Includes insurance against loss through damage or legal liability for damage, to property caused by the use of teams or vehicles other than ships, boats, or railroad rolling stock, whether by accident or collision or by explosion of engine, tank, boiler, pipe, or tire of the vehicle, and insurance against the theft of the whole or part of such vehicle (California Insurance Code, Section 115).

Coverage for losses if a land title is not free and clear of defects that were unknown when the title insurance was written.
Title insurance provides coverage for losses that occur when a land title is not free and clear of defects (e.g. claims and defects that were unknown when the title insurance was written). Two types of title insurance policies are common, a lender’s policy and an owner’s policy.

The fee paid for the portion of the title insurance policy that protects the buyer of the home for a purchase. Not applicable in case of refinance.

The fee paid for the portion of the title insurance policy that protects the lender for purchase.