The title insurance protects our assets, providing legal advice at all times and taking charge of the payment of attorneys' fees and court expenses if necessary. When purchasing property title insurance, the insurance company will proceed to make a thorough search in the public records of the property, this way it will be known if the property is intestate or has another type of legal complication such as mortgages, lawsuits and outstanding debt, false writings, trusts, incorrect notarial acknowledgments, to name a few.