Benefits of Title Insurance
Benefits for Homeowners
An Owner’s Title Insurance Policy protects your ownership rights for as long as you or your heirs own the property.
It may provide protection against covered risks such as:
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Forgery or fraud affecting the title
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Undisclosed liens or unpaid mortgages
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Certain unpaid property taxes or assessments
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Lack of legal access to the property
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Easements or restrictions limiting property use
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Defects that could make the title unmarketable
In addition to financial protection, an Owner’s Policy may cover legal defense costs related to covered claims.
Title insurance helps safeguard your investment — today and in the future
Benefits for Lenders
A Lender’s Title Insurance Policy protects the mortgage lender’s financial interest in the property. It ensures that the lender’s lien has priority over other claims, subject to policy coverage.
Most lenders require title insurance to protect their investment during the life of the loan.
A Lender’s Title Insurance Policy protects the mortgage lender’s financial interest in the property. It ensures that the lender’s lien has priority over other claims, subject to policy coverage.
Most lenders require title insurance to protect their investment during the life of the loan.