05/26/2022
What is title insurance and why do you need it? Here’s what you need to know about what title insurance covers, how much it costs and whether you should buy the optional owner’s policy.
When you take out a mortgage, one of your closing costs will be for title insurance. The premium is a one-time charge, and the policy protects the lender. You also can purchase owner’s title insurance to protect yourself, but it’s not required. Here’s what you need to know about what title ins...