"Title insurance" is a type of insurance that protects a person who buys a property from a financial loss if there is an issue with the property's title that they were not aware of when they bought it. The title insurance company will pay out if the buyer experiences a "loss" due to this issue, and the buyer is "reimbursed" for the claim.
These are questions that the above text answers:
1. What is title insurance?
2. Who does title insurance protect?
3. What does title insurance cover?
4. What is the purpose of title insurance?
5. What happens if there is an issue with the property's title?
6. Who pays out if the buyer experiences a loss due to a title issue?
7. What is the role of the title insurance company?
8. How does title insurance benefit homebuyers?
9. What is the process for filing a claim with title insurance?
10. How does title insurance reimburse the buyer for a claim?