If you are like me you probably have never heard of Title Insurance but you may need it. Human error accures more often than not an Titles sometimes get lost in the process. Think about losing your home to someone who has a legal claim on it that was looked over in the title search process.
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Title Insurance Policies
From Elizabeth Weintraub,
Because humans are involved in recording deed transfers and plotting land parcels, a lot can go wrong. You want title insurance because it will protect you against defects and human error.
The books are heavy to lift and dusty.
County records are often maintained at local courthouses or the Clerk of Registrars.
Today, most records are stored on the computer
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Title Search Basics and Insurance
http://homebuying.about.com/od/homes...eInsurance.htm
This payment is done once and the title insurance last for ever. It can be split between the buyer and seller. I think that it is the best insurance coverage you can buy.