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Many factors play a role in the process of purchasing a home – none understood less than title insurance. Put simply, title insurance protects your investment from title issues that may arise after buying or refinancing a home, such as lost, forged or incorrectly filed deeds or liens on a property, according to the National Association of Insurance Commissioners (NAIC).
To gain a clearer understanding of title insurance, take a look at the facts recently shared by the NAIC:
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