What is Title Insurance?
Real estate is the nation's largest market, making the purchase and sale of real property essential to the health of the U.S. economy. These transactions are never without risk, however. That's why title insurance has been protecting American homeowners for more than 125 years.
The Two Title Insurance Policies
As a buyer of real estate property, you'll want to protect your investment — and the ownership rights that come with it. That's why it's wise to purchase an owner's policy of title insurance in conjunction with the loan policy your mortgage lender will require you to purchase. The loan policy insures the lender against covered title defects up to the amount of the insurance, while an owner's policy protects your interest in the property.
Learn more about both title insurance policies and which helps to protect your interests.Learn More
Your lender demands protection; you should too. Learn more about the two different title insurance policies ›
Every property has a history, and that history can affect your right to own and enjoy your home. A title search can help uncover — and remedy — title defects tied to your property. Then, subject to the terms of the policy, your owner's policy of title insurance can provide protection from title problems that may become known after you close your transaction.
These title issues could include things like:
- Errors in public records
- Unknown liens
- Illegal deeds
- Missing heirs
What problems could be lurking in your property's history?
Learn about them now ›
The Title Search Process
When you purchase title insurance, title professionals will conduct a public records search to identify and remedy, if possible, any issues or "clouds" that could affect your right to own or enjoy your property. A title search is a complex process, one that few homeowners recognize at the time they purchase their home. Find out what goes into a title search — and how it can help protect your rights.Learn More
An in-depth title search can uncover many unknown title clouds. Title defects are found in 25% of real estate transactions.
Behind the scenes, title professionals work to protect your interests. Learn more about the title search process ›
The Title Insurance Policy Premium
While you may have an idea of how traditional insurance models work, title insurance differs in how premiums are paid and how coverage is offered. When you purchase an owner's policy of title insurance, you'll only pay a single premium.
That's because the policy offers protection from past events that could affect your future homeownership rights, rather than against issues that could occur in the future. Learn about title insurance premium costs, how they are calculated and what they cover.Learn More
The Cost of Title Insurance
You may be familiar with traditional insurance models, but title insurance premiums are a bit different. Watch the video ›
Will You Be Protected?
Your home might be new to you, but every property has a past, and issues within that past could affect your ownership rights.
Abraham Lincoln Lost His Home... Twice.
Abraham Lincoln is well known for being our 16th president and a resident of Illinois, but his story starts in Kentucky.
The Flamingo Invasion
Penelope's life was in perfect order, until Edna and her flamingos moved in next door. What happens when you can no longer enjoy the investment you made in your property?
The Risks of Family Business
Mixing business with family wasn't a good idea for Bobby — or for the new owner of his grandmother's property. See what happens when you buy a home the former owner wasn't exactly willing to sell.
Tom the Caveman's Primal Property
Tom led a civil life in the busy city. When he bought a remote piece of land to get away from it all, he later discovered the road connecting his property wasn't really a road.
Rock Star Protection
After Janie spent her life savings to purchase the home of her rock idol, she found out the seller was an imposter. Now she wishes she had an owner's title policy.