Owning real estate is one of the most valued freedoms in our country. When you purchase a property, you deserve the confidence of knowing that it’s truly yours—free from claims, liens, or restrictions.
Title insurance provides that protection. Before issuing a policy, a thorough examination of public records is conducted. However, even the most careful search can’t guarantee that no title issues exist. Some problems simply can’t be revealed through public records alone. Title insurance protects you from these unforeseen risks—covering losses caused by title defects or claims that stem from events prior to your ownership.
Unlike other forms of insurance that protect against future events, title insurance safeguards you from past issues that could threaten your ownership. You pay a one-time premium for coverage that lasts as long as you own your property—whether that’s a few years or a few decades.
A lender’s policy—also known as a loan or mortgage policy—protects the lender’s financial interest in the property against unknown title defects. It ensures the lender’s investment is secure from issues that may not be apparent at the time of closing.
This policy protects only the lender, not the buyer. That’s why homeowners are encouraged to also obtain an owner’s policy to protect their own interests.
An owner’s title insurance policy protects you—the homeowner—from losses arising from faults or defects in your property’s title. It ensures your ownership rights are secure and defends your investment should any issues arise.
Buyers require assurance that the property they’re purchasing has a clear and marketable title. Providing a title insurance policy demonstrates that you’re offering ownership free of defects or legal encumbrances. It builds trust, protects both parties, and helps ensure a smooth closing.
Without title insurance, buyers risk inheriting hidden problems—such as prior liens, judgments, or ownership disputes. These issues can surface long after the purchase and could leave you financially responsible. Title insurance ensures you are protected and defended at no cost against covered claims, up to the full policy amount.
Title insurance premiums are regulated and approved by the state’s insurance commission. The premium is paid only once and is based on the property’s purchase price. Your coverage remains in effect as long as you own your home.
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Wire fraud and email hacking/phishing attacks are on the increase. If you have an escrow or closing transaction with Dynasty Abstract & Title and you receive an email from us with Wire Transfer Instructions, DO NOT RESPOND TO THE EMAIL TO VERIFY THE INSTRUCTIONS. Instead, before you send funds, call our office at (317) 670-0043 for confirmation that the information you received is correct. Be sure to have your instructions with you when you call.
