When buying a home, it’s important to cover all of your bases and make sure there are no discrepancies that could potentially impede your purchase. One of the most important insurance policies for new homeowners is called title insurance, which protects you against outside claims of ownership on the property. However, it only covers the homeowner on events that occurred prior to signing off on the policy. Follow along to finally get the answer to the question, “what is title insurance?”
When renting property, a landlord or the homeowner will usually cover maintenance expenses and resolve most problems. However, what happens if there’s a robbery or a fire? Contrary to popular belief, some accidents that may arise aren’t the responsibility of the landlord. For protection from those incidents, there’s renters insurance.