Latest / Closing with Confidence, Clear Legal Insight for Central Florida Real Estate Deals
009: Title Insurance Explained: What Florida Buyers Actually Pay For
Title insurance shows up on almost every closing statement, but most buyers have no idea what they're actually paying for. Chelsea Metka breaks down what the policy covers, why it protects against past defects instead of future risk, and why the one-time premium works differently than any other insurance product buyers own.
Chelsea walks through the split between owner's and lender's policies, explains why skipping owner's coverage almost always costs buyers more in the end, and unpacks Florida's promulgated rate system, the state-mandated pricing table that keeps premiums identical no matter…
The skinny
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