Products & Services

Title insurance provides a guarantee of ownership of your home. It informs you of the nature of any other interest in the property and protects you against recorded claims of ownership to, or interests in, your property. (For example, you may take ownership subject to existing liens or encumbrances. Or you may not own mineral rights. Or easements may have been granted to utility companies or adjacent property owners.)

There are two primary types of title insurance policies: a Loan Policy, which insures a lender, and an Owner’s Policy, which insures the owner of the real estate. Most lenders require a Loan Policy when they issue you a mortgage. The Loan Policy is usually based on the dollar amount of your mortgage. It protect the lender’s interest in the property should a problem arise with the title.

The Owner’s Policy protects you. It is usually issued for the total purchase price of the real estate. It is purchased for a one-time fee at closing and lasts as long as you or your heirs have an interest in the property. Owner’s title insurance informs you of any other interests in the property and protects you against hidden claims of ownership to or interests in your property. Owner’s title insurance also pays for any legal fees involved in defending a claim to your title.