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Accurate & Fast Title Reports for Large Loss Claims

For any insurance company, large loss claims are greatly important, and it is vital that they, along with the claims adjusters, have access to rapid, accurate title research. Confirmation of ownership, mortgages, and other encumbrances allows them to double-check insurable interests and handle the claims effectively. AFX Research provides full title search reports, custom-designed for the needs of the insurance industry, specifically geared towards large loss claims.

We have earned a reputation for delivering billions of dollars in title research for insurance claims each and every year across the United States. Our title reports validate ownership, recognize mortgagees, and uncover any liens or encumbrances which could affect the outcome of claim resolution. AFX is committed to accuracy and speed with customer support so that insurance professionals are provided with what they need to manage claims with efficiency and confidence.

Serving both residential and commercial properties across the country, contact us at claims@afxllc.com for more information.

AFX Research LLC Title Search, Title Search Report, Title Abstract Process, Property Title Search, Confidential Title Reports Nationwide San Luis Obispo image of people talking over a mobile phone
AFX Research LLC Title Search, Title Search Report, Title Abstract Process, Property Title Search, Confidential Title Reports Nationwide San Luis Obispo image of a front door to an apartment

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Importance of

Title Research for Claims

The process of handling a large loss claim may be multifaceted in nature at an insurance company. Among the key steps, the verification that the insured has an insurable interest in the property is paramount. This is to avoid paying out to some party that may not have a legal right to such a claim. This is where the title research comes into its own.

  • Establishing Ownership: This is perhaps one of the most critical areas of title research and involves establishing who has legal title to the subject property. In the event of a substantial loss, the insurance company must be assured that the party making a claim does, in fact, have legal title or some interest in the property.
  • Identifying Mortgagees: These are usually banks or other financial institutions that may have a legal interest in the property, especially if the property has outstanding mortgage credit. Title research identifies any mortgagees for inclusion in claim settlements, if necessary.
  • Liens and Encumbrances: Large loss claims may also involve liens and encumbrances, including tax liens or judgments. If there are any encumbrances and they are not taken into account, it may result in financial disputes or other legal problems.

Why AFX is the Trusted Partner for Insurance Title Research

At AFX Research, we value the need for urgency and precision in the processing of a large loss insurance claim. As such, we deliver dependable title research with an average completion time of less than three business days to help speed up the process of insurance adjusters by enabling them to resolve claims quicker. Our reports assure insurance companies with accuracy in information so as to make the right decisions.

Our single-family residential and commercial properties, both multi-unit and industrial, have national coverage. We provide certified title reports that verify ownership and insurable interest, ensuring that underwriters avoid costly mistakes by making payout to the correct parties.

Our research goes beyond mere fundamentals to the examination of mortgage verification, liens, encumbrances, and possible legal problems affecting the claim. This will follow with comprehensive ways through which insurance professionals can realize clear and full insight into properties for easier resolution of claims.

Supporting Insurance Adjusters with Customized Solutions

At AFX, we understand that insurance adjusters operate in a high-pressured environment where claims must be settled as quickly as possible, while ensuring accuracy and adherence to regulations. For this reason, we have tailored our title research services to meet the specific needs of the insurance industry.

  • Dedicated Customer Support
    With our insurance clients, each is assigned an individual CRM. It is for any question or to expedite urgent requests and review the completed reports with the adjusters. Having one point of contact guarantees that everything goes smoothly in relation to the claims process, and if there are any issues, these are resolved as soon as possible.

  • Large Loss Claims Customized Reporting
    We know that no two large loss claims are alike, with some claims requiring more or less information than others. AFX offers customized reporting options in which adjusters are able to specify what information will be most pertinent to the claim. Whether it is a more thorough examination of a property's chain of title or an even more comprehensive lien search, AFX is in a position to mold its research to the specific needs of each claim.

  • Secure Delivery and Data Management
    AFX provides secure delivery of title reports by attaching PDFs directly to email. If you are a larger client, we can also upload completed reports directly to your servers via FTP for easy integration into your claims management systems. Additionally, all completed reports are stored on our secure servers for 12 months and can be easily accessed for future reports.

The Role of Title Research in Claims Resolution

Researching the title is not simply a formality, but an integral part of the process of claims settlement. Bad title information means an insurer could be making costly mistakes: paying the wrong party or failing to take account of the interests of mortgagees or lienholders.

  • Minimising Risk
    Title research allows insurance companies to reduce risks by ensuring the claim payments go to the correct parties. Likewise, ownership verification and the identification of mortgagees and lienholders allow the insurers to prevent disputes; hence, regulatory requirements are maintained.

  • Speedier Claims Settlement
    With AFX's fast, accurate title research, insurance adjusters can settle claims sooner. By supplying our insurance customers with title reports within less than three days, we help them move quickly through the claims process. The result: sooner settlements for their clients.

  • Reduce legal disputes
    In such a case, lack of prudent title research leads to legal disputes that are time-consuming and involve higher costs on the side of the insurer. By highlighting any legal issues that might be attached to the property, such as liens, easements, or zoning violations, AFX saves insurance companies from very expensive errors.

The Advantages of Partnership with AFX in Title Research

Scalability for Large Projects

AFX is fully competent in handling claims of substantial losses involving multiple properties or large portfolios. We are specialists in handling complex projects and have experience in conducting title research for billions of dollars worth of claims every year.

  • Cost-Efficient Solutions
    We offer very competitive pricing for title research services, and for large-volume projects or bulk orders, we offer special discounted rates. This would allow the insurance company to get as much detail about the title as possible without blowing a budget.
  • Experience and Expertise
    With over two decades serving the insurance industry in title research, AFX has firmly gained insight into what a company like yours needs and requires in order to function at peak efficiency. We've fine-tuned our research processes to provide the most accurate, timely, and comprehensive reports available.
  • Large Loss Claims-AFX Partnership
    Insurers operate in a rapid world today, which demands a partner who can handle large loss claims with quickness, accuracy, and thoroughness in title research. AFX Research establishes its reputation regarding delivery of certified title reports in relation to insurance professional requirements. Offering nation-wide coverage with less-than-three-day turn-around time, commitment to customer support makes AFX a trusted partner for insurers operating large loss claims.

Whether it's a residential or commercial claim, AFX can help you provide the more in-depth title information that's needed for confident decision-making. Let us take some of that large loss claim burden off your shoulders with speed and accuracy so that you can get back to what's important-serving your clients and closing claims.

If you have questions about any of our services or would like to place an order, please contact AFX today at claims@afxllc.com. We're here to guide and support you through every step of the claims process.

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