Escrow & Title
The ALTA (American Land Title Association) Extended Coverage Title Insurance Policy provides greater protection than a standard policy because it also covers:
AFuture improvements to the property
BMatters that a current survey and inspection would reveal, such as encroachments and unrecorded easements✓ Correct
CThe full replacement value of the improvements
DEarthquake and flood damage
Explanation
An ALTA Extended Coverage Policy includes protection against certain off-record risks that a standard policy excludes—such as encroachments, easements not shown in the public record, and other matters a survey and physical inspection would reveal.
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