Heights Title - Full Service Title AgencyHeights Title - Full Service Title AgencyHeights Title - Full Service Title AgencyHeights Title - Full Service Title Agency
  • Home
  • Why Us
    • Our Team
    • Testimonials
  • Client Services
  • New Order
  • FAQ
  • Areas
    • Bonita Springs Title Company
    • Estero Title Company
    • Cape Coral Title Company
    • Fort Myers Title Company
    • Marco Island Title Company
    • Naples Title Company
  • News
  • Contact Us
   
Call Heights Title Agency
Naples Office

239-596-5148

Call Heights Title Agency
Estero Office

239-676-7523

✕

How Long Does Title Insurance Last?

  • Home
  • News
  • Title Insurance
  • How Long Does Title Insurance Last?
Standard and Enhanced Title Insurance
Standard vs. Enhanced Title Insurance
July 5, 2023
property liens
Title Insurance: Does Title Insurance Protect Against Liens?
August 19, 2023

When you purchase property, it’s crucial to make sure you have a clear and marketable title, meaning there are no outstanding claims or legal disputes that could affect your ownership rights. Title insurance protects homeowners and lenders against financial repercussions resulting from previously undisclosed claims or problems that are discovered after the property has been purchased. It’s very important to understand how title insurance works — including how long it lasts.

There are two kinds of title insurance: owner’s title insurance and lender’s title insurance.

  • Owner’s title insurance protects the homeowner’s interests in the property title.
  • Lender’s title insurance protects the lender’s interests in the property’s mortgage. Lender’s insurance is a prerequisite for most mortgage loans.

The length of time your title insurance lasts depends on which type of policy you have.

Owner’s Title Insurance

Owner’s title insurance lasts for as long as you own the property, unless you choose to terminate the policy sooner.

Owner’s title insurance is unlike many other types of insurance (such as car insurance) that require you to make monthly payments. Instead, you will pay a one-time premium for your title insurance at the time you close on your home. After you’ve paid this one-time premium, your owner’s title insurance takes effect for the entire duration of your ownership.

Lender’s Title Insurance

Lender’s title insurance works a bit differently than owner’s title insurance. Your lender’s policy will last only as long as your mortgage loan remains outstanding. Once you’ve finished paying off your mortgage, your lender’s insurance coverage will end (since your lender’s interest in your property will have ended as well).

If you elect to sell your property before you have made your final mortgage payment, you will need to pay off the loan in full at the time of the sale, and the lender’s policy will terminate.

What if You Refinance Your Mortgage?

If you decide to refinance your mortgage loan, your lender’s title insurance policy will terminate and you will need to replace it with a new lender’s policy to cover the new loan.

On the other hand, your owner’s title insurance policy remains in effect even if you refinance your mortgage.

Title Insurance in Florida

Title insurance provides invaluable peace of mind by safeguarding your property ownership rights against potential disputes. Whether you have an owner’s policy, a lender’s policy, or both, it’s very important to remain informed about the details and duration of your coverage.

Working with a reliable and experienced title insurance provider is the best way to guarantee a hassle-free experience. Florida homeowners can protect their investments by choosing Heights Title Services for all Florida title insurance needs. Get in touch with our team and find out why Heights Title is one of the most trusted names in Florida for high-quality, low-cost title insurance.

Share
0

Related posts

February 6, 2024

Understanding Title Insurance: What Homebuyers Need to Know


Read more
Standard and Enhanced Title Insurance
July 5, 2023

Standard vs. Enhanced Title Insurance


Read more
Florida Title Insurance
March 26, 2023

Who Pays for Title Insurance in Florida?


Read more

Contact Us

Call or email us to schedule an appointment in
one of our convenient locations.

Our offices are open from 9:00am to 5:00pm.

We also offer extended hours to accommodate
your busy schedule.

Service Areas

Naples | Marco Island | Bonita Springs | Estero |
Fort Myers | Cape Coral

We also offer statewide title insurance!

Naples Office

Heights Title Services, LLC
7955 Airport Pulling Road N Suite 202
Naples FL 34109

Phone: 239-596-5148
Fax: 239-596-5149
Email: David@heightstitle.com

Follow Us On:

Estero Office

Heights Title Services, LLC
21105 Design Parc Lane, #101
Estero, FL 33928, US

Phone: 239-676-7523
Fax: 239-465-4529
Email: Gene@heightstitle.com

Google Reviews

Heights Title Google Reviews

Popular Articles

  • Fort Myers Title Insurance Company: Why Title Insurance is Essential for Homebuyers — And Why Heights Title is Your Trusted Choice
    May 19, 2025
  • Why Choosing a Cape Coral Title Company Like Heights Title is Essential for a Smooth Closing
    May 17, 2025
  • Fort Myers Title Company Comparison: Why Heights Title is a Top Choice
    March 26, 2025
  • What is a Florida Title Search? Heights Title’s Step-by-Step Guide
    March 1, 2025
© Copyright Heights Title Services LLC, 2025. All rights reserved. | Accessibility Statement | Designed & Developed by M&M Multimedia.