If you're financing your home purchase with a mortgage, the lender will always require that you obtain the lender's title insurance. There are two types of title insurance: Lender's title insurance and Owner's title insurance. To help you get started, we prepared this comprehensive guide with answers to some of the most frequently asked questions about title insurance. If you're buying a home in these areas, call us to find out everything you need to know about title insurance. Integrity Title & Escrow Company provides comprehensive residential title services in Maryland, Washington DC, and Virginia. However, unlike homeowner's insurance that covers you for possible damage to your home such as fire, water damage and unforeseen incidences, title insurance gives you coverage for past title mistakes or unforeseen liens or judgements against your home which can come up after settlement and threaten your current ownership. While homeowner's insurance gives you protection from any physical loss or damage to your home, title insurance protects your rightful ownership of the property. This is why it's very important to get the right insurance coverage, including title insurance. A home is probably one of the most valuable assets you can purchase so, it's in your best interest to protect it from any potential threats.
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