Property Type Underwriting Reporting

As you are probably aware the National Association of Insurance Commissioners, beginning January 1st, 2012, is requiring that the Property Type be added to all reported title policies.

You can begin to collect the data with the current version of Turbo Title by using the “Type” field under the “Property” tab in the Order Setup screen.

Select the first option “Residential 1-4” for a file to be reported as Residential property.¬†Use either of the other options (“Residential 5+” or “Commercial”) to report the file as Non-residential.

We are currently working on modifying the underwriter reports and expect to have an update available by the end of the month.

The following screen shot show where to enter the required information:

This entry was posted in Help Center and tagged ,