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How do you start a title insurance agency in New Jersey?


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Answered 2010-10-20 14:22:21
  • You must have a NJ resident title producer's license or have a NJ resident producer on staff or a NJ Licensed Attorney that holds a NJ title insurance producer's license.
  • You must obtain an entity producer license for the business
  • Put in application for agency agreements with Underwriters and be accepted by an Underwriter
  • Obtain E&O Insurance
  • Have knowledge of the business or have knowledgable KEY staff (your underwriter will require it)
  • Buy business equipment & a good title software system like Snapclose Pro
  • Set up your office, interview staff, hire staff.
  • Sign your agency agreements once the state sends back the entity producer's license
  • Open your doors
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Do all title companies sell title insurance?

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How does title insurance affect the seller who had no title insurance?

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