Why Title Insurance?
Title insurance protects you from hidden risks not revealed by a search of the public records.
Walker Title, LLC offers an Enhanced Title Insurance Policy, which offers an even greater coverage than the standard ALTA policy. The chart below compares the policy we offer side by side with the standard ALTA policy:
Policy Comparisons**
| Coverage | STANDARD ALTA Owners Policy | ENHANCED ALTA Homeowners Policy |
|---|---|---|
| 1. Someone else owns an interest in your title | ✔ | ✔ |
| 2. A document is not properly signed | ✔ | ✔ |
| 3. Forgery, fraud, duress | ✔ | ✔ |
| 4. Defective recording of any document | ✔ | ✔ |
| 5. There is a lien on your title because of: a) a deed of trust (also known as a mortgage) b) a judgment, tax, or special assessment c) a charge by the homeowners association | ✔ | ✔ |
| 6. Title is unmarketable | ✔ | ✔ |
| 7. Mechanic’s lien protection | ✘ | ✔ |
| 8. Automatic Survey Coverage | ✘ | ✔ |
| 9. Forced removal of a structure because it: a) extends onto other land or onto an easement b) violates a restriction in Schedule B c) violates an existing zoning law* | ✘ | ✔ |
| 10. Can’t use land for residence because the use violates a restriction in Schedule B or a zoning ordinance | ✘ | ✔ |
| 11. Pays rent for substitute land or facilities | ✘ | ✔ |
| 12. Unrecorded lien by a homeowner’s association | ✘ | ✔ |
| 13. Unrecorded easements | ✘ | ✔ |
| 14. Rights of third parties under unrecorded leases | ✘ | ✔ |
| 15. Building permit violations* | ✘ | ✔ |
| 16. Compliance with Subdivision Map Act* | ✘ | ✔ |
| 17. Restrictive covenant violations | ✘ | ✔ |
| 18. Post Policy forgery | ✘ | ✔ |
| 19. Post Policy encroachment | ✘ | ✔ |
| 20. Post Policy damage from minerals or water extraction | ✘ | ✔ |
| 21. Post Policy living trust coverage | ✘ | ✔ |
| 22. Enhanced access-both vehicular & pedestrian | ✘ | ✔ |
| 23. Post Policy automatic increase in value up to 150% | ✘ | ✔ |
| 24. Post Policy adverse possession | ✘ | ✔ |
| 25. Post Policy cloud on title | ✘ | ✔ |
| 26. Post Policy prescriptive easement | ✘ | ✔ |
| 27. Covenant violation resulting in reversion | ✘ | ✔ |
| 28. Boundary walls and fence encroachment* | ✘ | ✔ |
| 29. Enhanced marketability | ✘ | ✔ |
| 30. Violations of building setbacks | ✘ | ✔ |
| 31. Discriminatory covenants | ✘ | ✔ |
| 32. Insurance coverage forever | ✘ | ✔ |
* Subject to a deductible and a maximum indemnity liability, which may be less than the policy amount.
** Please refer to the actual policies for exact insuring provisions, conditions, exclusions, and exceptions.
