Title Insurance For Your Home: An Introduction

By Kyle Fitzsimmons, InsuranceAgents.com Staff Writer

What Title Insurance Is and Who Needs It

Defined in simple terms, title insurance serves as protection for homeowners, separate from their home insurance, to protect them from financial loss resulting in problems regarding ownership of property. To start comparing quotes, use our online forms to compare rates. There are two general types of title insurance:

• Owner’s policy – separately purchased by home buyers
• Lender’s policy – required by all public mortgage lenders, but these policies do not protect the property owner.

Basically, the house that you insure is one thing, but chances are, the property your house inhabits has changed hands a number of times over the years. Title insurance prevents any kind of past mistakes coming back to negatively affect you, the current inhabitant of the property.

Some common problems that can arise which are handled easily with a title insurance policy include:

• “Heirs” coming out of the woodwork to claim stake to your new property
• Forged deeds
• False legal descriptions
• Mishandling of previous deeds
• Previous liens placed on the property

All of these problems have negative implications for your property but with title insurance you won’t have to worry about it affecting you, the new land owner.

Find Title Insurance For Your Property

Not sure how much title insurance will cost?  You can get free insurance quotes here, by simply filling out the form, indicate “home insurance” as your interest.

Title insurance is necessary if you need a mortgage and want the peace of mind that goes with your property’s past transgressions from coming back to haunt you. You can purchase title insurance online by have insurance agents contact you directly regarding their offerings after you fill out our online quote form. Get in touch with a title insurance agent about this type of insurance and learn its many advantages.

Published: Friday 4th September 2009