Question:

How to start a title insurance company?

Answer:

There are several sure things you need in order to start a title insurance company.

To start a title insurance company you need money and clients.

You will need at least $150,000 available. If you have more, it will be better. You'll need to set up an office and hire real estate attorneys, secretaries and underwriters. You will also need at least one title officer really familiar with the business.

It will help if you cooperate with a couple of banks or lenders; or, you may choose to work predominantly with one large lender, serving their title search and insurance needs. In any case, it is important to have a name in the business and clients who would follow. If you don't have those, no matter how much funds you have set aside for the venture, it might go down way too quick.

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