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Insurance & Risk Management
21. Chapter 24: Other Property and Liability Insurance Coverages/Title Insurance
21. Chapter 24: Other Property and Liability Insurance Coverages Illustration
Syllabus Slides

Title Insurance

01.Core Concepts

Consumer advocates argue that the title insurance market has several major defects, including: Homeowners do not shop around for title insurance Home buyers are over-charged for title insurance The title insurance market is flawed as title insurers spend money to induce real estate agents and lenders to steer purchasers to specific title agents Although illegal, kickbacks to real estate agents, lenders, and builders are widespread