From:

Date:

To:

Re:

You may obtain an extended coverage Owner’s Policy of title insurance which would provide greater title insurance coverage to you than a standard coverage policy. The additional cost to you for an extended coverage Owner’s Policy of title insurance in the amount of $_______________ is $_________________ if you request it at this time.

A standard coverage owner's policy insures against someone else owning an interest in your property, any defect in or lien or encumbrance on your title, unmarketability of your title, and a lack of a right of access to and from the land. Coverage is limited by the Exclusions, Conditions and Stipulations, and Exceptions shown in the policy.

An extended coverage owner's policy is only available at purchase for owner-occupied single family dwellings. Additional coverage includes an automatic increase of coverage of 10% each year up to 150% of the original amount, violations of land use regulations (subject to a deductible and maximum), matters arising after the date of policy, actual vehicular and pedestrian access, violations of covenants and restrictions, and damage to existing improvements due to the exercise of mineral or water rights.

____ I do request an extended coverage Owner’s Policy of Title Insurance.

____ I do not request an extended coverage Owner’s Policy of Title Insurance.