There are many problems that can affect your title, including tax liens, forged signatures in the chain of title, recording errors, title search errors and claims by missing heirs and/or ex spouses. There are two types of title insurance, Loan policies and Owners policies. An owners policy protects you and your property. The Owner’s Policy is what protects your equity in your home and provides assurance that the title company will stand behind you if a covered title problem comes up after you buy your home. In short, Title Insurance protects from future loss if a covered claim against your property is made, and unlike other insurance policys, title insurance is a one time fee and will protect you as long as you and your heirs own the property. Call Ranger Title for all your questions or concerns at 973-771-4710.