The Importance of Title Insurance


The purchase of a home requires more than just a downpayment and a mortgage; there are also the “add on” products that either protect you investment or the lenders interests.

There’s mortgage loan insurance, homeowners insurance and title insurance – the purpose of the last one being the least clear to most of us. To make matters murkier, there are actually two types of title insurance required when purchasing property; one covers the lender and the other protects the home owner.

Take a look at this article from the Montreal Gazette for a nice overview of the role of home owner title insurance. For a refresher on both types, including lender required title insurance, check out this piece from one of our past features on the various types of insurance required when purchasing a home.

As the company’s first employee, Jennifer has been a Licensed Mortgage Associate since 2004, but her current role is not focused on mortgages. She is the resident blog writer and…

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