Closing Protection Coverage
The Closing Protection Coverage indemnifies you against the loss of settlement funds resulting from any of the following acts of the Licensed Agent or anyone acting on
behalf of the Licensed Agent, subject to certain conditions and exclusions specified in the Closing Protection Coverage Form:
(1) Theft, misappropriation, fraud, or any other failure to properly disburse settlement, closing or escrow funds; and
(2) Failure to comply with any applicable written closing instructions, when agreed to by the Licensed Agent.
This is only an estimate. Northwest Title and/or its affiliated companies, provide this information to help you plan for your up-coming closing. This estimate contains fees and calculations from sources believed to be reliable, but are not guaranteed as to accuracy, completeness, timeliness or correct sequencing. Nothing shown here should be construed as a commitment by Northwest Title or its affiliated companies for the actual charges at the time of settlement. The actual cost for items to be paid at closing will appear on a HUD-1 Settlement Statement.