What Is Title Insurance?

What it is and why you need it.

If you’ve purchased a home, you were likely issued a title policy but do you know what that policy covers?

Title insurance is different than most other types of insurance you are familiar with. A typical insurance policy (auto insurance, home insurance etc.) covers things that could happen in the future, whereas a title insurance policy will cover unknown events or circumstances that may have happened in the past or are just coming to light now. In other words, title insurance protects your rights to the property.

Title insurance covers such things as:

Liens Against the Property
Easements
Building Use or Restrictions
Claims Arising out of Bankruptcy

Westcor Land Title Insurance Company^®, Inc. (“Westcor^®”) is the nation’s largest independent title insurance business. Founded by agents to bring innovative solutions to the title insurance market, Westcor delivers technology-driven products and services to make the real estate closing process faster and more efficient while driving the continued success of independent title agents, their customers, and Westcor^® partners across the title industry. Westcor Land Title Insurance Company^® is rated B+ (Sound Financials) by Kroll and A” (A Double Prime) by Demotech Rating Inc. Based in Maitland, FL, Westcor^® has regional offices throughout the United States. www.wltic.com