Ask DrewDevil your legal questions

[Slow Play Ray]

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Is owner's title insurance really worth the cost?

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Yes, absolutely. Also, it is standard for the seller to pay the premium, which makes it free to you, the buyer!

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sure wish i knew that a month ago.

i really wonder what the actual incidence rate is. do you have any idea? i read that they have the highest margins in the insurance industry (about 80%!), which makes me question it. seems like a good gamble to not spend the extra $1000. i have until tomorrow afternoon to decide.