answersLogoWhite

0

Many times the insurance company may sent out someone who has no clue to codes thus they make a mistake and pay the claim

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Does homeowners insurance cover the lenders title insurance?

No it does not. Lenders Title insurance is a whole other form of coverage


Does title insurance cover zoning defects?

no


Does my insurance cover a friend driving my car?

yes because if you have insurance on your car as long as you name is on the title and you were in the car with your friend most likely the insurance will cover it


Does title insurance cover errors in property lines?

because u are ugly


Who is real estate title insurance paid to?

There are two general types of policies, or combinations: lender's insurance (which pays the lender to cover its loss in security interest) and owner's insurance (which pays the owner in case of defective title).


Who pays for title insurance in Kentucky-buyer or seller?

In Kentucky, the buyer typically pays for title insurance. However, this can be negotiated between the buyer and seller during the transaction process. It's essential for both parties to clarify and agree on who will cover the title insurance costs as part of the purchase agreement.


Does title insurance pay if the Deed is recorded incorrectly by title company?

Yes, title insurance can provide protection if a deed is recorded incorrectly by the title company. If a claim arises due to an error in the recording that affects ownership rights, the title insurance policy may cover legal expenses and potential losses. However, coverage specifics can vary based on the policy and the circumstances, so it's essential to review the terms of the title insurance for clarity.


What is a title insurance producer?

Generally speaking, a title insurance producer is the same as a title insurance agent.


Who are the largest Title Insurance companies in the US?

First American Title Insurance Company Fidelity National Financial Stewart Title Insurance Guaranty Old Republic Title Insurance Company North American Title Insurance Company Chicago Title Insurance Company


Does title insurance cover land shortage issues?

Typically an Owners Title Insurance Policy does not cover matters that would be disclosed by an accurate survey, such as land shortage issues. This is referred to as one of the standard or general exceptions in a title policy. In some instances you can negotiate this coverage which is called extended coverage if you are willing to sign an extended coverage affidavit.


Will title insurance pay you back if something goes wrong?

A title insurance policy will cover you against any missed liens or potential uncleared issues that may arise. Title companies also carry e&o policies in case of human error...so rest assure if you are dealing with a reputable company that offers title insurance from one of you major underwriters you will be covered


What can be done when the title search on property was incorrect and did not detect lien?

Contact the attorney who represented you when you purchased the property to make a claim on your title insurance policy. If you don't have an owner's policy see if the attorney has errors and omissions insurance that will cover the error.