What's so important about Title Insurance?

Your home is usually the largest single investment you will ever make. When you purchase a home, you will purchase several types of insurance coverage to protect your home and personal property. Homeowner's or hazard insurance protects against loss from fire, theft or wind damage. Flood insurance protects against rising water. And a unique coverage known as "Title Insurance" protects against hidden title hazards that may threaten your financial investment in your home.

Some examples of hidden title hazards include:

• A forged signature on the deed, which would mean no transfer of ownership to you.
• An unknown heir of a previous owner who is claiming ownership of the property.
• Instruments executed under an expired or fabricated power of attorney.
• Mistakes in the public records.

Title Insurance offers financial protection against these and other covered hazards. The title insurer will pay for defending against an attack on a title as insured, and will either perfect the title or pay valid claims, all for a one-time charge paid at closing.

Apex Title, LLC can advise you on acquiring title insurance to protect your home investment as part of our services in handling your property transaction!