Title Insurance

Why title insurance?

Your home may be on of the largest investments you'll ever make. To protect it, you need an owner's title insurance policy.

Title insurance protects you against hidden hazards and human error that can cause problems in any real estate transaction. When you purchase title insurance, experienced title examiners perform a thorough title search by searching appropriate public records, but there may be significant problems with title that cannot be detected.

Your lender will require a lender's title insurance policy to insure their interest. However, this policy doesn't cover you. You need an owner's policy.

How it works
An owner's policy protects your interest in the property against such unforeseen threats to ownership as:

• Mistakes in recording legal documents
• Forged deeds, releases and other legal documents affecting real estate
• Undisclosed or missing heirs, including spouses
• Deeds by persons of unsound mind
• Deeds by minors
• Documents executed by invalid or expired powers of attorney
• Liens for unpaid taxes
• Fraud

Will my title insurance ever expire?
No. For a one-time premium you pay during the closing process, your title insurer assumes responsibility for all legal expenses to defend the title to your property if it's ever challenged. An owner's policy remains in force as long as you or your heirs have an interest in the property.