In Illinois, title insurance differs from other types of insurance primarily because:

Explanation

Title insurance is unique because it protects against past events—defects, liens, or encumbrances that existed in the chain of title before the policy was issued. Most other insurance (homeowner's, auto, health) covers future events or losses. Title insurance involves a one-time premium paid at closing, and the policy remains in effect for as long as the insured (owner or lender) has an interest in the property.