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Title Insurance Provides a Free Collection Service

There are 1001 reasons to buy Title Insurance, and 1001 reasons it’s good.  What you may not realize, though, is that Title Insurance benefits more than just the individual homeowner.  Because Title Insurance tries to eliminate risk, it provides a free collection service as part of its job, which helps society as a whole.

Title Insurance forces the issue.  From mortgage liens, to judgments, and child support, Title Insurance not only exposes the problems, but insists on resolutions.  Collection of these moneys owed is simply part of the function of Title Insurance, no added fee.  Beyond what government and private mortgage companies can accomplish, Title Insurance enforces the payoffs that are supposed to happen.  Thus the value of Title Insurance is a lot greater than the protection of a single homeowner.

 

Stephen CollinsTitle Insurance Provides a Free Collection Service

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