Fox Point Programs offers a focused Errors & Omissions program designed specifically for Abstractors, Examiners and Searchers. Rather than treating these professionals as full title agents with broader liability exposures, Fox Point underwrites this class with targeted coverages and competitive pricing through its in-house underwriting team and placement with an A (Excellent) rated carrier. The program is administered by Fox Point Programs as a Managing General Agency and is intended for agents seeking a specialist market for abstracting and title search operations.
Overview of the Program
This Abstractor E&O program is designed to address the professional liability exposures unique to abstractors, examiners and searchers — including mistakes in title searches, boundary errors, and documentation oversights that can lead to financial loss. Coverage features are crafted to reflect the narrower duties and lower general-liability risk profile of these professionals compared with full title agents, which typically results in more competitive premiums and fewer unnecessary exclusions.
Ideal Accounts and Appetite
- Independent abstractors and search firms performing title searches, chain-of-title work, and related documentation services.
- Small to mid-sized exam offices with no escrow or underwriting of title policies.
- Providers offering ancillary services such as notary acts, substitute trustee services, or foreclosure crier work (see coverage options below).
- Accounts with professional controls and QA procedures: written search protocols, peer review, and documented file retention practices.
Coverage Highlights and Advantages
- Multiple Limits and Deductible options to fit varying exposures and budgets*
- Prior Acts coverage available with proof of prior coverage, reducing gaps for long-running practices
- Defense Outside the Limits available*
- Optional extensions for Foreclosure Crier services, Substitute Trustee services, and Notary services*
- Underwritten internally by Fox Point for faster decisions and consistent application of appetite
- Placement through an A (Excellent) rated carrier for financial stability
Underwriting Notes and Minimum Premiums
Fox Point evaluates accounts based on the scope of services, annual revenues, claims history, and controls in place (file review procedures, staffing, and quality assurance). Certain higher-exposure operations — such as firms that issue or underwrite title insurance, operate escrow, or accept large fiduciary duties — are typically outside this program’s appetite. Minimum premiums and specific terms vary by account and state; discuss the client’s operations with Fox Point underwriting for an accurate indication.
Territories and Availability
This program is available in most states. Fox Point currently markets this coverage in: AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY, DC. Availability and admitted vs. non-admitted options may differ by state.
How This Program Helps Your Clients
- Provides professional liability protection tailored to abstracting and search exposures, avoiding higher cost coverages designed for full title agents.
- Allows you to offer competitive terms and prior acts continuity to long-standing firms.
- Optional extensions let you package related low-exposure services under one policy for easier client servicing.
Example Accounts
- You have a regional abstracting firm with five reviewers who perform residential and commercial title searches only — no escrow or title insurance issuance. This program can provide tailored E&O limits and prior acts coverage.
- A small legal-support company performs foreclosure crier notifications and limited trustee duties in addition to searches; the program can include those services as endorsed coverages where eligible.*
Applications and Next Steps
Complete the Title Abstractors application to submit risks for review. Underwriters can provide indications quickly when you include details on revenue, services performed, staff qualifications, and claims history.
*Certain restrictions may apply. Coverage, availability and terms vary by state and by carrier. Fox Point Programs acts as a Managing General Agency; placement and underwriting decisions are subject to carrier guidelines.
Frequently Asked Questions
What types of abstracting/search operations are a good fit for this Fox Point program?
Firms that perform title searches, chain-of-title work, and related documentation tasks without issuing title insurance or operating escrow are the primary fit. Small to mid-sized exam offices with formal QA controls are ideal.
Can prior acts coverage be included for long-running practices?
Yes. Prior acts coverage is available when the applicant provides evidence of prior coverage, helping prevent gaps for firms with an established operating history.
Are services like notary, substitute trustee or foreclosure crier automatically covered?
Those services can often be added as endorsements where eligible, but availability depends on the exact nature of the services and state licensing—underwriting review is required.
What information does Fox Point need to underwrite an abstractor account?
Provide a completed application, description of services, annual revenues, staff roles/qualifications, sample search protocols or QA procedures, and claims history. The more detail on controls and workflows, the faster Fox Point can provide an indication.
In which states is this program available?
Fox Point markets this program in most states. See the program details above for the current list of states; admitted vs. non-admitted options vary by jurisdiction.
Need help placing an account? Connect with a market specialist.