Crossland Title Tennessee

Value of Title Insurance, Knoxville Title Company

Value of Title Insurance

The title industry is an important part of every American’s life. The work we do benefits not only each individual policyholder but the nation as a whole. And yet, most people are unfamiliar with what title insurance is. Also, what it does for them and the benefits of having a healthy title industry. So we’d like to offer a quick glimpse into what we do for our customers day in and day out. This is what we do at Stewart and the benefits all Americans receive from the work done by the title industry.

We protect policyholders from the unknown.

More than likely, your home is your biggest investment. We protect your interest in that investment. Title insurance protects real estate owners and lenders. It protects any loss or damage they experience because of liens, or encumbrances. Lastly, defects in the title to the property. Each title insurance policy is subject to specific terms, conditions, and exclusions. Other types of insurance provide coverage focus on possible future events. Insurance such as flood, auto or homeowners. Title insurance protects against loss from hazards. Also, defects in the title to a property.  You can view a list of many of the protections provided by title insurance here.
Over half of all real estate transactions have a problem somewhere in the chain of title. We find these issues and assist in taking corrective action. This enables the transactions to go through. It also allows our customers to have peace of mind about their new home purchase.

Title insurance provides valuable protection at a good value.

A difference between insurances and title insurance is how the policies get paid. Pay it with a one-time premium and provide coverage for as long as the policyholder owns the property. This is unlike the annual or monthly premiums you must pay for other insurance types.
Examine the cost of title insurance over the life of the policy versus other types of insurance. You’ll find that policyholders receive a great value for the money they spend.
Let’s say a homeowner were to pay the national average cost of a title insurance policy. They also live in their home for just five years. The annual average cost of the title insurance policy would be less than $200 a year.
By comparison, the national average cost of a homeowner’s insurance policy is over $700 per year.

The title industry provides benefits to the entire country, not just our policyholders.

We provide security and peace of mind to our customers. The title industry helps to improve the transaction process. It helps in ways that benefit all the transaction parties and the country as a whole.
  • We save consumers $10 billion annually in interest costs through timely closings. Putting those dollars to work in the hands of the American homeowner
  • By expediting the closing process, we save consumers and the real estate industry $1 billion a day
  • We provide educational materials concerning the real estate process that empower consumers. It also helps improve their transaction experience
  • We help collect $1.75 billion in delinquent federal taxes annually. This lessens the tax burden for everyone
  • We help collect $325 million in past due to child support annually. This enables children to be properly cared for
We’d like to help you learn more about title insurance, the industry, and the real estate process. Please browse through the links on this page to find helpful information on our website. There is also several downloads you can read at your leisure. If you have any questions you can’t find the answers to here, contact Crossland Title.


Crossland Title Agency in Knoxville TN

Customer Service… The key to our success.

10207 Technology Drive Suite 103 Knoxville, TN 37932


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