What is title insurance and do I need it?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Title insurance protects you and your lender against claims on the property's ownership — liens, errors in public records, or disputes that predate your purchase. Lenders require a lender's policy; an owner's policy protects you.
In Florida, title insurance premiums are set by the state and are a standard closing cost. An owner's policy is a one-time fee that protects your equity for as long as you own the home. We recommend always carrying it.
What title insurance protects
Title insurance guards against ownership problems from the past. Old liens, forged deeds, or missed heirs can surface after you buy. This policy covers those hidden risks.
Lenders require their own policy. An owner policy protects you and is well worth it.
Title insurance in Florida
Florida has set title insurance rates, so shopping the premium does little. Choosing a solid title company still matters for a smooth close. We work with dependable partners.
We explain both policies before closing. Bring questions and we will make sure your ownership is fully protected.