Is Homeowners Insurance The Same As Title Insurance?

  1. 7647 POINTS
    Mark Bartlett CLCS
    Branch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance Carriers
    Homeowners Insurance and Title Insurance are not the same. Title insurance is insurance to make sure the title of the home is clean. For example you are purchasing a home from Mr. Doe. The title company is to make sure all information is accurate such as who is the seller, boundaries are correct and so on. If you purchased the home from Mr. Doe and you find out later there also was a MS. Doe who says I never gave permission to sell the home now there is a problem and title insurance would step in to cover this situation. Homeowners insurance is what you purchase to cover your actual dwelling and property, liability etc... for a potential loss.
    Answered on September 25, 2013
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  2. 1866 POINTS
    Paul Roth
    Senior Commercial and Annuity Specialist, Freedom Brokers, Marion, Carbondale, Harrisburg IL
    No, Homeowners insurance covers you for sudden and accidental physical losses typically from wind, water, weather and fire. Depending on your coverage, homeowners also may cover you for earthquake damage, sewer backup, and being sued for liability issues such as dog bites, or someone tripping on your stairs. In the United states, we often take for granted property rights. However, if someone has a problem buying or selling a home because of a false claim against the land, or the land was surveyed wrong, or the old owner was not the real owner, Title insurance covers legal expenses and insured that the property you pay for is the property you purchase.
    Answered on September 9, 2016
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