Title Insurance

Table of Contents Introduction 4 What is Title Insurance? 5 How Does Title Insurance Differ from Homeowner’s Insurance? 5 Save Money by Comparing Rates 6 Discounts 6 Who Does Title Insurance Protect? 7 Choice of Title Insurer 7 What Does Title Insurance Cover? 8 Endorsement Options 9 Who Should Purchase Title Insurance? 9 How Much Title Insurance Will I Need? 9 Who Pays the Premium For the Title Policy? 10 How is the Premium Determined and When is it Paid? 10 What is Escrow? 11 Important Tips 12 Unlawful Rebates and Commissions 13 Terms for Title Insurance 14 Frequently Asked Questions 16 Government Resources 20 Resources 21 Talk to the Department of Insurance 23