Enhanced Policy Information
Discover the benefits of choosing our Enhanced Policy for your real estate transactions.
Tradition Title Services LLC
Introduction
At Tradition Title Services LLC, in addition to a Standard Title Policy, we also offer an Enhanced Policy which provides broader coverage and greater peace of mind for our clients. An Enhanced Policy is available to owner occupied one-to-four family residences, including a condominium. The cost for an Enhanced Policy is an additional 20% more than a Standard Policy.
Why Choose an Enhanced Policy?
An Enhanced Policy goes beyond the basics, offering additional protections against potential risks that might not be covered under a standard policy. This comprehensive coverage is designed to safeguard your investment in the long term.
Key Features of Our Enhanced Policy
Expanded Coverage:
Covers a wider range of risks, including certain types of fraud, post-policy forgery, and encroachment issues.
inflation coverage
One of the more important benefits of an Enhanced Owner’s Policy is inflation coverage. The amount of insurance automatically increases an additional 10% per year for the first 5 years for a maximum of 150% of the face amount of your policy.
Zoning Law Protections
Coverage for loss if you must remove or alter the residence, or other structures on your land, because they violate municipal zoning laws or regulations.
Encroachment Protections
Coverage for loss if you are forced to remove existing structures (house, garage, shed, etc.) because they encroach onto your neighbor’s land or they encroach into an easement or violate a setback line.
Get Started with Enhanced Protection
Contact Us Today
To learn more about our Enhanced Policy and how it can benefit your real estate investment, contact Tradition Title Services LLC. Our team is ready to provide you with detailed information and guide you through the process of securing enhanced title insurance.
Coverage under an Enhanced Policy continues to be subject to the title policy’s conditions, exclusions, and exceptions.
Discover the benefits of choosing our Enhanced Policy for your real estate transactions.