Most Ponte Vedra homeowners realize it’s important to carry title insurance once they’ve purchased a home. As a result, they buy policies and know that coverage is there in the event it’s needed. Sadly, so many of these very same people really don’t understand their insurance. It pays off to be knowledgeable about title insurance and the information below can give you incredible insight and information.
What is Title Insurance?
Title insurance is available to the buyer of a property and to the owner. As a buyer, the insurance protects your legal rights vested into the property governing its use, control, possession, and its dispossession. If the title isn’t accurate and complete, it can considerably affect your investment. That’s a nightmare that you never want to experience but one that you’re protected against when a good title insurance ponte vedra policy is in place.
You are protected in many other ways with a title insurance policy in place as well. What if there are previous claims against rights to the property that you purchase and now own? It is rare, but it does happen and without title insurance, you may be in an uphill, time consuming and costly battle. But, with insurance in place, there is one less thing to worry about.
Choose a Great Title Agent
Your title insurance is only as good as the agent that you’ve entrusted your needs to. Choose carefully, since some agents are working for their customers while others more so to fill a position. Which option seems better when you’re in need? A great title agent has a great title insurance policy awaiting you, can answer your questions, and otherwise helps you feel your best when buying policy to protect your purchase.