Hansen Title & Legal Services, LLC is a licensed title insurance agent for First American Title Insurance Company. An important factor in the settlement process is title insurance. Title insurance protects mortgage lenders and owners from unexpected title risks. Should a claim arise, your policy covers your losses and legal fees. Title insurance can be purchased at closing for a one-time premium based upon the property purchase price.
Sure. First understand there are basically three different levels of coverage: Standard coverage, extended coverage, and our most comprehensive "EAGLE Policy" coverage.
Standard coverage handles such risks as:
An extended coverage policy may be requested to protect against such additional defects as:
Subject to availability in your locale, First American's EAGLE Policy covers all of the risks listed above, plus:
As with any insurance contract, the insuring provisions express the coverage afforded by the title insurance policy and there are exceptions, exclusions and conditions to coverage that limit or narrow the coverage afforded by the policy. Also, some coverage may not be available in a particular area or transaction due to legal, regulatory or underwriting considerations. Please contact us for further information.