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Is an Owner’s Policy Worth
the Investment?
Title Insurance is based on loss prevention.
A typical title search involves searching
public records as well as our own Title Plant.
No other insurance does this level of due
diligence before issuing a policy.

When there is a claim against the title policy
it is often due to a title defect that was
undetected during the title search. The
most common problems are FRAUD and
FORGERY. When there is a loss it is usually
significant and oftentimes in the hundreds of
thousands of dollars.

Some of the Risks
Covered By Title Insurance Policy

The following are risks covered by a Homeowner’s • You are forced to remove or remedy your existing
form of title insurance policy (subject to insuring structures, or any part of them, because any
provisions, exclusions, exceptions and the portion was built without obtaining a building
conditions and stipulations): permit or because they violate existing zoning law
or zoning regulation.
• Someone else claims to have rights affecting your
title arising out of forgery, fraud or impersonation. • Your existing improvements made after the policy
date, including lawns, shrubbery or trees, are
• Someone else owns an interest in your title or has damaged because of the future exercise of a right
a recorded lien or encumbrance on your title. to use the surface of the land for the extraction
development of minerals, water or any other
• Someone else has rights affecting your title arising substance.
out of leases, contracts or options.
• Someone else tried to enforce a discriminatory
• Someone else has an easement on the land or covenant, condition or restriction which is based
recorded right to limit your use of the land. upon race, color, religion, gender, handicap,
familial status or national origin.
• You are forced to correct or remove an existing
violation of any covenant, condition or restriction • A document upon which your title is based is
affecting the land. invalid because it was not properly signed, sealed,
acknowledged, delivered or recorded.
• Because of an existing violation of a subdivision
law or regulation affecting the land: • The residence with the address shown is not

• You are unable to obtain a building permit. located on the land.
• You are forced to correct or remove the
violation.
• Someone else has a legal right to, and does, 07/2021 | © 2021 Old Republic Title | OR2074-DI-AZ | Old Republic Title is providing this
information as a free client service and makes no warranties or representations as to its
refuse to perform a contract to purchase the accuracy. Old Republic Title strongly recommends consumers confer with their title
insurer as underwriting requirements vary among companies and further, obtain guidance
land, lease it or make a mortgage loan on it. and advice from qualified professionals, including attorneys specializing in Real Property,
Trusts and/or Title Insurance to get more detailed, and current, information as to any
particular situation affecting them.