title insurance


Definition of title insurance 

: insurance against loss due to an unknown defect in a title or interest in real estate

Examples of title insurance in a Sentence

Recent Examples on the Web

And in his post-mortem, Mr. Mirkovic pointed to Iowa, where land records were accurate, title insurance was cheap, and citizens could look up information in a statewide online database that did not use blockchain. Adrianne Jeffries, New York Times, "Governments Explore Using Blockchains to Improve Service," 27 June 2018 Nearly all of the 30 title insurance companies that do business in New York charge the exact same rate. Jim Dwyer, New York Times, "A 96-Word Law Would Be a ‘License to Bribery’ for Insurers," 30 Jan. 2018 In some states, the seller pays the title insurance costs. Benny L. Kass, chicagotribune.com, "When selling a home, what charges do you have to pay?," 9 May 2017 Closing costs generally consist of loan origination fees, appraisal fees, title insurance, title search fees and taxes. Dottie Herman, Time, "Everything You Need to Know About Buying Your First Home," 3 July 2018 HomeServices now owns 42 brokerage brands around the country and also provides financing, title insurance and home insurance services. Nicole Friedman, WSJ, "Warren Buffett’s Berkshire Is Now America’s Second Largest Real-Estate Broker," 3 May 2018 Old Republic was the single largest victim of Sacks’ thefts, paying out $3,612,374.10 in title insurance claims. David J. Neal, miamiherald, "He let an embezzler of $7.9 million handle his law firm's books. What could go wrong? | Miami Herald," 9 May 2018 In the course of buying or selling real estate, most transactions come in searching title or obtaining title insurance. Andrew Zaleski, Curbed, "Bitcoin’s young investors put their digital currency to work in the physical world," 21 Mar. 2018 In traditional real estate transactions, a buyer and seller must engage a title insurance company to transfer the deed and guarantee ownership rights to the buyer. NBC News, "How Bitcoin and other cryptocurrencies could kill off cash," 16 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'title insurance.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of title insurance

1886, in the meaning defined above

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Statistics for title insurance

Last Updated

18 Sep 2018

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Time Traveler for title insurance

The first known use of title insurance was in 1886

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More Definitions for title insurance

title insurance


Legal Definition of title insurance 

: insurance that compensates for loss from title defects or encumbrances (as liens) that were unknown but should have been discovered at the time the policy was issued

More from Merriam-Webster on title insurance

Britannica.com: Encyclopedia article about title insurance

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