Title Insurance: What You Need to Know

When you are getting ready to close on your new home, reaching out to Metro National Title Associates can help ensure that you are getting the title insurance and other property closing details handled efficiently. You want to make sure you understand what you are receiving, and the different kinds of options you have. There are several types of title insurance you can consider. By knowing what type of coverage you can get, and what you are able to select, you can have additional peace of mind. These often overlooked details will also help you get the services you need, and the policy that is going to be right for you. There is no need for you to settle for less.

There are two basic types of title insurance policies. These are lender's policies, and owner's policies. The lender's policy specifically insures your lender, while the owner's policy is designed to make sure the property's owner is covered. Both of the policies provide protection to the insured parties, in case there are any defects in the chain of title. That is one of the biggest reasons that there is a title search conducted before property is transferred from a seller to a buyer. This search lowers the chance that there will be another claim on the property's title, and helps provide peace of mind for the insured owner and their lender.

Metro National Title Associates is here to answer your questions, and to provide you with all the information you need, so you can make an informed decision regarding your closing needs - including your title insurance policy. While the lender will want a policy of their own, you will also want to make sure you are covered. Asking us about offerings and coverage limits is one of the best ways to be sure you know what you need, so you can pick the policy that works for you. That is important for your future, and we are here to help.