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How does one start a title insurance company in Indiana?

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2008-08-20 20:07:48
2008-08-20 20:07:48

You create a business entity, filing with the Secretary of State's Office, which cost may vary depending on the type of entity you wish. If you strictly wish to sell title insurance, then you fill out a license application with the Department of Insurance, attend their mandatory training (contact the Indiana Department of Insurance for more info) and pay the required fees. Additional Requirements for title insurance companies may be found under Indiana Code 27-7-3 (Type into Google to find it.), including new laws that were passed in 2008. Most of that section applies to companies wanting to write insurance, but I would read it just the same.

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What state are you asking about, and I can answer better!

I recently opened a title company in Oklahoma. What kind of information are you looking for?

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To start a title company in NC, first form a corporation. Then obtain insurance. Get bonded and apply for license. Finally, get designated as an official agent.

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Um, why does the insurance company have the title???? The only reason that the insurance company would have the title is because the car was totalled from damage. Something is very wrong here.

You need a license to produce title insurance, of course. Next, you need to find a company that is willing to either provide you with title searches, or buy into the records of another company, which can be very expensive. You have to get with the Insurance Commissioner to file rates and of course, you will have to be approved to issue policies with an underwriter. These are the main issues.

How I can get a title insurance producer licnese in FL? How I can open a title company in FL?

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The ability to feel no remorse from stealing from your employees that work hard for you.

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