FREQUENTLY ASKED QUESTIONS

Sandpiper Title & Settlements, LLC Help Center

WHAT IS TITLE INSURANCE?

Title insurance is a way to protect yourself from financial loss and related legal expenses in the event there is a defect in title to your property that is covered by the policy. Title insurance is purchased by homeowner's during the purchase or refinance of a commercial or residential property.

DO I NEED TO PURCHASE TITLE INSURANCE?

Absolutely! An Owner's Policy gives you the peace of mind that your title company will stand behind you in case there is a title defect after your purchase your property.

WHAT ARE SOME OF THESE "TITLE DEFECTS" THAT ARE MENTIONED?

Some common examples of risks covered by your Owner’s Policy include defects in title caused by:
+ Forgeries and fraud
+ Unpaid taxes and other assessments
+ Unpaid judgments or liens
+ Unreleased mortgages
+ Mistakes in previous recorded documents

HOW MUCH DOES TITLE INSURANCE COST?

The one-time premium that you’ll pay for a title insurance policy varies by state, but generally is related to the value of your property. Click the Rate Calculator button below to get an estimated policy cost.