Real estate is an important and often expensive investment, and title insurance is an important way to protect your investment. Title insurance is a type of indemnity insurance that will cover the financial loss if any defects in the title to real property are discovered after you purchase the property. Many people assume that a thorough title search is good enough if it establishes that there are no defects on the title – and in many cases this is true. But the United States has notoriously complicated and convoluted land records, which are more difficult to follow in some parts of the country than others, and title defects may be missed. You can protect yourself from problems with title searches by purchasing title insurance. Title insurance is a one-time expenditure that will cover you for as long as you own the property. It is often inexpensive,especially when compared with the coverage it provides, and it is therefore an important policy for most property owners to obtain.