Insurance Awareness Day: Shedding Light On Title Insurance
June 28th, 2016 is Insurance Awareness Day. It's a day specifically designed as an opportunity for individuals to review their current home, auto, life, health, and other insurance coverages to ensure that they're getting quality coverage at a good price. Our title company at the Lake of the Ozarks is expanding the definition of Insurance Awareness Day, however - we thought we'd take the opportunity to raise awareness for one of the lesser known (but equally important) forms of insurance: title insurance. What Is Title Insurance? Title insurance, as its name implies, is a service that ensures a property owner's right to the title of their land. In other words, it protects the property owners' right to use and occupy the land as long as they or their heirs have a vested interest in the property. Title insurance policies are issued at the date of the closing and are purchased for a one-time premium, making them much more affordable than other forms of insuran