What is the primary purpose of plain language title insurance?

The primary purpose of plain language title insurance is to protect the buyer from claims against their property. This type of insurance serves as a safeguard that ensures the ownership rights of a property are legitimate and that there are no undisclosed liens, encumbrances, or disputes regarding the property's title. If a claim arises post-purchase, title insurance helps cover legal expenses and potential losses, providing peace of mind to the buyer.

While other options such as providing feedback on loan applications or facilitating loan approvals might be related to the mortgage process, they do not align with the core function of title insurance. Additionally, reducing interest rates for homeowners is unrelated to the protection provided by title insurance, which focuses solely on the integrity of the property's title and ownership rights, not on financial aspects like interest rates.