A good title search can turn up many kinds of problems with a property’s title. But sometimes, problems remain hidden, often due to forgery, errors, or omissions. That can leave your property open to challenges from others that you do not have rights to the property.
This is where title insurance comes in. If someone makes a claim against all or part of the title on your property, title insurance helps to protect you. While the terms of each policy may be different, title insurance typically pays for your court costs and related fees, and, if you lose the case, title insurance will reimburse you for your loss.