Why do I need title insurance?
Title insurance protects you, the purchaser or owner, against a loss that may arise by reason of a defect in your ownership or an interest you have in real property. Title insurance protects against future losses arising out of events that have happened in the past.
In addition, the title insurance company agrees to defend you in court if there is an attack on your title. It will cover attorney and court expenses or pay a loss caused by a defect in title up to the face amount of the policy subject to the terms listed in your policy.