How does title insurance protect a home owner?
It insures that you have a clean title and 100% interest to the real estate you purchase. (besides your lender) Without it, you could one day be presented with a lien on the home that the previous owner is responsible for, an ex-wife or child of a previous owner could have interest in the real estate due to unpaid child support or alimony, the IRS could end up with interest in a home because the previous owner didnt pay all tax lines, etc.