Title Insurance is a one-time insurance policy that protects the buyer of real property from damages resulting from defects in the chain of title. This insurance assures that the property is free and clear of liens, encumbrances, and failure of title to real property.

If the property search reveals any defects in the title, they must be cleared prior to the actual transfer of the property from seller to buyer.

After the transaction has been completed, and a title policy issued, you are protected from claims made on your title. If a claim was made, the insurance company will protect you as follows:

  • The insurance company will defend your title, entirely at its cost.
  • The insurance company will bear the cost of settling any valid claims made on the property to the full face value of the policy.