re: In Landmark decision, Jury Finds Realtors Conspired to inflate Commissions|$1.8 B verdict

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Keep on defending an industry that makes people purchase their own malpractice insurance

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You keep saying this, which confirms for me that you have no idea what title insurance covers.

It's more than that. What if your seller is a scam artist that tried to sell the property to more than one person? The title company/attorney may have no way of knowing the seller had some shady notary execute a deed a few minutes before he came to the closing where you're buying. These scams happen every day in this country.

Hell, go google how much of an issue Orleans is having with fraud on vacant lots. If someone steals your identity and tries to sell your lot, and you don't have title insurance, well... good luck. Again, this would have nothing to do with any "errors" by the attorney from your purchase.

Sometimes there's a kooky neighbor that tries to build his shed on the boundary line and forces you to take him to court to stop him.


Additionally, do you not think literally every industry in the world that carries malpractice insurance doesn't bake the cost of it into their prices in some form or fashion?