Have you ever heard anyone say, “You don’t need insurance until you need it? ” It sounds a bit obvious and silly, but it’s true. Title insurance is one of those things that is sometimes looked at (and soon forgotten) as just a line item on the HUD 1 Settlement Statement. Many people don’t realize just how valuable a title insurance policy can be until it’s time to file a claim on what is most likely their biggest asset, the family home.

We won’t go into any horror stories today ( and how title insurance saved the property owner). There’s one point we want to make. When shopping for a title company for your next real estate transaction, please consider the claims reserve (or claims paying ability) of your title company. If by chance you choose a title insurance company that does not have a healthy claims reserve, you may find yourself in a precarious position should they encounter a surge in claims.

Ticor Title is backed by our nation’s largest claims reserve at $2.7 Billion dollars. It’s hard for most people to even imagine how much money that is. But it suffices to say that insuring the title of your property with Ticor is a smart move. Rest assured.

We’ve got you covered!

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