Colorado Title Insurance Companies
Title Insurance Underwriters appear to be the same as they all...
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Have a current Financial Stability Ratings® (FSR) issued by Demotech, Inc., of either A, A' or A"
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Issue American Land Title Association (ALTA) promulgated title insurance policy forms with the same basic coverages and exclusions
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Need to comply with the same statutory standards regulated by the Colorado Division of Insurance
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Must file title rates (premiums, endorsements and ancillary charges) with the Colorado Division of Insurance
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Provide the actual title insurance coverage when a claim is made>
However, there can be substantial differences in costs and available closing protections (issuance of a seller’s, buyer’s, borrower’s and lender’s Closing Protection Letter) that should be compared when shopping
and selecting a title insurance company/underwriter for your real estate transaction.
Title insurance companies are also referred to as title insurance underwriters; and issue their title insurance policies either directly or through an authorized licensed title agent.
