Escrow Company Insurance
Escrow company insurance typically leads with errors and omissions for mistakes in handling instructions and disbursements, paired with fidelity and crime coverage for employee theft and funds-transfer fraud, cyber liability focused on wire fraud, a business owners policy, and workers’ compensation. In California, independent escrow firms are licensed by the DFPI, which often carries fidelity or surety requirements.
Your business exists to hold and move large sums of other people’s money, which makes you a direct target for theft and fraud. We help California escrow companies build coverage that leads with the two exposures that matter most: professional errors and the security of the funds you handle.
What does escrow company insurance cover?
- Errors and omissions (E&O), for mistakes in handling instructions, documents, and disbursements.
- Fidelity and crime coverage, for employee theft and funds-transfer or social-engineering fraud.
- Cyber liability, with a focus on wire-fraud and email-compromise schemes aimed at closings.
- Business owners policy (BOP), pairing general liability with office property coverage.
- Workers’ compensation, required in California once you have any employees.
Who needs it? Independent escrow companies licensed by California’s Department of Financial Protection and Innovation (DFPI).
Independent escrow companies in California are licensed by the Department of Financial Protection and Innovation (DFPI), and licensing typically carries fidelity or surety requirements that your coverage may need to satisfy. We keep funds-handling and cyber exposure at the center of the conversation, because that is where escrow claims concentrate.
How we help: We review how your firm receives, verifies, and releases funds, along with your controls against wire fraud, then align your E&O, crime, and cyber coverage with your licensing obligations.
