§14.14 - Types of Policies

• Jurisdiction: Washington

§14.14 TYPES OF POLICIES

Coverages under an owner's title insurance policy last for as long as the insured or the insured's heirs and devisees (or successors by operation of law, in the case of other insureds, such as corporations) have an interest in the property or liability under warranties of title. Coverages under a loan policy are afforded for as long as the mortgagee/insured, or the mortgagee's successors or assigns, has an interest in the property. The 2006 ALTA owner's...