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Title Insurance: Why You Need It from caitlynwilliams's blog

Here is an infographic titled ‘What is Title Insurance’, which describes how title insurance works helps protect you from any fraud. Buying a house is one of the biggest investments you’ll ever make. Problems like fraud claims on the property, unpaid taxes, etc can harm your entir

e property investment. In such cases, title insurance Boca Raton helps your protect your investment from any past or future legal issues.

What is Title Insurance?

Title insurance is an insurance policy and of the important steps that home buyers take before buying a house. It is crucial for home buyers because it protects you against any errors in record for who is listed as a registered owner of your home. The chance of claiming for coverage is relatively low, but the value on what you stand to lose if you go without coverage is high.

Why do you need title insurance?

A title insurance policy covers for the following hazards: 


Fraudulent claims on the property 


Incorrect signatures on documents 


Mistakes in record-keeping 


Outstanding court cases or tax debts against the property

If you are thinking to buy a house, then it is crucial for you to discuss title insurance policy with your lawyer or notary to see if title insurance is the right step for you. This policy helps you stay stress-free, as you are aware that if any fraud affects the title of your house that are covered by the title insurance policy, your title insurer will take action to rectify the problem.

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