ABSTRACTORS

Abstractors work hard to dot their “I’s” and cross their “T’s” when preparing a title opinion. Protect yourself from allegations claiming legal liability for mistakes made during the search.

Broker Resources

Info Sheet

Application

Trust Norman-Spencer to have your back.
Call us at (800) 543-3248 to learn more about application requirements and submission requirements.

ABSTRACTOR Coverage

OVERVIEW

Norman-Spencer serves the real estate industry by providing leading E&O coverage. Our Abstractor/Searcher program is backed by an AM Best A++ rated carrier. Coverage is provided on a non-admitted basis.

Highlights
  • Claims Made and Reported Policy Form
  • Pre-Claim Assistance
  • Disciplinary Proceedings – $25,000 Supplemental Limit
  • Loss of Earnings and Expense Reimbursement – $500/Day/Insured Subject to $10,000 Aggregate Supplemental Limit 
  • Deductible Reduction for Early Claim Settlement or Settlement via Mediation
  • Multiple ERP Options, Including Unlimited
Appetite

• Witness Closers    
• No Vendor Managers
• Claim Free
 Revenues of $350K or Less
• No Oil/Gas
• Commercial 25% or Less

Limits

Two Limit Options Only:
Defense Within Limits

$500,000/$500,000 or

$1,000,000/$1,000,000

Eligible Exposures
  • Title Abstractor
  • Title Searcher
  • Notary Public
  • Witness Closer 
  • Mobile Closer
  • Signing Agent

All states except AK and HI

OVERVIEW

Norman-Spencer serves the real estate industry by providing leading E&O coverage. Our Abstractor/Searcher program is backed by an AM Best A++ rated carrier. Coverage is provided on a non-admitted basis.

Highlights
  • Claims Made and Reported Policy Form
  • Pre-Claim Assistance
  • Disciplinary Proceedings – $25,000 Supplemental Limit
  • Loss of Earnings and Expense Reimbursement – $500/Day/Insured Subject to $10,000 Aggregate Supplemental Limit 
  • Deductible Reduction for Early Claim Settlement or Settlement via Mediation
  • Multiple ERP Options, Including Unlimited
Appetite

• Witness Closers    
• No Vendor Managers
• Claim Free
 Revenues of $250K or Less
• No Oil/Gas
• Commercial 25% or Less

Limits

Two Limit Options Only:
Defense Within Limits

$500,000/$500,000 or

$1,000,000/$1,000,000

Eligible Exposures
  • Title Abstractor
  • Title Searcher
  • Notary Public
  • Witness Closer 
  • Mobile Closer
  • Signing Agent

All states except AK and HI

Broker Resources

Info Sheet

Application

Trust Norman-Spencer to have your back.
Call us at (800) 543-3248 to learn more about application requirements and submission requirements.