Notice of Availability of Owner’s Title Insurance
(as required by Virginia Code §38.2-4616)

Title Insurance for the Future
There are few things more important than protecting your home. Owner’s Title Insurance has been offered for more than 150 years, because even the best title search and examination cannot protect your equity and home from matters not appearing in the public record. The standard policy covers you for defects and liens in the history of your title through the date and time your Deed is recorded in the public records. The ALTA Homeowner’s Policy of Title Insurance provides coverage for many additional risks, including some which might occur after the deed is recorded. Below is a coverage comparison that will help you decide which policy is the best for you to protect your ownership in you home.

CoveragesStandard PolicyEnhanced Policy
Mechanics Lien CoverageYesYes
Third Party claims an interest in the titleYesYes
Improperly executed documentsYesYes
Pre-Policy ForgeryYesYes
Non-recorded restrictive covenantsYesYes
Defective recording of documentsYesYes
Prior recorded liens not disclosed in the policyYesYes
Unmarketablity of the titleYesYes
Policy insures anyone who inherits the property from youYesYes
Policy insures the Trustee of your estate-planning trustNoYes
Policy insures the beneficiaries of your trust upon your deathNoYes
Automatic increase in coverage up to 150% (not based on inflation)NoYes
Post Policy ForgeryNoYes
Post Policy encroachment onto insured landNoYes
Legal right to ACTUAL vehicular and pedestrian accessNoYes
Coverage for certain losses due to Building Permit violations (subject to a deductible and liability limits)NoYes
Coverage for certain losses due to zoning law violations (subject to a deductible and liability limits)NoYes
Coverage for certain losses due to existing violation of subdivision law (subject to a deductible and liability limits)NoYes
Post policy structural damage from third party easement for mineral extractionNoYes
Forced removal of existing structures that:
Encroach onto an easement identified in the PolicyNoYes
Violate a building restriction line identified in the PolicyNoYes
Encroach onto neighbor’s land (subject to a deductible and liability limits if boundary wall or fence)NoYes
Land cannot be used for single family dwelling under zoning ordinanceNoYes

*For Comparison Purposes Only.  Both policies contain insuring provisions, conditions, stipulations, exclusions & exceptions as set out by the individual underwriter and the American Land Title Association.