Standard vs. Enhanced Homeowner's Title Insurance: Which Is Right for You?

By Ed Mullin

Purchasing a home is one of life's most important investments, and protecting your ownership is just as important as purchasing the property itself. When buying title insurance, you'll typically have two coverage options: a Standard Policy or an Enhanced Homeowner's Policy. For approximately 10% more than the cost of a Standard Policy, the Enhanced Policy provides protection against 18 additional risks—including certain issues that may arise after you purchase your home—making it a valuable investment for many homeowners.

What follows is a coverage comparison that will assist you in determining which policy is best for you to protect your ownership in your home.

Both policies contain conditions and stipulations as required by the underwriter and the American Land Title Association.

Whether you're purchasing your first home or your next one, having experienced legal counsel can make all the difference. The Real Estate Law team at HRMM&L is here to help you understand your title insurance options and safeguard your investment from closing day forward. Contact us to learn more.