Fidelity National Title Insurance Company, Florida: A Trusted Partner for Your Real Estate Needs
If you are looking for a reliable and reputable title insurance company in Florida, you might want to consider Fidelity National Title Insurance Company (FNTIC). FNTIC is one of the leading providers of title insurance, underwriting, escrow and closing services in the United States. In this blog post, we will give you an overview of FNTIC’s history, services, financial strength, customer experience, and more. We hope that this will help you make an informed decision when choosing a title insurance company for your real estate transactions.
What is FNTIC and what does it do?
FNTIC is a subsidiary of Fidelity National Financial, Inc., the largest title insurance company in the world. FNTIC was founded in 1847 as Western Title Insurance Company in San Francisco, California. It changed its name to Fidelity National Title Insurance Company in 1981 and expanded its operations nationwide. Today, FNTIC has over 2,500 agents and offices across the country, including Florida.
FNTIC provides title insurance, underwriting, escrow and closing services to residential, commercial and industrial clients, lenders, developers, attorneys, real estate professionals and consumers. Title insurance protects the owner or lender of a property from any defects or liens on the title that may arise after the purchase or refinance of the property.
Underwriting is the process of evaluating the risk and value of a property and issuing a title insurance policy. Escrow and closing services involve handling the funds and documents involved in a real estate transaction and ensuring that all the terms and conditions are met.
What are FNTIC’s partnerships and affiliations?
FNTIC is part of the Fidelity National Financial family of companies, which includes other well-known brands such as Chicago Title, Commonwealth Land Title, Alamo Title, Lawyers Title, Ticor Title, Security Title Agency, Pioneer Title Agency and ServiceLink.
Furthermore, FNTIC also has partnerships and affiliations with various industry associations and organizations, such as the American Land Title Association (ALTA), the Florida Land Title Association (FLTA), the National Association of Realtors (NAR), the Mortgage Bankers Association (MBA), and the American Escrow Association (AEA).
Additionally, FNTIC also supports various charitable causes and initiatives through its corporate social responsibility program. Some of the organizations that FNTIC has donated to or sponsored include Habitat for Humanity, United Way, American Cancer Society, American Red Cross, Make-A-Wish Foundation, Boys & Girls Clubs of America, and Junior Achievement.
What services does FNTIC offer?
FNTIC offers a wide range of services to meet the diverse needs of its customers. Some of the services that FNTIC offers include:
Title insurance: FNTIC offers both owner’s and lender’s title insurance policies for residential and commercial properties. Owner’s title insurance protects the buyer from any claims or defects on the title that may affect their ownership rights or value of the property. Lender’s title insurance protects the lender from any losses due to title defects or liens that may impair their security interest in the property.
Underwriting: FNTIC has a team of experienced underwriters who can handle complex and challenging transactions involving multiple properties, states, or parties. FNTIC can also provide customized solutions and endorsements to address specific risks or needs of its customers.
Escrow and closing services: FNTIC has a network of escrow officers and closing agents who can facilitate smooth and efficient real estate transactions. FNTIC can handle all aspects of escrow and closing services, such as preparing settlement statements, disbursing funds, recording documents, issuing title policies, coordinating with lenders and other parties, and providing customer service.
Specialty finance services: FNTIC also offers specialty finance services such as originating, funding, purchasing, selling, securitizing, servicing equipment leases for a broad range of businesses.
Other title-related services: FNTIC also performs other title-related services such as reconveyances, recordings, attorney services, flood certification, credit reporting, collection and trust activities, trustee sales guarantees, real estate tax service, foreclosure publishing & posting, exchange intermediary services, and real estate information & technology services.
How can you contact FNTIC?
If you want to contact FNTIC for any inquiries or assistance regarding their services, you can use the following information:
|601 Riverside Avenue, Jacksonville, FL 32204
|Customer Service Contact
|Monday to Friday, 8:00 AM to 5:00 PM (Eastern Time)
What are FNTIC’s financial details?
Premium costs: FNTIC’s premium costs vary depending on the type, amount, and location of the property, as well as the type and amount of coverage. FNTIC provides a national rate calculator on its website that can help customers estimate their title insurance costs based on their specific situation.
Payment options: FNTIC accepts various payment options for its services, such as cash, check, money order, wire transfer, credit card, or debit card. Customers can also pay online through FNTIC’s secure payment portal.
Discount and promotional offers: FNTIC offers discounts and promotional offers to its customers from time to time, such as rebates, coupons, referrals, loyalty programs, and more. Customers can check FNTIC’s website or contact their local agent for the latest deals and offers available.
Financial strength ratings: FNTIC has received high ratings from independent rating agencies for its financial strength and stability. FNTIC has an A+ (Superior) rating from A.M. Best, an AA- (Very Strong) rating from Fitch Ratings, an A+ (Strong) rating from Standard & Poor’s, and an A1 (Good) rating from Moody’s Investors Service.
Why choose FNTIC?
FNTIC is a trusted partner for your real estate needs because of its:
Experience and expertise: FNTIC has over 170 years of experience and expertise in the title insurance industry. FNTIC has handled millions of transactions involving all types of properties and situations. FNTIC has a team of knowledgeable and skilled professionals who can provide quality service and guidance to its customers.
Innovation and technology: FNTIC is constantly innovating and adopting new technologies to improve its products and services. FNTIC has developed various tools and platforms that enhance its efficiency and convenience for its customers, such as online ordering, tracking, reporting, payment, education, and more.
Customer satisfaction: FNTIC is committed to providing customer satisfaction and exceeding expectations. FNTIC listens to its customers’ feedback and strives to improve its performance and processes. FNTIC also offers various resources and support to its customers, such as FAQs, glossary, tips, articles, videos, webinars, newsletters, and more.
Integrity and ethics: FNTIC is a company that operates with integrity and ethics. FNTIC follows the highest standards of professionalism and compliance in the industry. FNTIC respects its customers’ privacy and security and protects their personal and financial information.
What are FNTIC’s customer experiences?
FNTIC has received positive reviews and ratings from its customers for its services. Some of the customer testimonials that FNTIC has received are:
“I have used Fidelity National Title for several transactions over the years and they have always been professional, courteous, and efficient. They have made the closing process easy and stress-free for me and my clients. I highly recommend them for any title needs.” – John D., Realtor
“Fidelity National Title was very helpful and responsive throughout the entire process of buying our home. They answered all our questions promptly and explained everything clearly. Moreover, they also provided us with a great rate for our title insurance policy. We are very happy with their service.” – Mary S., Homebuyer
“Fidelity National Title is a great partner for our business. They have provided us with excellent underwriting and escrow services for our commercial projects. Furthermore, They have also been very flexible and accommodating to our specific needs and requests. Additionally, They are a reliable and trustworthy company.” – David L., Developer
How does FNTIC’s claim process work?
FNTIC’s claim process is designed to be fair and efficient for its customers. If a customer discovers a title defect or lien on their property that affects their ownership rights or value, they can file a claim with FNTIC by following these steps:
Notify FNTIC: The customer should notify FNTIC as soon as possible about the claim by calling or emailing their local agent or office or by using the online claim form on FNTIC’s website. The customer should provide their policy number, property address, contact information, and.
Provide evidence: The customer should provide FNTIC with any evidence or documentation that supports their claim, such as the title commitment, the deed, the survey, the mortgage, the tax bill, the notice of claim, or any other relevant records.
Investigate and resolve: FNTIC will assign a claim representative to investigate and resolve the claim. The claim representative will contact the customer and review the evidence and policy terms. Furthermore, the claim representative will also conduct a title search and verify the validity and extent of the claim. Moreover, the claim representative will then determine the best course of action to resolve the claim, such as paying off the lien, curing the defect, defending the customer in court, or compensating the customer for their loss.
Communicate and close: FNTIC will communicate with the customer throughout the claim process and keep them updated on the status and outcome of their claim. FNTIC will also close the claim file once the claim is resolved and provide the customer with a confirmation letter.
How to file a claim with FNTIC?
If you need to file a claim with FNTIC, you can use one of the following methods:
Online: You can file a claim online by using the online claim form on FNTIC’s website. You will need to provide your policy number, property address, contact information, and a brief description of your claim. You can also upload any supporting documents or evidence for your claim.
Phone: You can file a claim by phone by calling FNTIC’s toll-free number at (888) 866-3684. You will need to provide your policy number, property address, contact information, and a brief description of your claim. You can also fax or email any supporting documents or evidence for your claim.
Email: You can file a claim by email by sending an email to email@example.com. You will need to provide your policy number, property address, contact information, and a brief description of your claim. You can also attach any supporting documents or evidence for your claim.
Mail: You can file a claim by mail by sending a letter to FNTIC’s claims department at 601 Riverside Avenue, Jacksonville, FL 32204. You will need to provide your policy number, property address, contact information, and a brief description of your claim. You can also enclose any supporting documents or evidence for your claim.
What are FNTIC’s legal and compliance information?
FNTIC is a licensed and regulated title insurance company that complies with all applicable federal, state, and local laws and regulations. Some of the legal and compliance information that FNTIC provides are:
Disclosures: FNTIC provides various disclosures to its customers regarding its products and services, such as rate disclosures, coverage disclosures, closing disclosures, and settlement disclosures. Customers can access FNTIC’s disclosures on its website or request a copy from their local agent or office.
What are FNTIC’s renewals and cancelations?
FNTIC’s renewals and cancelations are as follows:
Policy renewal process: FNTIC’s title insurance policies are valid for as long as the customer owns the property or has an interest in it. Customers do not need to renew their policies unless they make changes to their property or ownership that affect their title. In that case, customers may need to obtain an updated policy or endorsement from FNTIC.
Cancelation policy and fees: Customers can cancel their title insurance policies within 30 days of issuance without any penalty or fee. Customers can also cancel their policies after 30 days of issuance with a written notice to FNTIC. However, customers may be subject to a cancelation fee based on the amount of work done by FNTIC prior to cancelation.
Grace periods: Customers have a grace period of 10 days after their policy effective date to pay their premium without any interest or penalty. Customers who fail to pay their premium within the grace period may lose their coverage or incur additional charges.
What are FNTIC’s employment and career Opportunities ?
FNTIC is always looking for talented and motivated individuals who want to join its team and contribute to its success. Furthermore, FNTIC offers various employment and career opportunities in different areas, such as underwriting, escrow, closing, sales, marketing, customer service, legal, compliance, finance, accounting, human resources, information technology, and more.
Additionally, FNTIC also offers internship programs for students who want to gain valuable experience and skills in the title insurance industry. FNTIC provides interns with mentorship, training, and feedback to help them grow and learn.
If you are interested in working for FNTIC, you can visit FNTIC’s career page on its website and browse the current job openings and internship opportunities. You can also submit your resume and cover letter online or contact FNTIC’s human resources department for more information.
What are FNTIC’s FAQs?
FNTIC provides answers to some of the frequently asked questions (FAQs) that its customers may have regarding its products and services. Some of the FAQs that FNTIC provides are:
What is title insurance and why do I need it?
Title insurance is a type of insurance that protects the owner or lender of a property from any defects or liens on the title that may affect their ownership rights or value of the property.
Furthermore, Title defects or liens can arise from various sources, such as errors, fraud, forgery, unpaid taxes, judgments, mortgages, easements, encroachments, or other claims. Title insurance can also help prevent or resolve any issues that may arise from these sources and ensure a clear and marketable title for the property.
What is the difference between owner’s and lender’s title insurance?
Owner’s title insurance protects the buyer from any claims or defects on the title that may affect their ownership rights or value of the property.
Owner’s title insurance is optional but highly recommended for buyers. Lender’s title insurance protects the lender from any losses due to title defects or liens that may impair their security interest in the property. Lender’s title insurance is required by most lenders as a condition for granting a loan.
How much does title insurance cost and who pays for it?
The cost of title insurance varies depending on the type, amount, and location of the property, as well as the type and amount of coverage. FNTIC provides a national rate calculator on its website that can help customers estimate their title insurance costs based on their specific situation.
The payment of title insurance is usually negotiated between the buyer and seller as part of the purchase agreement. In some states, the seller pays for the owner’s title insurance and the buyer pays for the lender’s title insurance. However, In other states, the buyer pays for both or vice versa. In some cases, the buyer and seller may split the cost of title insurance.
How long does it take to get a title insurance policy?
The time it takes to get a title insurance policy depends on several factors, such as the complexity and history of the property, the availability and accuracy of public records, the workload and efficiency of FNTIC’s staff and agents, and the cooperation and communication of all parties involved in the transaction. Generally, it takes about 30 to 60 days to get a title insurance policy from FNTIC.
What are some common title problems that can affect a property?
Some common title problems that can affect a property are:
Errors: Errors in public records, such as clerical mistakes, typos, omissions, misindexing, or misfiling, can cause discrepancies or gaps in the chain of title.
Fraud: Fraudulent acts, such as identity theft, forgery, impersonation, falsification of documents, or misrepresentation of facts, can invalidate or challenge the legitimacy of a title transfer or transaction.
Forgery: Forgery is the act of signing someone else’s name or altering a document without their consent or knowledge. Forgery can affect a title by creating a false claim or interest in a property.
Unpaid taxes: Unpaid taxes are taxes that are owed to the government by the owner or previous owner of a property. Unpaid taxes can create a lien on a property that can prevent or delay its sale or transfer.
Judgments: Judgments are court orders that require a person to pay a debt or perform an obligation. Judgments can create a lien on a property that can affect its ownership or value.
Mortgages: Mortgages are loans that are secured by a property as collateral. Mortgages can create a lien on a property that can limit its transferability or encumber its equity.
Easements: Easements are rights granted by one property owner to another to use or access a portion of their property for a specific purpose. Easements can affect a property by restricting its use or enjoyment.
Encroachments: Encroachments are situations where one property owner builds or extends something onto another property without permission or authorization. Encroachments can affect a property by causing boundary disputes or trespassing issues.
Other claims: Other claims are any other potential or existing claims that may arise from unknown heirs, missing wills, divorce decrees, adverse possession,
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