Title policy

A title policy is an insurance product that protects homebuyers and lenders from financial loss due to issues with the property title. The title is a legal document that proves ownership of the property. Problems can arise, such as unpaid taxes, liens, or claims by others that could challenge your ownership. A title policy ensures that if any claims arise that affect your ownership rights, the insurance will cover legal fees and potential losses, giving you peace of mind as you invest in your property.