First American Is The UCC Insurance Company
First American Title Insurance Company’s UCC Division is the recognized authority for all types of UCC insurance and related risk management services. We offer an unprecedented array of products and services designed to protect lenders, purchasers, and legal professionals from the risks associated with collateralized financial transactions or the acquisition of personal property assets.
Beyond our industry standard UCC Insurance Policies. our Search Filing Division offers a full range of public records research services, including but not limited to tax lien, bankruptcy, judgment, and pending civil litigation searches. Our standard UCC searches are covered with the industry’s first acceptance of $10,000 of liability for search error at no additional cost.
First American Title was the architect of the first UCC insurance policy (The EAGLE9 Lender’s Policy ) in 2001 and continues this creative effort with innovative policies and endorsements to reflect the ongoing changes in today’s lending and legal community. More than $400bn in assets industry-wide has been covered by UCC insurance policies. With an unparalleled team of UCC insurance experts in offices across the country, as well as associated National Commercial Services (NCS) professionals, First American Title has the largest UCC insurance network in North America.
As of July 1st, 2013, most states will adopt new forms for all UCC filings. Those forms must be used to avoid rejections and loss of filing fees.
Please do not hesitate to contact First American s UCC Division for any assistance, including the revised forms.
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