OWNER'S TITLE INSURANCE POLICY

An Owner's Title Insurance Policy protects the insured owner while he owns the property. It also protects the insured after he sells the property, from any loss he many suffer due to the warranty of title contained in the deed which he signs when his sale is made. The premium is paid only once for this protection. The policy guarantees that at the date the deed was filed of record putting title in the insured, the title was free of defects, except those shown in the policy. It guarantees up to the face value of the property. Title insurance protects the buyer by guaranteeing that the title is legally transferable.  The policy does not guarantee the actual amount of land.