What Is Title Insurance

Title insurance is a kind of indemnity insurance that insures against financial loss resulting from liens, encumbrances or defects in the title to the property and from the invalidity or unenforceability of mortgage loans.

Two kinds of title insurance policies exist: Lender’s and Owner’s policies. An Owner’s policy insures the home buyer/new owner. A Lender’s policy insures the priority of the lender’s security interest (mortgage).

For more information on title insurance, like if you need it, check out our FAQs. For any other questions, don’t hesitate to contact FIT.