hen you purchase a home or other real estate, you get a Title to the property that says you are the rightful owner. Sometimes, however, there may be outstanding costs or claims to ownership of your property that remained unpaid or unresolved when you purchased it. That means you, as the owner of the property, could be held responsible for resolving these problems. Preventing this from happening is what title insurance is for.

• Protection for your title is available through a unique coverage known as title insurance. Unlike other kinds of insurance that focus on possible future events and charge an annual premium, title insurance is purchased for a one-time payment and ensures that you aren’t held responsible for costs and claims that are still outstanding for your property.
• Title insurance is a valuable tool in protecting you and your property. Problems with title can limit your use and enjoyment of real estate, as well as bring financial loss. Purchasing title insurance is the best way to protect yourself from having to pay hidden costs-or even losing your property and still being held responsible for costs.
• Hidden hazards to your title could include fraud and forgery, defective deeds, confusion due to similar or identical names and even clerical errors in the records. These defects might not be found until after you've purchased your home-but you may still be held responsible for them.
• Title insurance protects you and your interest in the property and covers all legal fees associated with defending your title.