Q. What is title insurance?

           A: In general title insurance protects against loss from problems associated with the state of title to a particular
           property.  For example, when one purchases a home there could have been prior issues related to the property
           that interfere with the prospective buyer’s ownership, such as a forged deed or unpaid real estate taxes. 
           Title insurance works to protect the buyer against these issues. 
 

Q: Who needs title insurance?

A: Buyers of real estate as well as mortgage lenders request title insurance to protect their respective interests in a particular property against title defects.
 

Q: How much does title insurance cost?

A: Title insurance premiums vary from state to state.  Also, some states regulate title insurance rates and some do not.  It is best to contact a title insurance professional in the state in which you are looking for title insurance for a reliable quote.  Remember also that in some states you may be entitled to a discounted title premium depending upon previous title insurance coverage on the property.