After dealing with a title issue for a home we owned many years ago, years of stress, inconvenience and expensive attorney fees, I can attest to the fact that an Owner’s Title Policy is absolutely essential.
An owner’s title insurance policy protects your property rights as a homeowner. Those purchasing a home should obtain a policy to insure against defects associated with the title of the home.
Owner’s title insurance is worthwhile because…
…it protects your investment.
A home is likely the largest investment you’ll make. Insuring it, says the American Land Title Association (ALTA), is like insuring any other valuable asset. Owner’s title insurance protects the rights of the property owner for as long as he or she (or heirs) owns the home.
…it mitigates your risk.