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1. There are three basic kinds in Charlotte NC:
2. First, title insurance which protects against claims of ownership
3. Second, home owners insurance which covers the dwelling
4. Perhaps soon to be defunct, mortgage insurance which protects the lender
5. Condo insurance which covers from interior paint in and your stuff
6. May get better rate if coupled with autos
7. May be paid out of escrow or in some cases one lump sum by owner
8. May be purchased by mortgage company if you let yours lapse
9.
Need to be reviewed periodically to insure proper coverage
10. Title Insurance Policy is not recorded
11. Liability insurance, rule of thumb, twice your assets
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