Title Insurance provides you with the comfort of protecting one of the biggest investments you will ever make, your home.

There are two types of Title Insurance Policies:   A  Lender's Policy which is based on the mortgage amount and protects the lender, and an Owners Title Policy which protects the purchaser and is based on the sales price.  When both are issued at closing, there is a savings.

The lenders policy protects the Lender.  As the mortgage is paid down, the policy decreases.  An owner's policy does not decrease but is based on the sales price and an enhanced policy can also be purchased which will have an inflation value.

Reissue Rates may also apply if the prior owner has an Owner's Title Policy and can make a copy of the prior policy available.

OWNERS TITLE INSURANCE offers this protection and will remain in effect as long as you and your heirs have an interest in the property.  This coverage is a one-time fee, with rates approved by the Insurance Commission, and this fee is paid at the time of your settlement.

A few of the most common risks that can affect your title to the property would involve forgery of a security instrument, unknown property owners, deeds signed by unsound persons, unpaid liens against the property, errors in recording your documents, and fraud. 

If a claim is made after you have purchased your property, the Title Insurance provider will appoint a representative who will work to resolve the problem.  Losses and attorney fees are covered by the policy.

Owner Title Insurance will protect your investment, but is OPTIONAL.  No one can make you protect yourself.

KEY TITLE INC. will welcome the opportunity to discuss title insurance with you and provide written information for your review.  Call us with your concerns and questions, even before your settlement.