In Michigan’s title insurance industry, real estate closings, escrow accounts, and sensitive data are daily responsibilities. Unfortunately, these responsibilities come with serious risks—employee fraud, cybercrime, wire transfer scams, and vendor deception.
Commercial Crime Insurance, also called Fidelity Insurance or a Fidelity Bond, helps title agencies in Michigan protect against financial loss caused by theft, fraud, or dishonest acts. At ENO Professional Insurance Solutions, we tailor coverage specifically for the real estate settlement services industry across Michigan.
What Is Commercial Crime / Fidelity Insurance for Michigan Title Agencies?
This policy helps Michigan title professionals guard against losses due to:
- Employee theft, forgery, or embezzlement
- Fraudulent checks or altered escrow documents
- Hacking, ransomware, and other cybercrimes
- Unauthorized or diverted wire transfers
- Fraud committed by third-party vendors or clients
Who Needs This Coverage in Michigan?
If you’re operating in Michigan’s title or escrow services sector, this coverage is critical. You may be at risk if you:
- Handle client escrow or closing funds
- Conduct wire transfers or manage trust accounts
- Work with real estate professionals, attorneys, or brokers
This policy is ideal for:
- Michigan title agencies and escrow companies
- Real estate attorneys handling closings
- Mortgage brokers and settlement agents
- Independent title professionals and local firms
Key Coverage Features for Michigan Title Professionals
| 🔍 Coverage Area | ✅ What’s Covered |
|---|---|
| Employee Dishonesty | Theft or embezzlement by your staff |
| Forgery & Alteration | Fake or altered checks, title documents, or forms |
| Computer Fraud | Cyber theft caused by malware or hacking |
| Funds Transfer Fraud | Fraudulent or manipulated wire transfers |
| Social Engineering | Scams tricking staff into moving money |
| Third-Party Fraud | Dishonest acts by vendors or external actors |
Why ENO Is the Right Partner for Michigan Title Agencies
At ENO Professional Insurance Solutions, we work closely with Michigan title professionals to build crime insurance solutions that match real business risks:
- Policies crafted specifically for the title and escrow industry
- Fast, online quotes and quick policy issuance
- Competitive pricing and flexible policy structures
- Support from professionals who understand Michigan’s title industry
- Access to leading insurance carriers experienced in financial crime risks
Frequently Asked Questions (FAQ)
What does Commercial Crime Insurance cover?
It covers losses caused by fraud, employee dishonesty, forgery, cyberattacks, and financial crime that affect your title business.
How is it different from E&O or General Liability?
Crime Insurance focuses on internal theft and financial fraud—risks not covered by General Liability or E&O policies.
Is this necessary for smaller Michigan firms?
Yes. Small title firms can be even more vulnerable to internal fraud and social engineering scams.
Can it be bundled with other insurance?
Yes. Most agencies benefit from bundling this with Cyber Insurance and Errors & Omissions Insurance for complete coverage.
How fast can I get a policy?
We can usually provide a quote within 24 hours. Most policies can be bound the same day.
Where We Are Available in Michigan
We proudly offer Commercial Crime / Fidelity Insurance across the state of Michigan, including:
- Detroit
- Grand Rapids
- Warren
- Sterling Heights
- Ann Arbor
- Lansing
- Flint
- Dearborn
- Livonia
- Westland
- Troy
- Farmington Hills
- Kalamazoo
- Wyoming
- Southfield
- Rochester Hills
- Taylor
- Pontiac
- St. Clair Shores
- Royal Oak
🇺🇸 Click here to explore the states where we provide insurance solutions for title agencies.
About ENO Professional Insurance Solutions
