TitleExpress
Underwriter Tables for Virginia have been updated to reflect the charge
for a Closing Protection Letter (CPL) as a premium charge pursuant
to Virginia Bureau of Insurance Administrative Letter 2017-04 which
advises that all title charges quoted subsequent to April 15, 2018 will be
required to show the Closing Protection Letter fee as a premium charge.
With the new
updated VA tables, the CPL charge in TitleExpress will still show on the
Closing Disclosure on its own line as a separate charge but the description
will now be CPL Premium.
Updated underwriter tables are available for clients with a current support
subscription for an additional $50.00 for each set of tables.
>> ORDER
UNDERWRITER TABLES
To perform
this update yourself, after logging into Smscorp.com\TitleExpress.com you may follow the
steps in the How to change Closing
Protection Letter Fee .
If you have questions or comments, contact SMS Customer Support by calling 800-767-7831
or sending an email message to TESupport@smscorp.com.
Thank you for choosing TitleExpress.