What is Not Covered in an Owner's Title Insurance Policy

Title insurance is a vital part of buying a home. It protects you from any problems that may arise with the title to the property. However, it is essential to understand what is and is not covered in an owner's title insurance policy. Many things can go wrong with a property title, and title insurance will help protect you from most of them. However, some things are not covered by this type of policy. This blog post will discuss what is not covered in an owner's title insurance policy.

One of the most important things to understand about title insurance is that it does not cover any problems you are aware of when you purchase the policy. For example, if you know a lien is on the property, title insurance will not cover it. This is because title insurance only covers hidden problems with the title. If you know of a problem, you must purchase a separate policy to protect it.

Another thing not covered by title insurance is any fraud that may occur during the sale of the property. For example, if the seller lies about the property's condition, title insurance will not cover it. This is because title insurance only covers problems with the title itself, not issues that occur during the property sale.

Lastly, title insurance does not cover any problems that arise after you purchase the property. For example, if someone files a lawsuit against you claiming ownership of the property, title insurance will not cover it. This is because title insurance only covers problems at the purchase time.

As you can see, many things are not covered by title insurance. However, it is still a vital part of the home-buying process. It will protect you from most problems with the property title. If you have questions about what is or is not covered by your policy, contact Fleet Title today!

Licensed Florida attorneys founded Fleet Title to bring high-quality, fast, and efficient title services to Florida's residential and commercial real estate markets. Our attorneys have closed real estate transactions for over 25 years. 

At Fleet Title, you will benefit from our experienced attorneys at the cost of a title agent. To learn more about the services offered in Vero Beach, FL, visit www.fleettitle.com, call (772) 224-3338, or email us at info@fleettitle.com.