Title insurance has wrinkles well worth knowing

(Flickr photo by mountainamoeba)

Two of the most important things you need to know about title insurance — and you need to know them — are these:

  1. The percentage of claims is in the single digits;
  2. The cost is high considering the risk, but New York State law bars discounting.

It also is worth knowing that there are two exceptions to the prohibition against discounting: Continue reading

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