Providing Peace of Mind to Florida Realtors, Lenders & Consumers
Unlike other insurance premiums, which must be paid annually, a title insurance premium is paid one time only at settlement. The premium is figured based on the purchase price. Getting title insurance is one of the standard steps home buyers take before closing on a home purchase. Purchasers and lenders need title insurance to be insured against various possible title defects. The buyer, seller and lender all benefit from issuance of title insurance.