What is title insurance?

What is Title Insurance? Find out with Amy Smith from The Galante Group, powered by Ticor Title in Temecula, California!

Realtors Michael and Anita Marchena sit down with Amy Smith from The Galante Group, powered by Ticor Title, to answer one of the top questions they get from buyers and sellers: What exactly is title insurance? Watch our video to learn why title insurance is a crucial part of the home buying and selling process. Amy is well-known for her exceptional service and deep expertise in title insurance, making her an invaluable resource in every transaction. Remember to keep Amy and Ticor Title in mind for your next title order!

So, what is Title Insurance? Title insurance is a type of indemnity insurance designed to protect the policyholder from financial losses due to defects in a property’s title. The most common form is lender’s title insurance, where the buyer covers this policy to protect the lender.

What About Owner’s Title Insurance? While lender’s title insurance protects the bank’s investment, owner’s title insurance protects you, the buyer, for as long as you or your heirs own the home. It covers legal fees and losses if a covered title issue — like a forged signature, undisclosed heir, or old lien — surfaces after closing. It is a one-time cost paid at closing, and most escrow companies, including Ticor Title, can walk you through exactly what it covers before you sign.

Where Does Escrow Fit In? Escrow is the neutral third party that holds funds, documents, and instructions during a sale and only releases them once every condition both buyer and seller agreed to has been met. Your escrow officer coordinates with your lender, your real estate agent, and the title company so everything — loan documents, inspection contingencies, payoff of the seller’s existing loan, prorated taxes and HOA dues — lines up before closing day. A smooth escrow is a big part of why a transaction closes on time.

Why We Recommend Amy
Amy Smith has worked in real estate since 2005 and now serves as VP of Business Development for The Galante Group, powered by Ticor Title. We have worked with Amy and her team on real transactions, and what stands out is responsiveness — she and her team keep buyers, sellers, and agents in the loop instead of leaving everyone guessing during escrow. If you have questions about title or escrow on an upcoming purchase or sale, she is a great person to start with.

Curious what else happens between an accepted offer and closing day? See our full Steps to Buying a Home guide, or contact us and we will walk you through it.

Contact Amy Smith — The Galante Group, powered by Ticor Title
Phone: (951) 776-7114
Direct: (951) 240-0330
Email: amy@amy4title.com
Address: 25220 Hancock Ave Ste. 105, Murrieta, CA 92562
Website: galantegroup.com