Title Insurance

Value of Title Insurance

Title insurance protects policyholders from the unknown.

More than likely, your home is your biggest investment, and title insurance will protect your interest in that investment.  Title insurance protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in the title to the property.  Each title insurance policy is subject to specific terms, conditions and exclusions.  While other types of insurance (such as flood, auto or homeowners insurance) provide coverage that focuses on possible future events, title insurance protects against loss from hazards and defects already existing in the title to a property.  Example: One such defect might be an improperly executed document from a previous sale of a lien against a previous owner. 

It is not uncommon for a property to have a problem somewhere in the chain of title.  A title insurance company will assist in taking corrective action to enable the transactions to go through and allow its customers to have peace of mind about their new home purchase.

Title insurance provides valuable protection at a good value.

Another difference between other types of insurance and title insurance is in how the policies are paid.  Title insurance is purchased with a one-time premium and provides coverage for as long as the policyholder or their heirs own the property.  This is unlike the annual or monthly premiums you must pay for other insurance types.

Examine the cost of title insurance over the life of the policy versus other types of insurance and you’ll find that policyholders receive a great value for the money they spend.


Title insurance companies

Elliott Law Firm is authorized to issue title insurance policies through both Stewart Title Guaranty Company and First American Title Insurance Company.  For more information about these title insurance companies, visit: