# Title insurance

> Insurance that protects against old claims on the ownership of the home, like an unpaid debt against it or an error in its history. You pay once, at closing.

By David Knorr, founder of BuyWise Home. Last reviewed October 28, 2026. Web page: https://www.buywisehome.com/guide/glossary/title-insurance

## Why it matters to you

Your lender requires a policy that protects the lender. An owner's policy, which protects you, is usually optional: ask your closing attorney what it costs and what it covers. See the ownership records checked on [a real home](https://www.buywisehome.com/sample#property-records).

## Related

- [Step 8: Close and move in](https://www.buywisehome.com/guide/close-and-move-in)
- [Closing costs](https://www.buywisehome.com/guide/glossary/closing-costs): Fees paid at closing on top of the down payment, often 2%–5% of the price.
- [Closing Disclosure](https://www.buywisehome.com/guide/glossary/closing-disclosure): The final terms and costs of your loan, sent three business days before closing.

_General information based on the standard Georgia REALTORS® purchase contract and public guidance. Your own contract decides: read it, and ask your agent or closing attorney about anything that matters. Not legal or financial advice._