There are two types of title insurances. Lenders title insurance and owner’s title insurance. All lenders require that borrowers obtain lender’s title insurance at closing. However, owners title is optional to obtain by the buyer. There are two types of coverages in owner’s title a basic (standard) or enhanced policy coverage. Title insurance is purchased at closing in a one-time premium on your closing statement.

Standard Policy

  • Ownership Title
  • Public Record Errors
  • Fraud & Forgery
  • Undisclosed Heirs
  • Liens 

Enhanced Policy

  • Access
  • Subdivision Law
  • Building Permit
  • Zoning
  • Encroachment
  • Easements
  • Surface Extraction
  • Covenants, Conditions
  • Supplemental Taxes
  • Continuation of Coverage
  • Automatic Increased Coverage
  • Plus, ALL in Standard Policy

This is a basic comparison only for educational purposes only. When you are under contract on a home consult your title company for more information.