Title insurance helps to protect lenders and homeowners against major losses. Kentuckiana Title wants to make it easy for you to understand the various aspects of coverage involved in most transactions. While title insurance can be a very complex subject, an understanding of the basics can go a long way. Title policies insure owners and lenders against possible losses from claims against real property ownership. The preliminary report or commitment provides advance information on matters which will be excepted from coverage. Lenders and owners are thereby given an opportunity to correct title flaws before purchasing or lending.