Title insurance is an important tool that helps to protect the ownership of a property and mitigate the risk of loss or damage resulting from issues with the title. There are two main types of title insurance policies: standard title insurance and enhanced title insurance. Here are some key differences between these two.

Coverage: Standard title insurance is the more basic of the two types of title insurance and provides coverage for a defined set of issues with the title, such as errors in the public records, undisclosed liens, or defects in the title. Enhanced title insurance, on the other hand, provides broader coverage and includes additional protections against a wider range of issues with the title. This can include coverage for things like zoning or building code violations, environmental hazards, or disputes over property lines.

Cost: Enhanced title insurance is typically more expensive than standard title insurance, as it provides broader coverage and includes additional protections. The cost of enhanced title insurance can vary depending on the specific coverage options chosen and the property being insured.

Flexibility: Enhanced title insurance is often more flexible than standard title insurance, as it can be customized to meet the specific needs of the policyholder. This allows policyholders to choose the coverage options that are most important to them and tailor the policy to their specific needs and concerns.