5 Reasons Every Homeowner Needs Title Insurance

A home is probably the single largest investment you will make in your life. You insure everything else that’s valuable to you—your life, car, health, pets, etc., so why not your largest investment? There's many reasons you should want to protect the investment of your home. So, this week, the best title insurance company at the Lake of the Ozarks is sharing with you 5 reasons every homeowner should invest in title insurance. Take a look:

If you’re buying a home, there are many hidden issues that may come up only after you close. Getting an owner’s title insurance policy is the best way to protect yourself from unforeseen legal and financial title discrepancies. Homeowners insurance and warranties protect only the structure and belongings of your home. Getting owner’s title insurance ensures your family’s property rights stay protected.

Regardless of the reason you choose title insurance, it puts your name as the owner on the records. A good title insurance agency investigates the history of your property to determine that you are indeed the rightful owner of the property. After the documents have been signed and submitted, title insurance assures that your name is listed as the current owner of the property for the state and local county.

Each year, more than 80% of America’s home-buyers choose to get owner’s title insurance. That's because the price for insurance is far less expensive than the potential cost of not having it. Owner’s title insurance is a one-time fee that’s very low relative to the value it provides.

If you’re buying a home, owner’s title insurance lets you rest assured, knowing that you’re protected from inheriting any existing debts or legal problems, once you’ve closed on your new home. As long as you or your heirs own your home, owner’s title insurance protects your property rights.

If you’re buying now and selling later, then good title insurance speeds up the process. With proof of your clear title, you will find a much smoother time when selling the home. It’s easiest to sell with the deed in hand.

With title insurance, you can relax and enjoy the peace of mind that you are the legal, rightful owner of your property and that your allies at Arrowhead Title, Inc. will help protect your investment, should the need arise. If you're in the process of buying a home at the Lake of the Ozarks, we hope you will keep us in mind as your go-to title insurance company at the Lake. We treat all of our clients with the utmost respect, integrity, and - above all - accuracy.


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