“Do I need title insurance?” is one of the most common questions I am asked as a closing attorney. The answer is a resounding YES. Most individuals purchasing a home do not understand what title insurance is or how it can protect them from the issues that frequently arise in connection with a real estate closing. In fact, many of the most common title issues that occur are not anyone’s fault. But without an owner’s title policy, it can create issues for your client in the future. Since most people purchase an owner’s title insurance policy, we are able to rely on that policy to prevent most delays in connection with closing. I hope this article helps educate buyers on the importance of obtaining an owner’s title insurance policy at closing.
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