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.
Trust Norman-Spencer to have your back.
Call us at (800) 543-3248 to learn more about application requirements and submission requirements.
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
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 $250K 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
Trust Norman-Spencer to have your back.
Call us at (800) 543-3248 to learn more about application requirements and submission requirements.