Ticor Title Insurance

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(516) 393-0042Call Visit WebsiteVisit Website Map & DirectionsDirections400 Post Ave Ste 310Westbury, NY 11590 Write a ReviewWrite Review

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Ticor Title Insurance

Auto Insurance
Generally, a person thinks of insurance in terms of the payment of future loss due to the occurrence of some future event. For instance, a party obtains automobile insurance in order to pay for future loss occasioned by a future "fender bender" or for the future theft of the car. Title insurance is a unique form of insurance. It provides coverage for future claims or future losses due to title defects which are created by some past event (i.e., event prior to the acquisition of the property.) These risks are far less obvious than those protected against by automobile insurance, but can be just as devastating. The following information will answer some commonly asked questions about title insurance.

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Neighborhood: Westbury
AKA: Ticor Title Insurance Co.
Other Link: http://ticortitle.com
Categories: Homeowners Insurance, Auto Insurance, Insurance

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Phone: (516) 393-0042

Address: 400 Post Ave Ste 310, Westbury, NY 11590

Website: http://ticortitle.com

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Ticor Title Insurance

Auto Insurance
Generally, a person thinks of insurance in terms of the payment of future loss due to the occurrence of some future event. For instance, a party obtains automobile insurance in order to pay for future loss occasioned by a future "fender bender" or for the future theft of the car. Title insurance is a unique form of insurance. It provides coverage for future claims or future losses due to title defects which are created by some past event (i.e., event prior to the acquisition of the property.) These risks are far less obvious than those protected against by automobile insurance, but can be just as devastating. The following information will answer some commonly asked questions about title insurance.

Home Insurance
Americans have the future in mind when they buy a house, and they purchase homeowners insurance to help protect that future. But with homeownership comes the need to protect the property against the past, as well as the future.
Title Insurance
When the word "escrow" is mentioned, most people think in terms of a real estate transaction. In fact, there are several other types of transactions for which Ticor Title is able to provide escrow services. Transactions involving a bulk sale, mobile home, or timeshare are some of these. Because Ticor Title is, as its name indicates, a title insurance company, you may have presumed that we are involved exclusively with transactions that require the issuance of a title insurance policy. Quite the contrary. We pride ourselves in the fact that we are a full service company with the ability to provide services in many related areas. A bulk sale generally involves the sale of a business and, if properly handled, serves to protect the creditors of the seller of the business and the purchaser of the business. The statutes governing bulk sales require a notice to be recorded and published which gives the creditors of the seller an opportunity to file claims with the escrow holder for amounts due them for providing goods and/or services to the business. This process also protects the purchaser from the creditors of the seller. Only very competent, experienced escrow officers handle these transactions.

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