Standard Owner's Policy


The standard Owner's policy provides the following basic coverage for a homeowner:

  • It insures that you are the owner of the property.
  • It insures against losses from any liens or encumbrances on the property except those listed in the policy.
  • It insures against your title being rejected by a subsequent buyer because it is unmarketable due to a title defect or lien.
  • It insures you have a legal right of access to the property.

The standard owner's policy not only protects you against losses due to title claims covered by the policy, it also pays for the attorney's fees and costs in defending the title.

You are covered under the standard owner's policy for as long as you own the property, and also for liability after you sell the property if you provide title covenants in your deed to the new buyer.

Your standard owner's policy has built-in inflation coverage, that is, the amount of the policy automatically increases up to 150% of the original amount to no extra charge.