FAQs (Frequently Asked Questions)

Q. What exactly is title insurance?

A. Title insurance is a contract to indemnify against losses arising through defects in the title to real estate (real property). If the title is insurable, the company guarantees against loss due to any defects in title not specifically set forth in the policy. It also pays all expenses in defense of any lawsuit attacking the title as insured. Masterpiece Title has an expert staff that can guide you through the process of obtaining title insurance.

Q. Why do I need Title Insurance?

A. To protect possibly the most important investment you'll ever make - the investment in your home. With a title insurance policy, you as owner, have an indemnity contract that will reimburse you for loss in the event someone asserts a claim against your property that is covered by the policy.

Q. How can there be a title defect if the title has been searched?

A. Title insurance is issued after a careful examination of copies of the public records. But even the most thorough search cannot absolutely assure that no title hazards are present, despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search.

Do you have more questions about title insurance? We would love to answer them!

Call the friendly staff of Masterpiece Title toll-free at 1-888-278-5472!