ABSTRACTORS

Abstractors work hard to dot their “I’s” and cross their “T’s” when preparing a title opinion. Protect yourself from allegations claiming legal liability for mistakes made during the search.

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Broker Resources

Info Sheet

Application

Trust Norman-Spencer to have your back.
Call us at (800) 543-3248 to learn more about application requirements and submission requirements.

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ABSTRACTOR Coverage

OVERVIEW

Norman-Spencer serves the real estate industry by providing leading E&O coverage. Our Abstractor/Searcher program is backed by an AM Best A++ rated carrier. Coverage is provided on a non-admitted basis.

Highlights

Claims Made and Reported Policy Form
Pre-Claim Assistance
Disciplinary Proceedings – $25,000 Supplemental Limit
Loss of Earnings and Expense Reimbursement – $500/Day/Insured Subject to $10,000 Aggregate Supplemental Limit
Deductible Reduction for Early Claim Settlement or Settlement via Mediation
Multiple ERP Options, Including Unlimited

Appetite

• Witness Closers
• No Vendor Managers
• Claim Free
• Revenues of $350K or Less
• No Oil/Gas
• Commercial 25% or Less

Limits

Two Limit Options Only:
Defense Within Limits

$500,000/$500,000 or

$1,000,000/$1,000,000

Eligible Exposures

Title Abstractor
Title Searcher
Notary Public
Witness Closer
Mobile Closer
Signing Agent

All states except AK and HI