A Few Things to Know About Title Insurance in Florida

Title insurance is an important aspect of the real estate buying process that you shouldn’t overlook. Whether you’ve been a homeowner before or not, you might have heard of title insurance before. Frontier Title Group has put together this blog to share some important things to know about obtaining home title insurance through a closing company for peace of mind when closing your property transaction.

What Is Title Insurance?

Title insurance is a type of coverage that protects the buyer and the lender against financial loss that occurs as a result of legal defects in the ownership of a property. In other words, it protects you from any issues that may arise from the title being transferred to a new owner, like liens, judgments, or disputes that could affect your ownership of your property.

Why Do I Need Title Insurance?

Title insurance is typically required by mortgage lenders to protect their investment, but it also protects the homeowner in the event of any legal disputes arising after the closing of the property title. This type of insurance is a one-time fee that provides coverage for as long as you own your home, and it potentially provides considerable peace of mind.

How Do I Obtain Title Insurance?

Your real estate attorney or title agent will typically provide you with a title insurance closing quote during the process of closing your transaction. The quote will outline what your title insurance policy will cover and how much it will cost. Shopping around and comparing quotes to find the best deal for you is a wise approach.

Where Can I Find Closing Services for My Title Insurance?

It’s important to work with a reputable closing company that can provide you with a clear rundown of what title insurance coverage is, how much it would cost, and what it covers. At Frontier Title Group, our team of experts will provide you with reliable and professional closing services so that you can feel confident in your real estate investment.

Obtaining home title insurance through a closing company is an important aspect of any property transaction for homeowners in Florida. This insurance coverage provides additional protection against losses that could be incurred through legal claims on the property title. Contact us at Frontier Title Group to learn more about our closing services and home title insurance policies.