Back to Title Insurance Library
What is Title Insurance?
A policy of Title Insurance is a contract of indemnity between the insured and the insuring
company relating to the title to the land described in the policy, protecting the insured against loss of
damage by reason of defects, liens or encumbrances of the insured title existing at
the date of the Policy and not expressly excepted from its coverage .
The Policy is issued after a complete search and examination of the public records and shows
the condition of the record title, including any money obligations outstanding against the property,
easements and other matters which may affect the rights of ownership, possession and use
of the property.
|