I bought my house a little over a year ago. I never chose an insurance company, the lending company was just like: title insurance for this and for that .... $×××× do you want to pay it?Talk to me about title insurance, both owners and lenders...I am looking at a new mortgage quote and have included both. Obviously a good idea but since it's insurance I assume some company needs to underwrite the policy, looking for some good ones and details of what I should make sure are included...And is title insurance in general a money grab or does it actually work in you need it...
Of course, I paid it. It wasnt a lot and it was a one time fee all rolled into the costing costs.
I made sure I was covered.
After I got the house, the paperwork for the title insurance was mailed to me. I never really looked at it. I just opened the binder, checked a couple of things and it got burried with all the papers for the house.