Court Square Title Agency, LLC
Call us: (540) 932-1788

September 20, 2017

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Frequently Asked Questions
Title Insurance
Answers
  1. What is title insurance?
    Title insurance is a means of protecting yourself from financial loss in the event that problems develop regarding the rights to ownership of your property.
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  2. Why do I need title insurance if there has been a title search performed?
    There may be hidden title defects that even the most careful title search will not reveal. In addition to protection from financial loss, title insurance pays the cost of defending against any covered claim.
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  3. How much does title insurance cost?
    The premium for an owner's policy is based on the purchase price. The premium for a lender's policy is based on the loan amount. If the property has been insured within the past 10 years, a reissue rate may be available. Contact Court Square Title Agency for details.
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