Insurance for title agents and escrow agents is getting harder to place. Capitol Special Risks leverages deep carrier relationships and underwriting expertise to help you secure the right professional liability coverage for clients in this specialized niche.
Overview of the Program from Capitol Special Risks
If you place business for title or escrow professionals, you know the exposures: complex real estate transactions, strict regulatory oversight, and significant settlement risk. Capitol Special Risks offers a targeted Title Agents & Escrow Agents Insurance program that pairs access to multiple markets with focused underwriting to place hard-to-find coverages quickly and competitively.
Ideal Accounts and Appetite
This program is designed for:
- Title insurance agencies and individual title agents
- Independent escrow and closing companies
- Closing and settlement service providers
- Firms that rely on independent contractors or have remote staff
Good-fit accounts typically have a clean claims history, defined escrow controls, and documented procedures for closing files and handling trust funds. We will consider both small residential shops and larger agencies that handle commercial transactions, though appetite varies by carrier. Examples you may encounter:
- A small regional title agency performing residential closings with independent closing agents — needs E&O with automatic coverage for contractors and First Dollar Defense.
- An independent escrow company handling mixed residential and commercial settlements seeking extended reporting period options and punitive/exemplary damages coverage where allowed.
Coverage Highlights and Advantages
Key features of the Title Agents & Escrow Agents Insurance Program:
- Claims-made and reported policy form
- Automatic 60-day Extended Reporting Period
- Optional Extended Reporting Period available up to 6 years
- First Dollar Defense option (deductible applies only to loss)
- Punitive and Exemplary Damages coverage where permitted by law
- Loss of Earnings coverage up to $5,000 per policy period
- Automatic coverage for independent contractors
Underwriting Notes and Minimum Premiums
Underwriting focuses on operations, escrow controls, trust accounting practices, and any prior claim history. Minimum premiums and deductibles for Title Agents E&O typically start at $2,500, but final pricing depends on exposure, territory, and coverages selected. First Dollar Defense is available through many carriers in the program.
Territories and Availability
This program is available in most states, including AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY. Policies are generally written on a non-admitted basis, depending on the state.
Why Work with Capitol Special Risks
Capitol Special Risks is a wholesale broker that specializes in professional liability and niche E&O solutions. We combine strong carrier relationships with underwriters who understand title and escrow workflows. That means faster quotes, pragmatic underwriting, and placement options you may not find on the standard admitted markets. We also do not charge broker fees, so your client sees the full value of competitive placement.
Fast turnaround and we never charge a broker fee!
In CA, Capitol Special Risks, Inc. dba: Capitol Special Risks Insurance Service - CA Fire & Casualty Agency - #0C46094
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is designed for title insurance agencies, escrow firms, and closing service providers, including those that use independent contractors.
Is First Dollar Defense included in the policy?
Yes, First Dollar Defense is available, which means the deductible applies only to loss and defense costs are paid by the insurer subject to the policy terms.
What is the minimum premium for Title Agent E&O coverage?
Minimum premiums and deductibles for eligible accounts typically start at $2,500, though final terms depend on underwriting and the specific carrier selected.
Can coverage be extended for prior acts or claims reporting?
Yes. Policies include a 60-day automatic Extended Reporting Period with optional extensions available up to six years.
In which states is this program available?
The program is available in most U.S. states, including CA, TX, FL, NY, and many others; coverage may be placed on a non-admitted basis in some jurisdictions.
Need help placing an account? Connect with a market specialist.