I believe that E&O insurance is a necessity. I would not do any work without it. Anyone can make a mistake - regardless of experience - and not carrying E&O insurance could be VERY costly.
It also shows your professionalism. It is a commitment that will make your clients feel more secure relying on your work. Not to mention, many of your potential clients may require it.
I notice you do have some experience, so getting the insurance may not be a problem if you have been title searching long enough. I would contact Nancy Walker at Title Program Administrators (click on their banner ad in the upper right hand column). I switched my E&O to TPA this year and it was significantly less than we paid last year. I wouldn't go so far as to say it is cheap - no E&O insurance is - but if anyone can help you, they can.
Best of luck,
Robert A. Franco
SOURCE OF TITLE
to post a reply:
login - or -
register