Title Insurance in Dover, DE

The Benefits of Title Insurance in Dover, DE

When it comes to real estate transactions, the importance of title insurance cannot be overstated. The Malmberg Firm LLC, based in Dover, DE, is committed to providing you with the confidence that comes with Old Republic titles.

Title insurance is not a mere option but a vital component that benefits homeowners and lenders alike. It's a one-time purchase that offers protection against potential title defects. With The Malmberg Firm, you can rest assured that your real estate transactions are in capable hands. Reach out to us for more information.

Old Republic Title

Our firm is exclusive to Old Republic Title. We have been working with them for a number of years with the trust and confidence they deliver thorough searches consistently.

What is Title Insurance?

Title insurance is a necessary one-time expense to protect yourself from a potential defect in your title to your property. You want to protect your new investment and keep what’s yours – yours! Even though our searchers are diligent in making sure they comb through the chain and history of your pending home title, in the event a defect arises, title insurance could cover you from fraud, recording errors, unpaid taxes or liens, and more. Sometimes, defects can occur years after the purchase of your home. This policy will cover you for the lifetime you or your children own the property.

What is the Cost?

Below is a link to cost estimate calculator. This will give you a general idea of how much to expect you’ll pay for title insurance.

Click the link to calculate your cost with our rate calculator.

Who Else is Protected?

When you choose to take out a loan for your new home purchase, your lender is also protected. This protects your lender from the same potential disaster that could arise from defects in your property’s title.

Beware of Fraud

There has been a rising number of concerns with property fraud. Occasionally, you will get a solicitation from a company trying to sell you “extra” insurance. There is no need to go beyond the title insurance you pay for at closing with Old Republic Title. There are, however, other ways to protect your investment:

• Secure your personal information and prevent identity theft as much as possible
• Always shred personal documents
• Use secure passwords
• Report suspicious activity immediately to the appropriate authorities/companies
• Do your research with unsolicited offers
• Review legal documents carefully related to your property
• Stay up to date on trending fraudulent activities you see in the news

Things to Know If You File a Claim

Please know that it generally takes 10 days for Old Republic Title to acknowledge they’ve received your claim.

Old Republic Title will begin to investigate your claim and will need a variety of documentation to support it.

Some of the documentation Old Republic Title will need are:

• A detailed reason/problem as to why you are filing a claim
• Your policy with policy number
• Closing documents you received at your settlement
• Your contact information – the best way for Old Republic Title to reach out to you

Contact Us

Ready to secure your real estate transactions with title insurance in Dover, DE? The Malmberg Firm is here to help. Call (302) 672-5600 today to get started.