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Title Insurance

What is Title Insurance?
Title insurance protects the legal ownership of a purchased property. Before you purchase a property, it may have gone through several ownership changes. Title insurance coverage is designed to insure that the chain of ownership to the property is valid and free of defects.

Types of Coverage
Generally there are two types of Owner’s Title Insurance Policies available: Standard and Enhanced. Unlike other forms of insurance, traditional title insurance protects against events that have happened in the past. With an Enhanced Homeowner Policy you are also covered for certain future events and the amount of coverage will increase over the first five years of ownership!

Standard Owner’s Policy Vs. Enhanced Owner’s Policy
An “Enhanced Homeowner’s Policy, if selected, will increase the premiums by 10%.


Coverage Item

Standard
Policy

Enhanced
Homeowner Policy

False impersonation of the true owner of the property

Yes Yes

Forged deeds, releases or wills

Yes Yes

Instruments executed under invalid or expired power of attorney

Yes Yes

Mistakes in recording legal documents

Yes Yes

Misinterpretation of wills

Yes Yes

Deeds by minors

Yes Yes

Deeds by persons supposedly single, but in fact married

Yes Yes

Liens for unpaid estate, inheritance, income or gift taxes

Yes Yes

Fraud

Yes Yes

Post Policy Forgery Protection

No Yes

Enhanced Access Coverage

No Yes

Building Permit Violations

No Yes

Subdivision Map Act Coverage

No Yes

Restrictive Covenant Violations

No Yes

Mineral Extraction Coverage

No Yes

Map Inconsistencies Coverage

No Yes

Coverage Extended to Living Trusts

No Yes

Enhanced Encroachment Coverage

No Yes

Automatic Inflation Protection (up to 150%)

No Yes