Title Insurance Industry

The title insurance industry provides protection to homebuyers and lenders against potential issues with a property’s ownership history, such as undisclosed liens, forged documents, or claims from previous owners. When purchasing property, a title search is conducted to verify clear ownership, but some issues may still surface later. Title insurance offers financial security, covering legal costs and losses if such problems arise after the sale. It’s a one-time premium paid at closing, ensuring peace of mind by safeguarding your investment from hidden title defects.