Title Insurance is a form of indemnity insurance that protects real estate owners and lenders against loss due to defects in a title to a property. This includes issues such as unknown liens, forgery, fraud, or other claims that may arise and affect the rightful ownership of the property. Unlike other types of insurance that provide coverage for future events, title insurance offers coverage for past occurrences affecting ownership. It serves as a safeguard ensuring that the property title is clear before transactions and protects against any claims against the title that may surface afterward.