Title Insurance_ What Does It Cover and Do I Need It
                     Title Insurance: What Does It Cover and Do I Need It? 
 
When you are buying a home, the title of the property is transferred from the seller to the buyer. It's 
important to make sure that the title is clear and that there are no liens or other claims on the property. 
That's where title insurance comes in. This insurance policy protects you against any losses that may occur 
as a result of problems with the title. In this article, we will discuss what title insurance covers and whether 
or not you need it. 
 
What is Title Insurance? 
 
Title insurance is a type of insurance that protects the owner of a property from losses that may occur as 
a result of problems with the title. The policy is usually issued by a title insurance company. The company 
will research the title to make sure that there are no liens or other claims on the property. If there are any 
problems with the title, the title insurance company will pay for the losses. 
 
Why is Title Insurance Needed? 
 
Title insurance is needed because there could be problems with the title that you are not aware of. For 
example, there could be a lien on the property that you did not know about. If you were to sell the 
property, the lien would have to be paid off before the title could be transferred to the new owner. 
Without title insurance, you would be responsible for paying off the lien. 
 
Another reason why title insurance is needed is because of fraud. There have been cases where someone 
has sold a property that they do not own. If you buy the property, you will be the owner of the property, 
but the person who sold it to you will still own the title. If this happens, you will not be able to sell the 
property or get a loan against it. Title insurance will protect you from this type of fraud. 
 
What Does Title Insurance Cover? 
Title insurance covers any losses that may occur as a result of problems with the title. This includes things 
like liens or other claims on the property. It also covers the costs of defending against any legal challenges 
to the title. 
 
Do I Need Title Insurance? 
If you are buying a home, it is a good idea to get title insurance. This will protect you from any losses that 
may occur as a result of problems with the title. It is also a good idea to get title insurance if you are taking 
out a mortgage on a property. This will protect you from any losses that may occur if there are problems 
with the title. 
 
How can I get title insurance service in NJ? 
If you are looking for title insurance in NJ, Main Street Title Services can help. We are a title insurance 
company that specializes in title insurance for residential and commercial properties. We can help you get 
the coverage you need to protect your investment. Contact us today to learn more about our services. 
 
Main Street Title Services is a full-service title insurance company, that provides title searches, title 
insurance policies, and closing services for residential and commercial properties in New Jersey. We are 
committed to providing our clients with the highest level of service and protection. Contact us today to 
learn more about our services or to get a free quote.