Title Insurance

Protecting Your Home Investment

A home is usually the largest single investment any of us will ever make. When you purchase a home, you will purchase several types of insurance coverage to protect your home and personal property. Homeowner’s insurance protects against loss from fire, theft, or wind damage. Flood insurance protects against rising water. And a unique coverage known as title insurance protects against hidden title hazards that may threaten your financial investment in your home.

Imagine your family has just settled into your new home. What would happen if you were notified that the seller did not have the right to sell you that home, and the true owner has come to reclaim his property? Or, you are just about to build your dream vacation home on a beautiful acreage. What would you do if a utility company approached you to pave a road right through the center of your land, citing a legal easement attached to the title of your property?

You see, when purchasing a home, instead of purchasing the actual building or land, you are really purchasing the title to the property – the right to occupy and use the space. That title may be limited by rights and claims asserted by others, which may limit your use and enjoyment of the property and even bring financial loss. Title insurance through Pennington Title protects against these and other types of title hazards.