What Is Title Insurance?

Title Insurance: Protecting Your Property Ownership and Your Finances

As a homeowner, you want to make sure that you and your property are protected from unexpected financial fallout. One essential way to do that is through title insurance. But what exactly is title insurance, and how does it benefit you? Let’s dive into the details.

Understanding Title Insurance

Title insurance is an important component of homeownership that could potentially save you thousands, or even hundreds of thousands, of dollars in the long run. Its primary function is to protect your property ownership by ensuring that you have a clear title to your property.

Why You Need Title Insurance

If you plan to sell your home in the future, having a clear title is essential. Without it, you may be unable to legally sell your property and get a return on your investment. Additionally, title fraud is on the rise, making it challenging to determine if you genuinely own your title. Without title insurance, you could be at risk of property loss and serious financial consequences.

How Title Insurance Works

Title insurance protects you from financial loss due to title defects or legal disputes over ownership. In the event of a covered claim, the insurance company will cover the costs associated with defending your ownership and any resulting financial losses.

Why Choose Southern Title

At Southern Title, we have over 30 years of experience helping homeowners navigate complex title transactions and protect their property ownership. Our skilled agents are available throughout Ohio, with offices in Mansfield, Wooster, Galion, and Sandusky. Contact us today to learn how we can help you secure your property ownership and finances with title insurance.