What is actually insured under an Owners' comprehensive title insurance policy?
What is Covered under a Lender's comprehensive title insurance policy?
How much does it cost?
Why does someone need title insurance when they can rely on their lawyer?
When should I use title insurance?
Will you pay out to both the owner and the bank?

If there is an owners and a lenders policy it is entirely possible that either or both could make a claim under their respective policies. If a payout is involved under both policies, then we settle the lender liability first and secondly we pay the insured owner the amount of the owner's loss less the amount we have paid to the lender.


Does the owner need to do anything to prove title defects?
What happens if my property increases in value?
What sort of major title defects are uninsurable?
Do you cover illegal structures?
How do you settle claims? And how long does that take?

 

-----------------------------------------------------------------------------------------------------------

Products and Services : Newsletters : FAQs
Claim Examples : Links : Contact Us
Conditions of Webpage Use

 


Copyright © 2006 First American Title Insurance Company.