Title Insurance

What Is It + Why Do You Need It?

What is Title Insurance?

Homeowners need title insurance to protect their property rights and financial interests in the event of unexpected issues related to the property's title. While the title search and examination help uncover major issues, title insurance provides further coverage against potential problems like hidden defects, fraudulent activity, and errors or omissions.

Let’s look at the two types of title insurance: An Owner’s Policy and a Lender’s Policy.

Owner’s Title Insurance Policy

This is an optional but highly recommended policy that protects your ownership rights if title issues are discovered later. The most common title issues covered by owner’s title insurance include:

Unknown liens and debts, such as unpaid mortgages, tax liens, or judgments against previous owners
Forgeries, like a fraudulently signed deed or mortgage
Public records errors, such as incorrect property descriptions or inaccurate legal documents
Undisclosed heirs or missing will
Inaccurate surveys, encroachments, or boundary disputes
Undisclosed easements that affect the property’s use

This policy lasts for as long as you and your heirs own the property.

Lender’s Title Insurance Policy

Lenders usually require a lender’s title insurance policy to secure a mortgage, as it protects them against problems with your title. This protects the lender for the life of the loan.

A lender’s policy does NOT protect you—which is why it’s best to invest in an owner’s title insurance policy!

Why Do You Need Title Insurance?

Consider title insurance an investment in your peace of mind. Without it, you could be financially responsible for resolving any legal issues tied to your property’s history. In the worst-case scenario, unresolved issues could challenge the validity of your home’s title and jeopardize your legal ownership.

When you invest in title insurance, you:

Gain coverage for title issues from the past, such as undisclosed liens, errors in public records, or ownership disputes (homeowner’s insurance only covers future risks)
Protect both yourself and your heirs as long as you or they own the home
Pay once for lifetime coverage—there are no monthly premiums or ongoing fees

Title insurance safeguards your investment by addressing hidden risks and ensuring that your ownership is secure.

We've got you covered.

As your law office and title company, we will provide you with a title insurance policy to protect your rights to your property. Enjoy your new home worry-free long after your closing!