Direct Title Insurance Carriers
Key Figures
Figures are published for NAICS 524127 directly.
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Official definition
This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) insurance policies to protect the owners of real estate or real estate creditors against loss sustained by reason of any title defect to real property.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Direct title insurance carriers underwrite policies specifically protecting real estate owners and creditors against losses from title defects on real property. This narrow focus distinguishes them from direct property and casualty insurance carriers, which cover a broader range of property damage and liability risks. Title insurers also differ from other direct insurance carriers, which provide coverage for unrelated risks such as warranty or deposit insurance.