Thoroughbred Title Services
Insurance · New York, United States · 11-50 Employees
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Overview
Headquarters
800 Westchester Ave Ste S514, Rye Brook,...Phone Number
(914) 644-6100Revenue
$6.1 MillionIndustry
About Thoroughbred Title Services
Thoroughbred Title Services is the only full-service title agency in New York that offers lower title insurance premiums. Title insurance premiums vary from purchase to purchase, as they are based on the purchase price and mortgage amount on a property. Because of this, they can get very expensive and inflate closing costs dramatically. Thoroughbred Title Services is the only reduced-rate title agent in New York State, able to offer title insurance premiums that are 10% lower. The premiums that title insurance companies cite have to be approved by the state, and historically, have been offered at a uniform rate. But Thoroughbred Title Services changed that. How is Thoroughbred Able to Offer Lower Premiums? In 2010, the company's underwriter, with the help of Thoroughbred and Houlihan Lawrence, was able to secure approval from the New York State Department of Insurance (now the New York State Department of Financial Services) to offer premium rates 10% below the company's competitors. WRead more
SIC Code 64,641NAICS Code 52,524Show moreThoroughbred Title Services Org Chart
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Thoroughbred Title Services is the only full-service title agency in New York that offers lower title insurance premiums. Title insurance premiums vary from purchase to purchase, as they are based on the purchase price and mortgage amount on a property. Because of this, they can get very expensive and inflate closing costs dramatically. Thoroughbre... Read More