Benefits of Coverage

  • Unlike homeowners insurance, title insurance is a one-time fee paid at closing
  • Provides more protection to buyer by including protection of the total purchase price
  • Offers security in ownership
  • Assists in a quick transfer of the property
  • Guarantees payment of legal costs to defend your title and payment of all covered, successful claims up to the face amount of the policy
  • Although not required, an Owner’s policy is highly suggested because lenders are often given coverage that owners are not. In addition, a lender’s coverage terminates when the loan is paid in full, so an owner’s policy would provide coverage throughout the duration of ownership.

North Carolina property owners benefit from a “Simultaneous Issue Rate,” which applies when a lender’s policy is requested at the same time an owner’s policy is ordered. This rate is included in the owner’s policy premium at no additional charge.

Contact Us with Questions or for a Rate Quote
Phone: 800-509-4483
eFax: 336-714-6295
pct@preferredcarolinastitle.com