
Answers to Common Consumer Questions
Why Do You Need Title Insurance?
To protect possibly the most important investment you'll ever make - the investment
in real estate.
A lender goes to great lengths to minimize the risk of lending money for the purchase of real estate. First, credit is checked as an indication of the borrower's ability to repay the loan.
Then, the lender seeks the assurance that the quality of the title to the property to be acquired and which will be pledged as security for the loan is satisfactory. The lender does this by obtaining a loan policy of title insurance.