What to look for in a title insurer

by | Nov 14, 2019 | Blog

You have the right to choose a title insurance company you know and trust

Buying a house can be an intense and exhilarating experience, and you want the right people on your side, working on your behalf. But when it comes to title insurance, many homebuyers forget that they have the right to choose a title insurance company they know and trust, an important consideration when you’re making one of life’s biggest purchases.

Finding the right title insurance company for you requires a little legwork on your part, but it’s a worthwhile endeavor. But where to get started? We’ve pulled together a few expert tips on what you should look for in a title insurer.


Find the right title insurance company with these tips

Ask around

Your mortgage lender, business associates and even friends and family have likely had an experience with a title insurance company near you. Talk with them about who they trust, who they don’t, and why. (Your Realtor can also be a great resource, so read on.)


Check their reputation

Real estate agents know firsthand which title insurance professionals and title insurers deliver on their promises, and which ones are slow to follow up. And over time, title insurers get a reputation for either handling claims promptly and fairly, or, sadly, not. You want to choose a title insurer who is going to be there when you need them, whether it’s closing time or there is a claim against you. Ask your Realtor who they recommend, and what their experience has been with that company.


Look for experience

It’s important that you make sure that the title insurer has not only experience overall, but specifically experience working in your region. A title insurance company with professionals who have built relationships with local real estate professionals and mortgage lenders in your area is an excellent choice that will help ensure the homebuying process goes smoothly.


Check their financial stability

At River Valley Title Group, we are agents for First American Title Insurance Company, which has earned an A” Unsurpassed Financial Stability Rating from Demotech, Inc. That designation offers peace of mind to homebuyers that if something should happen, their title insurance company is financially sound enough to protect you from financial loss if a covered claim should arise.


Finding the right title insurance company: the key to peace of mind

Finding the right title insurer for you is essential to having the peace of mind you deserve. Knowing your interests are being protected by someone who will be there when you need them and a company that has integrity is essential. And knowing they have the financial stability to back up their promises is vital. By looking for these qualities in a title insurer, you can feel confident you’ve chosen the right partner in protecting your property ownership.