Purchasing property can be a long and taxing process.
As the buyer, it's difficult to know whether you've checked every box along the way.
Properties may be subjected to a wide array of legal challenges.
Boundary discrepancies, tax liens, inheritance disputes, fraudulent activity, etc., can cause major headaches after you've purchased your property.
Owner's title insurance protects YOU, the buyer, from claims against your property rights should any of these problems arise.
The odds may seem low that your property would encounter legal problems, but the impact of such claims can be financially devastating. Title insurance typically represents about 5% of the property purchase price - an exceptional value for the protection and peace of mind it provides!