What are endorsements in a title insurance policy?

Endorsements in a title insurance policy serve as additional coverage or modifications to the standard policy. They are used to tailor the insurance policy to meet specific needs or circumstances that may not be fully addressed by the base policy. For example, an endorsement may provide coverage for particular risks associated with the property, such as zoning issues, or it may cover certain liens that could affect title. By using endorsements, the policyholder can have a more comprehensive protection strategy tailored to their unique situation, thus enhancing the overall value of their title insurance.

Including endorsements allows for flexibility in addressing specific concerns or unique situations, ensuring that the policyholder is adequately protected against potential title defects or claims that may not be covered under the standard provisions of the policy. This is particularly important in real estate transactions, where the circumstances surrounding each property can vary significantly.