Couple points
Out of 40,000 plus homes already built here in TV, has anyone heard of or know if a title claim has been made?? I dont think there have been any that I am aware of. This would be typical of title insurance claims for most of america.....the claim rate is "extremely" low and given the the developer of TV appears to be on top of things..I think that would continue to be true even moreso here. For my designer in 2006, an owners policy would have cost Approx $1300..one time cost.
The bank if you have a mortgage will only require you to get title insurance for the amount of the mortgage, so if you are inclined to get this type of insurance for you the owner, make certain it would be for the value of the property.
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