We write Title Insurance through our affiliated underwriters:
Fidelity National Title Insurance Company (FNTIC), Chicago Title Insurance Company (CTI), Commonwealth Land Title Insurance Company (CLTIC).
Protecting your single largest investment is important. You insure everything else that’s valuable to you – your life, car, health, etc., so why not your largest investment? For a one-time fee, owner’s title insurance protects your property rights for as long as you own your property/home. Owner’s title insurance is a one-time fee that’s very low relative to the value it provides. It typically costs around 0.5% of the home’s purchase price.
If you have a mortgage, then your mortgage company has/will require Mortgage Title Insurance. There is a difference– and here are few:
- Homeowner’s insurance and warranties protect only the structures and belongings of your home. Getting owner’s title insurance ensures your family’s property rights stay protected.
- Unexpected title claims such as outstanding mortgages and judgments or liens against the property not paid by previous owners.
- Pending litigation actions against the property that could affect you
- An unknown heir of a previous owner who is claiming ownership of the property
- Forgery and/or false impersonation of true owners in the chain of title
- A mis-index of a judgment and a creditor demands payment from you
- A seller lied about his marital status and the spouse is knocking at your door for his/her ½ interest
- …and 1000’s of other things that can happen to challenge your ownership of the real property.
Click here to learn more about Owner’s Title Insurance.
