i am a little confused by your statement concerning E&O insurance. I cannot imagine any Abstractor working without it. I am not sure what you definition of expensive is but we pay 1500.00 a year and the security we get from the is worth every penny Fifteen years ago we had a searcher working for us that missed a 60,000.00 judgment, case was being appealed and the searcher made a wrong decision to ignore it. Regardless, we had a claim filed against us for 60,000.00. Our insurance co negotiated the claim down to 17,000.00 and after we paid our deductible of 2,500.00 our insurance co paid the remaining amount. You would not drive you car without insurance or leave your home uninsured.If you never miss a lien Great, but if you do (and being human we all make mistakes), it could be the end of you business and your reputation.

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