If you're about to be a home buyer there's something you should know about title insurance. Here's a tip that can save you money and trouble down the road.

Title insurance is required by the lender as protection in the event legal claims of ownership arise over the property. Because of this, the lender's title insurance will NOT protect you. It will protect the lender. If you want to protect yourself from claims on your new home, you will need an owner's policy. When a claim does occur, it can be financially devastating to an owner who is uninsured. If you buy an owner's policy, it is usually much less expensive if you buy it at the same time and with the same insurer as the lender's policy.

Before choosing a realtor, selecting a mortgage company, buying title insurance, or buying a home, compare different sites to find the one that best fits you and your needs.