: Title insurance has a remarkably low loss ratio, with only 3–5% of premiums typically funding actual claims, compared to 70–90% for auto or health insurance. High agent commissions (up to 70-85%) drive up the price.

: Although claims are rare (less than 1%), they are devastating when they occur. Dealing with fraud can cost upwards of $140,000 , and other title claims average $26,000 . Why You Should Consider Buying It

Reviewing owner's title insurance reveals a sharp divide between its high relative cost and the essential security it provides for your most valuable asset. While many experts and homeowners call it a "borderline scam" due to its low claim payout rates, most ultimately recommend buying it to avoid catastrophic legal risks. The Core Conflict: Risk vs. Cost