There are many steps in starting a title company regardless of the locale. The very first step is registering your name, getting authority to do business in the state by the secretary of state or similar agency that oversees the development of business entities. Then you need to get licensed by the agency in your state that regulates insurance companies/agencies so that you can sell title insurance in your state. Once you are licensed to conduct business in the state and also to sell title insurance in the state, you then go about starting your business.
==From the lighter side . . .== If you have no idea how to begin a title company then you may as well just buy a title company kit at Walmart and off you go.
To start a title company in NC, first form a corporation. Then obtain insurance. Get bonded and apply for license. Finally, get designated as an official agent.
"Illinois" is the title of the official state song of Illinois.
Yes you can but the title will say salvage. A salvage title in Illinois means it has been stolen or wrecked and has not yet been inspected or otherwise cleared by the state. You cannot drive or as a private party, own a salvage vehicle. If you do own one, you must contact a Illinois Secretary of State Police Vehicle Inspection Station to start the process to obtain a rebuilt title.
"Illinois" is the title of the official state song of Illinois.
Fidelity National Title Insurance Company
You need the title to be in whatever state you registered the vehicle in.
Illinois-Wabash Company was created in 1779.
Illinois Terminal Company was created in 1922.
Illinois Terminal Company ended in 1937.
If you are starting a title insurance COMPANY, the actual entity that is an insurance carrier (think 1st American, Chicago, etc.), you will need to contact the Arkansas Department of Insurance as to what their guidelines, reserves, etc. are for becoming a carrier in the state of Arkansas. If you are starting a title insurance AGENCY, the local entity that has a agency agreement with a title insurance COMPANY to sell their insurance products. Please note that a title AGENCY is not the same as a title COMPANY or title UNDERWRITING COMPANY. See the Related Links for more information.
What state are you asking about, and I can answer better!