7 Reason Why Every Homebuyer Needs Owner's Title Insurance

7 Reasons Why Every Home Buyer Needs Owners Title Insurance

Buying a home is an exciting and emotional time for many people. To help you buy your home with more confidence, make sure you get owner’s title insurance. Here's why it's so important for you:

Screen Shot 2019-02-13 at 2.46.30 PM.png

Protects Your Largest Investment

A home is probably the single largest investment you will make in your life. You insure everything else that’s valuable to you—your life, car, health, pets, etc., so why not your largest investment? For a one-time fee, owner’s title insurance protects your property rights for as long as you own your home.

Screen Shot 2019-02-13 at 2.46.36 PM.png

Reduces Your Risk

If you’re buying a home, there are many hidden issues that may pop up only after you purchase your home. Getting an owner’s title insurance policy is the best way to protect yourself from unforeseen title discrepancies. Don’t think it will happen to you? Think again. Title claims can include:

• outstanding mortgages and judgments, or a lien against the property because the seller has not paid his taxes

• pending legal action against the property that could affect you

• an unknown heir of a previous owner who is claiming ownership of the property

Screen Shot 2019-02-13 at 2.46.40 PM.png

You Can't Beat The Value

Owner’s title insurance is a onetime fee that’s very low relative to the value it provides. It typically costs around 0.5% of the home’s purchase price.

Screen Shot 2019-02-13 at 2.46.44 PM.png

Covers Your Heirs

As long as you or your heirs own your home, owner’s title insurance protects your property rights

Screen Shot 2019-02-13 at 2.46.48 PM.png

Nothing Compares

Homeowners insurance and warranties protect only the structure and belongings of your home. Getting owner’s title insurance ensures your property rights are protected.

Screen Shot 2019-02-13 at 2.46.53 PM.png

8 In 10 Homebuyers Agree

Each year, more than 80% of America’s homebuyers choose to get owner’s title insurance.

Screen Shot 2019-02-13 at 2.46.58 PM.png

Peace Of Mind

If you’re buying a home, owner’s title insurance lets you rest assured, knowing that you’re protected from inheriting possible debts or legal problems, once you’ve closed on your new home.