FAQ's about Title Insurance  - blog post image

FAQ's about Title Insurance


Title Insurance is one of the complex pieces to the Real Estate transaction puzzle. What is it, what does it do, and how can it protect your property rights? Read our blog below to learn more about the Frequently Asked Questions about Title Insurance!


What is Title?

Title is the ownership to your property.

What is Title Insurance?

Title Insurance is a policy that protects your Real Estate investment and ownership rights.

Owner's Policy 

 An owner’s policy protects your property rights for as long as you are the owner of the home. It protects you, or your heirs, from title defects.

Lender's Policy

A lender’s policy is required by the lender to protect their financial interests. The buyer pays for this policy.

Why should I purchase Owners Title Insurance? 

Owner’s title insurance is the best way for you to protect your property from future legal claims (defects). The one-time fee of purchasing it covers you and your heirs for as long as you own the home. The owner’s policy will also cover legal fees for settling claims against your property rights.

What does it cover?

It covers Defects. Defects are things such as another person claiming an ownership interest, improperly recorded documents, fraud, forgery, liens, encroachments, and easements.

What does Owners Title Insurance Cost?

 The typical owner's title insurance policy costs a one time fee of around .05% of the home’s purchase price. It will cover you until you sell your home. For an accurate estimate, visit our app here  for an instant quote. 

We hope this blog was a great resource for you to understand Title Insurance better! At Bankers Title & Bankers Closing Services, we are here to be a guide through your Real Estate transaction. Reach out to your Executive Closer with any questions, or to order title click here. 




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