Reading Your Title Insurance Policy

Looking for title insurance in Maryland? You’re probably aware that having title insurance protects you from third-party claims against your home’s title and could save you a considerable amount of money if a problem ever arises with your home’s title. Reading over your title insurance policy will help you get to know the specifics of your situation, which will help you be a more informed homeowner. In addition, you may need to know this information well if at some point in the future a claim arises. Here’s how to read over your title insurance policy.

Reading Your Title Insurance Policy

Face Amount

This is the amount for which you’re covered. Make sure this amount is correct and matches what your property was appraised for when you bought it. Remember that your property’s value may change over the years, and you may need to work with your title insurance company to adjust this.

The Date

The date that the insurance goes into effect should match the closing date of the escrow.

The Property

The policy should describe in detail the property and interests that you are purchasing and that it will protect. This includes the boundaries of the property. Title insurance protects not just your home, but your entire property.


If you have any questions about title insurance policies, contact Colony Title Associates today!

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About Colony Title Associates:

Founded in 1995, Colony Title Group handles in excess of 2000 real estate closings in Washington DC and the Delmarva area every year. The founder Tee Tillman has over 23 years experience in the title and real estate law fields. Colony handles closings for several lenders, including banks, credit unions and mortgage brokers. Colony is the preferred choice for many real estate brokers in the Baltimore area. If you have any questions concerning issues that Baltimore title insurance protects you from, feel free to contact us at 410 884-1160 or visit today!



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