Follow These Tips to Find the Top Title Insurance Agent

Because land title insurance protects you from financial loss in the event that problems develop regarding the rights to ownership of your property, it is an essential part of any transaction. A title insurance policy also pays the cost of defending against any covered claim against your property.

That’s why finding an experienced, professional title insurance agent is so important. You’ll find a team of over 60 experienced escrow officers and title examiners in the title industry at First National Title Co., which was formed in 1997 and has since grown to five locations in Central and Northwest Arkansas.

You can trust our staff not only to issue your title insurance policy, but to take care of every aspect of closing your real estate transaction promptly and accurately. Our services include settlement services and closing of both residential and commercial real estate loans.

We’d like to share some key points to remember when selecting your title insurance agent, compliments of the National Association of Insurance Commissioners (NAIC):

1 Frequently, during the application process for your mortgage, a title insurance agency is suggested to you for your use. However, you are not obligated to use that particular company, and you are entitled to select the title insurance agency that you prefer.

2 Ask about the services and fees included in the premium. Find out if any other fees (e.g., title search and examination costs and closing services) will be charged separately.

3 A “lender’s policy” only covers a lender’s loss. It does not protect the buyer from losses arising from title defects or other issues. The NAIC advises consulting with a real estate attorney who is not a party to the transaction to determine if an “owner’s policy” is necessary. We strongly advise purchasing an owner’s policy because it protects you, the buyer.

4 Read all title insurance documents provided at closing, right down to the fine print. Don’t hesitate to ask questions if anything is unclear or if any terms, conditions, or amounts do not reflect previously discussed agreements.

Give us the chance to issue your land title insurance – we know you won’t regret it. Contact us here for more information, or call any of our offices at the numbers listed below.