What is Title Insurance?

Title insurance protects you from financial loss and related legal expenses in the event there is a defect in title to your property. Title examiners review the public land records of the property and seek to eliminate title issue before the settlement occurs. Title insurance covers improper execution of documents, mistakes in recording or indexing of legal documents, forgeries, and fraud, undisclosed or missing heirs, unpaid taxes and assessments, unpaid judgments, unpaid liens and unreleased mortgages.

What is the difference between and owner's title insurance policy and a lender's title insurance policy?

An owner's policy is to protect the buyer or owner from covered title defects that existed prior to the issues date of your policy. If a valid claim is filed, your Owner's Policy, subject to its terms and conditions, will cover financial loss up to the face amount of your policy. A lender's policy provides no coverage to the owner. A lender's policy insures the mortgage lender has a valid, enforceable lien on your property. Most lenders require borrowers to purchase a lender's title insurance policy to protect the lender's investment.

What does title insurance cost?

Title insurance is a one-time payment when purchasing real estate. The title insurance premium is based upon the purchase price and/or mortgage amount. Please contact one of our 4 locations for a title insurance quote.

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