Many of my clients ask me the same question….”why does it take so long to get me a quote?” This blog attempts to explain the process I go through with obtaining quotes, reviewing them for accuracy, and preparing a proposal for you.

In keeping with my genuine nature, I will tell you that it is also my intent to shamelessly plug my services and explain why they are unique and why they are worth the wait.

First of all, getting a quote is not as easy as just submitting an application and waiting for a number to be spit out from cyberspace. My service to you, an upstanding member of the title industry, is to bring you the scope of the insurance marketplace, including different options for coverage, different company proposals, and a detailed description of why I may recommend a certain company over another. This takes time and negotiation with my insurance company representatives (we have a love/hate relationship). 

Second, insurance companies work in date order. If they have applications for coverage that are effective before your renewal, thy are going to attend to those first. So, for example, today is February 11th. The company will work on coverage renewing the 12th,13th, etc. before they get to anything coming due in March. Which, if you think about it (and I hope you do) is a fair way to address the influx of coverage requests.

Last but NOT least, the benefit of doing business with me is: I gather all of the different proposals I receive for my client and review ALL of them in detail. I examine all the endorsements on the policy to make sure there are no exclusions of coverage that could be pertinent to protecting your business.  I have seen exclusions of coverage for escrowing services, for independent contractors (many title searchers are 1099ers), etc. On the policy, I see definitions of the insured limited to only abstracting instead of full title agency services.  I make sure your retroactive date (for claims made coverage) is matched so there is seamless coverage. If there are claims in your history, I work to find out the details so I can go to the company on your b.ehalf and defend your righteousness in our seemingly frivolous litigious society.

Yes, we all want to save money, especially in these times.  But we also want to make sure we are properly protected. It is my goal to provide my clients, title agents like yourselves, mortgage brokers and bankers, title searchers and abstractors, with the right coverage for the right price. I do that by presenting options, alternate quotes, explanations of coverages, and guiding you through the decision-making process.

As always, best to all

Robin