IS TITLE INSURANCE JUST LIKE OTHER INSURANCE?

No, title insurance is unique in that liability under it ends where liability under other forms of insurance begins. Title insurance insures against the results, acts and defects of the past, whereas other types of insurance protect against happenings or losses in the future. For instance:

1. A title insurance policy issued today insures the holder against defects of the past, occurring prior to the date of the issuance, that may affect the title. The title policy does not insure against defects originating at a later date.
2. Fire insurance, life insurance, accident insurance, etc. protect against happenings in the future.