When purchasing property in Florida, consider protecting your investment from fire, storm, or flood. You might also need additional coverage to cover issues or claims regarding ownership, use of property, or occupational rights.
You may also need to protect your real estate if the title is contested based upon claims asserted by other individuals. Title insurance can create a blanket of protection for issues that could arise in the future.
At Atlantic Coast Title and Escrow we have exceptional real estate selling and buying expertise. We can answer any question you have and offer the best solution to your title insurance needs in Florida.
Title Insurance is insurance coverage purchased for real estate through a title insurance company. Once you buy a policy, you will be protected against property loss due to claims against your property ownership. The coverage protects homeowners, real estate property owners, or mortgage lenders making the loans from any claims arising from title issues.
As mentioned earlier, title insurance protects you from several title concerns. For instance, if there is a third-party claim against the ownership of your property, the title insurance company will help cover any costs of settling such claims.
If the claim leads to loss of the title, your title insurance coverage should reimburse you the amount equal to the property’s price. It is essential to understand that the insurance may not cover damages resulting from storms, hurricanes, floods, fires, or other types of property damage. It only protects your property against the losses arising from ownership issues before you acquired the property or those the seller failed to inform you about.
Having title insurance in Jacksonville Beach means that you will not be liable for title flaws dating back to the period before purchasing your property. The insurance will cover any claim emerging from the property’s ownership records.
Title insurance will protect your investment if there are defective deeds, outright fraud, forgeries, and undisclosed heir claims. Covering your investment with title insurance is a wise idea unless you like dealing with litigation.
At Atlantic Coast Title and Escrow, we specialize in offering several title services, including preparing Title insurance policies. Since we are an attorney-owned firm, you will have peace of mind knowing your real estate dealings will be guided by a customized legal approach from beginning to end. This way, you will be sure not to encounter any last-minute surprises.
If you're a buyer, seller, or lender seeking to learn more about how title insurance can safeguard your assets, Atlantic Coast Title and Escrow has got you covered. We will guide you every step of the process to ensure your title insurance needs are met. Contact us for a consultation with a Jacksonville title insurance attorney and simplify your real estate transactions.