When people think of insurance, the word expensive usually comes to mind. However, that is not the always the case with the cost of title insurance. In fact, title insurance is a one-time premium that can even protect you after you sell your home. The cost of title insurance is paid at the time of purchase and is usually included in the closing costs. Contrary to other forms of insurance, there are no annual premiums or renewal premiums.
Buying a home is a complex process, and often one of the largest investments in an individual’s life. The process of buying a home is full of important details that should be considered carefully to ensure that each step in the process is clearly understood. One of the most important, and often overlooked, steps is purchasing a title insurance policy from a title insurance company. For immediate assistance with your real estate transaction or title insurance question, contact our North Florida Title Insurance Company today, or request a title insurance quote online.