Do you really need title insurance? Is it a necessity or an added to cost when buying or selling a home? You may not think much about it, but carrying title insurance has its benefits, not just to the homeowner, but to everyone involved in the sale and purchase of a home.

To the Purchaser of Real Estate: The purchaser of real estate needs protection against serious financial loss due to a defect in the title to the property purchased. For a single, one-time premium, which is a modest amount in relationship to the value of the property, a buyer can receive the protection of a title insurance policy – a policy that is backed by the reserves and solvency of the Company. A title insurance policy will cover both claims arising out of title problems that could have been discovered in the public records, and those so-called “non-record” defects that could not be discovered in the record, even with the most complete search. » Read more: The Benefits of Title Insurance