A home is probably the single largest investment you will make in your life. You insure everything else that's valuable to you - your life, car, health, pets, 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 home.
If you're buying a home, there are many hidden issues that may pop up only after you purchase your home. Getting an owner's title insurance policy is the best way to protect yourself from unforeseen title discrepancies. Don't think it will happen to you? Think again. Title claims can include:
Homeowner's insurance and warranties protect only the structure and belongings of your home. Getting owner's title insurance ensures your property rights are protected. 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.
Each year, more than 80% of America's homebuyers choose to get owner's title insurance.
As long as you or your heirs own your home, owner's title insurance protects your property rights.
If you're buying a home, owner's title insurance lets you rest assured, knowing that you're protected from inheriting possible debts or legal problems once you've closed on your new home.