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Title Insurance Claims
A title insurance claim is when a policyholder is compensated for losses caused by the title defect. Before the title is issued, a title examination is conducted to provide information related to any defaults. From there the policy is issued with the “exceptions of coverage” and what other coverage is included. Under title insurance there are many options for the policyholder to reach a resolution. Once a claim has been issued against the policy, provisions are then triggered. The bad faith statutes make this resolution at times difficult which is why it is important to work with a lawyer who specializes in this law if any issues arise. Robert J. Stanz, Esquire has been assisting title insurance companies resolve these claims for almost two decades.