Adam Leitman Bailey, left, and Josh Filsoof Title Insurance: Determining an Insured's Loss and Calculating the Damages
Even the most prudent lay person or attorney in private practice cannot inspect and discover each and every title defect that might affect the property. In order to protect against the risk of defects in ownership, title insurance is purchased, which is the most misunderstood, yet most valuable, forms of insurance in America.
April 20, 2021 at 01:00 PM
14 minute read
Title insurance is the most misunderstood, and one of the most valuable, forms of insurance in America. Even the most prudent attorney in private practice or lay person cannot inspect and discover each and every title defect or claim that might affect a specific property. In order to protect against this inherent risk of property ownership or defects in ownership, title insurance is purchased.
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