answersLogoWhite

0


Best Answer

First and foremost you need money - anywhere from one hundred thousand dollars to two hundred thousand dollars. But more than money you need to have a cliental follow you to your new company for immediate business. Starting with no clients and even hiring the best of salesman, you are doomed . Next you must have a title officer who knows the ins and outs of the business and title insurance law. I don't mean 90% knowledge, I mean 100% knowledge. Another title officer is helpful, along with at least 3 to 5 secretaries designated to ascertain facts of the business. It is very important to have 1 to 5 underwriters for your business with the premium split discussed, and worked out and settled monthly. There are a few other minor things but without some good real estate attorneys directing you business, forget about it. Unless you have some in with a major bank directing you work. And remember, I have seen large accounts go faster than they came because of a political reason, which may be unbeknownst to you and not your fault.

User Avatar

Wiki User

โˆ™ 2007-11-14 05:32:18
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: How do you start a title insurance company in New York City?
Write your answer...
Submit
Sign up for more answers

Registered users can ask questions, leave comments, and earn points for submitting new answers.

Already have an account? Log in

Related questions

When was Kansas City Life Insurance Company created?

Kansas City Life Insurance Company was created in 1895.


What is the symbol for Kansas City Life Insurance Company in NASDAQ?

The symbol for Kansas City Life Insurance Company in NASDAQ is: KCLI.


Why is Hartford called the insurance city?

The first insurance company in the United States is based in Hartford, Connecticut. Hartford is called the insurance city as it is the "birthplace" of American insurance.


What is the market cap for Kansas City Life Insurance Company KCLI?

As of July 2014, the market cap for Kansas City Life Insurance Company (KCLI) is $492,455,656.80.


Which dentists in Iowa accept title 19 insurance?

dentists in iowa city iowa that accept title 19


When was the Hartford insurance company founded?

The company was founded in 1810, in the Connecticut city bearing the same name, as a fire insurance company. It managed to survive to this day, incorporating a wide variety of insurance coverage.


What company replaced National Central Life Insurance Company in Kansas City Missouri?

BIUSXX


Does anyone have a number for perpetual national lfe insurance company of Rapid City sd?

1-800-843-8810. The company was acquired by Prairie States Life Insurance Company which subsequently changed their name to American Memorial Life Insurance and is still in Rapid City, SD.


What company offer taxi insurance in Galveston Texas?

The name of one company that offers taxi insurance to taxis in the city of Galveston, Texas is Taxi Insurance. Taxi insurance offers insurance to taxi companies throughout the United States.


How can one get UK health care insurance?

It is only possible to get UK health care in insurance in the UK. Knowing what city a person is in will help decide what company to choose when you pick your insurance company.


What does the company TSC Insurance offer?

The company TSC Insurance offers automobile and home insurance. They operate out of the New York area and serve New York City, Long Island and Westchester County.


Where is standard life and accident insurance company of Oklahoma City?

It moved to Texas


Where is direct Line Insurance based in the UK?

The company known as Direct Line Insurance is based in Leeds city located in the United Kingdom. This company deals in the sale of Car, Home, Pet, and Business insurance.


What happened to National Reserve Life Insurance Company?

It was purchased by and absorbed into Kansas City Life Insurance Co. years ago. Contact them in Kansas City, MO.


How do you find an old insurance company named Kennesaw Life and Accident Insurance Company in Atlanta GA?

Security National Life Insurance Company assumed the policies of Kennesaw Life and Accident Insurance Company. Call (800) 226-6766 for assistance. Security National Life Insurance Company 5300 South 360 West Suite 310 Salt Lake City, Utah 84123


What city did apple company start in?

Palo Alto


How much does title insurance cost in Connecticut?

The cost of title insurance in Connecticut is based on a few different factors. One is the sales price of the home, another is the location of the home, and the third is the amount of the loan. After than, the Connecticut conveyance tax and municipal or city transfer tax are figured in to get the final cost of the title insurance.


What company has life insurance sales in the city of Chicago?

"Life insurance is sold at several companies in Chicago, including North Carolina Mutual Life Insurance, Pacific Life Insurance Company, and National Life Insurance. Some nationally know insurance companies in Chicago are represented by branches of State Farm and Allstate Insurance."


How much is title insurance for New York City?

All title insurance is calculated by a per $1000 rate based on sales price or refinance rate. The State of New York has regulated fees and are determined by geographic zone.


What city in Australia is Sunsuper based in?

The Australian company named Sunsuper is located in Brisbane, which is situated in Queensland. This company sells insurance policies for many coverage areas, such as life and automobile insurance.


Where is the headquarters for Allstate Insurance located?

Allstate Insurance is a very popular insurance company among individuals living in the United States. The headquarters of Allstate Insurance are located in Illinois, specifically in the city of Northbrook.


What kind of life insurance does the company Aetna sell?

Aetna is a medical insurance provider that covers medical visits, hospital care, and pharmaceuticals. Aetna is an American company based in the city of Hartford, Connecticut.


How do you find out what liens you have against your home?

Do a title search. you can do this with a title search company or if you have time search public records down at city hall yourself


How much will it cost to insure a 1996 Yamaha xt225 serow?

It depends on your age, driving record, city, state, and insurance company. Call your insurance company and ask them. There isn't a standard rate for insurance on any vehicle. It is all subjective to many factors.


What services do the Globe life and accident insurance company offer?

Globe Life And Accident Insurance are a company that was founded in 1951 it is now based in Oklahoma city and has over 3.8 million policies in force. It provides Life, Accident and Health Insurance coverage.