O insurance policy is tailored to the unique needs of your firm, providing the best possible protection against claims.
Expertise in the Field
Our agency works only with law firms and their entities meaning we have a deep understanding of your insurance needs and can provide tailored solutions.
More Options, Better Cost
As an independent agency, we’re able to work with numerous insurance carriers to find the best coverage options for your agency's professional liability.
Personalized Service
From policy selection to ever-changing compliance laws, our dedicated team is with you every step of the way, ensuring a seamless and stress-free experience.