What is included in a standard title insurance policy?

Hi,

There are two types of title insurance policy. One is the buyer's title insurance policy and the other is the lender's policy. The buyer's policy makes sure that you're protected from any losses due to defects or a lien on the property. The buyer's policy generally is for the value of the home at the time of purchase. The lender's policy on the other hand, insures the lender for the amount of the loan, in case of a defect in the title.

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