Title Insurance Protection Title Insurance insures that the "record" title is good subject only to the  exceptions expressly set out in the policy. lt also insures against certain matters which do not appear of record, such as forgery, identity of parties, incompetence of former owners, interest of missing heirs, and status of individuals not having the "right" to sell property. The standard owners policy and standard mortgage policy are based on public  records of the recording district in which the land is located. It does not insure against matters which would only be disclosed by actual inspection or  survey of the property. It does not insure against certain matters not shown by the public records such as unrecorded easements, liens or money obligations;  unrecorded utility rights of way, public or private roads, community driveways  and other types of encumbrances, or against the rights or claims of persons in possession of the property which are not shown by the public records. Upon application, the issuing company may specially cover matters which are  disclosed by a physical inspection and/or a survey of the property, subject to  any exceptions which the inspection will determine to be  proper. An additional  risk premium is charged for this type of coverage. Insurance of this kind is called extended coverage.

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