There are few things more important than protecting your home, usually the largest single investment many of us will ever make. Title insurance is a policy that protects a buyer against errors, omissions or defects in the title of the property which may threaten the buyer's financial investment. There are two basic kinds of title insurance: lender protection insurance and owner's title insurance.
Most lenders require mortgagee title insurance as security for their investment in real estate, similar to requiring fire or flood insurance coverage. Lender Protection Insurance protects the lender's investment, especially in locales in which the lender knows little about the market.
Owner's Title Insurance has been offered for more than 150 years, because even the best title search and examination cannot protect your equity and home from matters not appearing in the public record. Standard policies cover you for defects and liens in the history of your title through the date and time your Deed is recorded in the public records.