Resources
Title insurance can often seem complicated. Here you’ll find answers to your questions about American Title Hub, title insurance and the closing process.
Frequently Asked Questions
No. Title insurance protects against claims and lawsuits related to the legal ownership of a property. Homeowner’s insurance generally protects against fire, damage, theft or other physical losses, none of which are covered by title insurance.
Title insurance protects against losses from title defects, liens against the property and claims of ownership by others. Essentially, it protects against problems that occurred in the past and gives you the “all clear” to purchase and own a property with confidence.
A title represents official ownership of a property. When you possess the title, you own that property and have full rights to use it. Title insurance protects the owner from claims against the property or defects in the chain of ownership.
Lenders require new title insurance at the time of refinancing. If you’re ready to refinance, contact American Title Hub directly, as we can offer lower costs than purchasing title insurance through your lender.
The owner’s policy purchased by the seller is usually in effect for as long as you own the property. The lender’s policy purchased by a buyer expires when the mortgage is paid off. Consult your specific title insurance policy, as these guidelines may not be true in all cases.
Title insurance is not required but a mortgage lender will usually require it to protect their investment (and yours). Generally, a property seller purchases title insurance for the buyer and a buyer purchases title insurance for a lender as a condition of their loan.
Contact Us
277 Durham Avenue,
South Plainfield, NJ 07080
Ph: 862-375-1000
General
info@thetitlehub.com
Orders
orders@thetitlehub.com
Title Needs
processing@thetitlehub.com
Escrow/Packages
closing@thetitlehub.com
Feedback
feedback@thetitlehub.com
Careers
careers@thetitlehub.com
Get an Estimate
Contact us here for an estimate of your title insurance costs.