Did you know that as the purchaser of title insurance, you choose the title company? Just as you choose your lender, your real estate agent and your insurance agent, choosing title ensures that you pick the best and most reliable professionals to handle a very important part of your closing transaction. Selecting the right company-one that has experience and expertise with the closing process-will prevent delays and anxiety.
Here are some reasons to use New Frontier Title
With over 500 agents in the State of Florida alone, Old Republic National Title Insuance Company is one of the leading title insurers in the nation. They are rated by DemoTech, Inc. as: “A” Unsurpassed for claims paying ability and have net admitted assets of over $800 million. We are proud to be associated with Old Republic and share their conservative financial values.
We take our escrow accounting very seriously. In addition to the backing of our underwriter, we protect all funds using the latest in anti-fraud measures including positive pay, daily reconciliation of the accounts, bank issued security tokens and background checks on key employees. We carry $1,000,000 errors and omissions coverage as well as fidelity and surety coverage.
All title evidence is provided by our underwriter and examined by our in-house licensed title agents. We use geographically posted data cross-checked by the courthouse indices/indexes to eliminate errors when examining title. Ask us about this process-we are always interested in explaining the process.
Compliance with Regulations
The title insurance industry is heavily regulated at the Federal and State level. As a member of the American Land Title Association and the Florida Land Title Association, we are working at the forefront of the best practices model which has been recently discussed at the annual conventions. On a national level, we are ready to comply with the pillars that have been proposed and believe that all agents should comply with these standards. On a state level, we comply with state statutes by applying the correct rates for title insurance, never charging junk fees (which are prohibited by the state but still persist), and providing timely reporting to our underwriters as required.