Sunshine Title & Settlement, Inc.

Why do I need title insurance?

To protect your property rights.

  • ​​​Protect your largest investment

​A home is probably the single largest investment you'll make in your life. You insure everything else that's valuable to you - your life, car, personal property, health, pets, jewelry, etc, So why not your largest investment? For a one-time fee, owner's title insurance protects your property rights for as long as you or your heirs own the home.​​

.

  • The value can't be beat

Owner's title insurance is a one-time fee that's very low relative to the value it provides. It typically costs around 0.5% of a home's purchase price.

  • Your heirs are covered

As long as you or your heirs own your home, owner's title insurance protects your property rights.

  • Nothing Compares

Home insurance and warranties protect only the inside of your home. Getting owner's title insurance ensures your family's property rights stay protected.

  • 8 in 10 homebuyers agree

Every year, more than 80% of America's homebuyers choose to get owner's title insurance.

  • Peace of mind

If you're buying a home, owner's title insurance lets you rest assured with the knowledge that you won't have to take on certain existing debts or legal problems once you've closed on your new home.

​A title insurance policy guarantees that title to the property is free of "hidden" liens, hazards or human errors.  When title insurance is purchased and experienced title examiner performs a comprehensive search of the public land records to determine if any liens or other encumbrances are attached.  Although this search is intended to report all material title objections, there is always a chance that the substantial issues may go undetected. 

Examples of undetected issues:

  • Unpaid mortgages
  • Unpaid property taxes
  • Child support liens
  • Missing heirs who could claim the property belongs to him or her
  • Missed easements or rights of way that could limit your use of the property


To protect against risk, a lender will require assurance that the title to the property is clear and this is done through the issuance of a loan policy.  This policy covers the lender only.


An owner's title policy protects you  against future losses arising out of events that may have happened in the past.  Your policy serves as a written guarantee that your underwriter will undertake, at it's own expense, the defense of your title in all legal actions or proceedings alleging title to be other than as insured.  The owner's title insurance policy is a one time premium paid during the closing process.

Title insurance guarantees that you have legal and " marketable" title to the property you are financing.  Title insurance may be issued for both the buyer and the lender, if there is one.  The lender's policy will protect the lender for any defects in the title up to the amount of the loan.  The buyer's or owner's policy will protect the new buyer against any flaws in the title.  The policy will be good as long as the buyer owns the property.  It covers events or circumstances that happened in the past, before the buyer took title to the property.

Title Insurance

7 Reasons why every homebuyer needs owner's title insurance

  • Your risk is reduced

If you're buying a home, there are many hidden issues that may pop up after purchasing it. Getting an owner's title insurance policy protects you from legal title discrepancies. It could happen to you. Here are just some of the many situations that you'll be protected from if you have owner's title insurance.

Undetected title claims, such as:

  • Forgery: making a false document. For example, the seller misrepresents the identity of the person selling the property.
  • Fraud: deception to achieve unfair gain. For example, someone steal your identity and either sells your house without your knowledge or consent, or takes out a second mortgage on the property and walks away with the money. 
  • Clerical error: inconsistent paperwork and historical records. For example, an undetected discrepancy in the property or fence line causing confusion in ownership rights.

Unexpected title claims, such as:

  • Outstanding mortgages and judgments, or liens against the property because the seller didn't pay required taxes.
  • Pending legal action against the property that could affect your ownership.
  • An unknown heir of a previous owner who is claiming ownership of the property.