If a title issue comes up, the policy holder only has to call the title company and they will hire the attorney and work it out. Their loss is protected up to the amount on the policy.

I saves your BUTT when an issue arises.

Same as having Homeowners Insurance.

 It insures Title.   What else can be said?

It insures clear title. It is insurance ... so if there are issues, mistakes, it is covered. 

It's great insurance that protects you for as long as you own property. If a problem comes up ( I only know of one instance), the title company will handle it. 

Security like any insurance.

Debbie Reynolds nailed this one!

It protects the homeowner's interest in the property. I recently wrote two posts about title insurance. You might want to refer to those if you are really interested in this subject.

abby tiscareno - the purpose of all the insurances is to protect the purchaser.

It is a good idea to have a safety net as in case with any other insurance. 

Yes, Debbie Reynolds has your answer!

I think Debbie Reynolds  answer is spot on

abby tiscareno Many good answers posted already.

abby tiscareno Title insurance benefits the lender and can benefit the buyer if they purchase it.

It depends on whose viewpoint we are looking at.

It pays for itself 100 times if ever needed

Abby,

Debbie Reynolds gave you a very fine answer.  A

The protection is provides.

Protection

It protects the buyer from someone claiming ownership of the property he/she purchases.

It's the only insurance you can buy that protects you for something that has already happened in the past.   

Having it.  

It pays for any unforeseen issues that the Buyer was not aware of at time of purchase.  It happened to me, and I called the Title Insurance company, submitted a claim, and they covered it.

those who examine titles make errors....title insurance is your saving grace...

It insures the buyer will be compensated is there is a claim against the property.

The protection it offers.

You have many great answers here already.

Always buy title insurance. There is a myriad of problems that can pop up, and title insurance covers many of them.

The protection it affords the owner both back and forward in time, not just while they own it protects them regardless of future sales and new owners

It is there when you need it! A small price to pay!

Kind of an essential!

Without it we all be bombarded with lawsuits on a daily basis.

Not sure if there is a best thing - but required.

one is covered

Others have answered.

That when you buy a home and the escrow officer was a ditz and didn't pay the outstanding property taxes, that the title company resolves it for you.