
Title Insurance Companies
Title insurance companies protect property buyers and lenders from financial loss due to defects in a property's title. A title is a legal document proving ownership of a property. Before a transaction, these companies conduct thorough research to identify any issues, such as liens, disputes, or claims against the property. If problems arise after the sale, the title insurance policy covers legal fees and losses. Unlike other insurance, it offers protection against past issues rather than future ones. In essence, title insurance provides peace of mind, ensuring that one’s ownership is secure and undisputed.