You have to take a pre-licensing class with a state approved school. This class consists of 16 hours. It can be on-line or in-class. Once you complete the course you sign up Pearson Vue to take the state exam. Once you pass the exam you will need a criminal background check and a notary certificate.
Generally speaking, a title insurance producer is the same as a title insurance agent.
You obtain title insurance from a licensed title insurance agent; I would not purchase it from a captive agent (that is, from the lender providing my loan, or from the realtor listing/selling the house).
No, that will come from the title company that handles the closing.
Title insurance costs are regional. You need to contact a title insurance company in your area. You will need to have a professional title examination done to get an owner's policy. The title insurance company can refer you to an agent. There aren't any other options that I know of.
"Advantage" title insurance sounds like a product of a particular Underwriting company. It is not a TYPE of title insurance. Many Underwriters have a "premium" Policy available to consumers that has additional benefits over the standard insurance. Ask your title agent for a side-by-side comparison of the two policies.
Absolutely you can, call your local insurance agent.
I am a Title Insurance Agent in Florida. I earn $46,000 per year. I have 2 years experience and work for a small company.
Look for a licensed title insurance agent with an office in the state you are transacting business in. You can contact your state insurance administration for information or a list of licensed agents in your state or look on line for a licensed title insurance agent in your local area. I would recommend confirming they are licensed and bonded. You can also check other qualifications by looking for a title company affiliated with local chambers of commerce and or professional associations like ALTA.
I depends on the state that you are in. In most states you can find the information on the government website under insurance.
To become a title agent in Massachusetts, you must first complete a title insurance pre-licensing course approved by the Massachusetts Division of Insurance. After completing the course, you need to pass the state licensing exam. Additionally, you must submit a license application along with any required fees and background checks. Once licensed, you can work independently or with a title insurance company.
Any agent should be able to help you.
If you are starting a title insurance COMPANY, the actual entity that is an insurance carrier (think 1st American, Chicago, etc.), you will need to contact the Arkansas Department of Insurance as to what their guidelines, reserves, etc. are for becoming a carrier in the state of Arkansas. If you are starting a title insurance AGENCY, the local entity that has a agency agreement with a title insurance COMPANY to sell their insurance products. Please note that a title AGENCY is not the same as a title COMPANY or title UNDERWRITING COMPANY. See the Related Links for more information.