What Every Agent Should Know About Title Insurance


As an agent, you know that buying a home can be overwhelming for your clients. Homebuyers can feel confused and frustrated by the mounds of paperwork they have to sign and closing costs can be a surprise.

Owner’s title insurance is one of those items often misunderstood by homebuyers at closing, yet its value is immense. As a trusted advisor to your clients, you’re in a position to help homebuyers understand the benefit of owner’s title insurance and the dangers that can happen without it.


Owner’s title insurance is a policy that protects homebuyer’s property rights. For the same reasons the bank requires a lender’s insurance policy, the homebuyer obtains owner’s title insurance to protect against possible claims against the title.


Say, for example, your client just bought a home and there was an HOA lien previously filed against the property that wasn’t paid through closing. Wanting to be paid, the HOA contacts your client for payment. Without a title insurance policy, your client could be responsible for paying this existing debt.

This is just one example of how owner’s title insurance protects homebuyers from various financial risks.

There are extended and expanded policies as well as endorsements available to homebuyers at minimal incremental costs that provide additional coverage. These are often purchased for protection and peace of mind in situations that involve new construction, encroachments or other potential non-record matters.


The good news is that owner’s title insurance protects homebuyers financially, as long as they own their home. For a low, one-time fee, homebuyers can rest assured, knowing they’re protected against possible debts or claims to their property.

Get in touch with your local Alliance Title rep to learn how we can help protect your clients with owner’s title insurance.

For informational purposes only. Source: American Land Title Association

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