Benefits of Title Insurance
When buying or selling land in Nebraska, title insurance is one of the most important safeguards you can have in place, even though it isn’t legally required for every transaction. A thorough title search can uncover many issues, but it cannot guarantee that every potential defect or claim will be found in public records. Title insurance protects you from financial loss if a hidden problem — such as a forged deed, undisclosed heir, unpaid lien, or recording error — arises after closing and challenges your ownership rights. Without this protection, resolving a title dispute could cost you tens of thousands of dollars in legal fees or force you to defend your property rights in court.
In Nebraska, title insurance also offers peace of mind and marketability that can make buying or selling land smoother. Lenders typically require a lender’s title insurance policy to protect their investment, and adding an owner’s policy ensures your financial interest in the property is covered as well. An owner’s policy lasts for as long as you or your heirs own the land, guarding against claims from past events that weren’t discovered before closing. This protection not only reduces risk for you today but also makes the property more attractive to future buyers by demonstrating clear, insured ownership.
