How Does Title Insurance Work?

If ownership of your property ever comes into question, an owner’s title insurance policy protects you from expensive legal problems that could result in the loss of your home.

As property changes hands, mistakes and irregularities – often made long before you expressed interest in the property – can place your ownership in dispute. The seller may have…

• Avoided disclosure of using the property as collateral for an unpaid loan.
• Fraudulently claimed to be the sole owner.
• Failed to pay real estate taxes.

Even a simple mistake in the recording of legal documents, improper execution of legal instruments or the reappearance of undisclosed or missing heirs can result in the loss of your home.

Why Should I Purchase Owner’s Title Insurance?

• Purchasing owner’s title insurance is a smart decision because it’s the best way to protect your property from future legal claims.
• Owner’s title insurance protects your right to your home, your investment, and property rights.

How Long Am I Covered?

• For a one-time fee, an owner’s title insurance policy provides coverage for as long as you own your home.

What Does Owner’s Title Insurance Cost?

• The one-time payment for owner’s title insurance is low relative to the value of your home. The typical owner’s title insurance policy costs around 0.5% of the home’s purchase price.