We opted out of ours because we know that the original owners built the house. Their sons are selling it, so the title is clean. Saved us $1600
You are aware that title insurance is there to protect you from what you don't know about the property?
Bastard children popping up claiming they're heirs.
Invalid prior deeds due to duress, incompetence, fraud etc.
Unrecorded easements, contracts, taxes etc
Strange and unlikely as these may be you would spend much more than $1600 defending against a suit even if the claim was eventually ruled in your favor. Will you ever need to use your title policy? Probably not. You probably won't ever need your fire policy either.
And by the way attorneys can only see what is recorded. So even if you appear to have a clean title you may not.
This post was edited on 5/1 at 12:43 am