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Frequently Asked Questions

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Title Insurance FAQs

What does title insurance cost?

The cost varies, depending mainly on the value of your property. The important thing to remember is that you only pay once, then the coverage continues in effect for so long as you have an interest in covered property. If you should die, the coverage automatically continues for the benefit of your heirs. If you sell your property, giving warranties of title to your buyer, your coverage continues. Likewise, if a buyer gives you a mortgage to finance a purchase of covered property from you, your coverage continues to protect your security interest in the property.

A title insurance policy from Micro Title is much more cost-effective than other kinds of insurance you have had to purchase. For a single, one-time-only fee, we provide a title policy that remains effective until the property is sold to a new owner -- even if that doesn't occur for decades.


  What is a closing?
  What are closing costs?
  What is a Title?
  What is Title Insurance?
  Why do I need Title Insurance?
  What issues can a title search reveal?
  How does title insurance protect against hazards?
  Why does the seller need to provide title insurance?
  How important is buyer's title insurance?
  What is a title search?
  Are there any issues a title search may not reveal?
  What does title insurance cost?
  If I have a problem, will I lose my property to make a claim?
  If my lender obtains title insurance, why do I need it?
  What if the title is not clear?
  Can I get title insurance for a co-op?
  Do you have to pay for Title Insurance again when refinancing?
  Are title insurance policies issued to insure municipal addresses or only to insure legal description?
  How far back does a title search go?
  What is a 1031 Exchange?
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