What type of insurance provides protection against property ownership issues?

Title insurance provides protection against property ownership issues by safeguarding property owners and lenders against losses related to defects in the title of the property. These defects might include issues such as liens, encumbrances, or ownership disputes that were not discovered during the purchasing process. Title insurance helps ensure that the policyholder has clear and marketable title to the property and can defend against any claims that arise after the purchase.

In contrast, liability insurance typically protects individuals or entities from claims of bodily injury or property damage caused to third parties. Health insurance covers medical expenses for the insured, while property insurance provides coverage for damages to physical property itself, but does not specifically address issues related to ownership and the legal title of the property. This distinction emphasizes why title insurance is the appropriate choice for addressing concerns about property ownership issues.