Title Insurance protects your ownership of a property against any unknown liens, heirs, or encumbrances to the title that may have occurred prior to your purchase of the property. You pay the premium one time, when you close on the purchase of the property.

Title insurance provides coverage for potential issues that may arise, such as:

1. Errors or omissions in public records: This could include mistakes in property deeds, surveys, or other legal documents that affect ownership rights.

2. Unknown liens or encumbrances: Title insurance protects against any outstanding debts or claims on the property that were not discovered during the title search process.

3. Fraudulent claims or forgery: If someone fraudulently claims ownership of the property or forges documents affecting the title, title insurance can help protect against financial losses.

4. Invalid or improper title transfers: Title insurance provides coverage if a previous transfer of the property's title was invalid or improperly executed.

5. Boundary or survey disputes: If there are disagreements over property boundaries or survey issues, title insurance can help resolve these disputes.

Title insurance is typically purchased during the property purchase process and remains in effect for as long as the insured party or their heirs hold an interest in the property. The cost of title insurance is usually a one-time premium paid at the time of purchase or refinance, based on the property's value.