Title Insurance

Title Insurance

Title Insurance protects the insured against loss should the condition of the property’s title be other than as insured. Although each is different, policies generally offer protection against property loss or damage that result from liens, encumbrances or other defects in the title.

Title Insurance is offered to both property owners (Owner’s Policy) and lenders (Loan Policy). The Owner’s Policy is purchased for a one-time fee at closing and is typically issued in the amount of the sales price. Likewise, the Loan Policy, which is required by most lenders, is purchased for a one-time fee at closing and is based upon the loan amount.”