When To Review Your Commercial Title Insurance Policy 

08/19/2026 10:47 AM       Mark Goodman

We all hope that we never have to cash in on an insurance policy, but if that day ever comes, we want to make sure that we have the right coverage for the situation. If you purchased your commercial property years ago and haven’t paid any attention to your title insurance coverage since, you may be leaving yourself exposed to risk. In today’s blog, we take a closer look at when it’s wise to take a closer look at your commercial title insurance policy. 

Here’s a look at some situations where you may want to take a closer look at the title policy you’ve purchased to see if it still matches your need. 

1. Property Value Increases - If the value of your property has increased 10% from last year, it may be worth reevaluating your title insurance policy. You may need to purchase additional coverage in order to ensure you are fully protected from title issues.  

2. Significant Redevelopments - If you have a major addition to the property, combine parcels or construct a new building, you may want to review your current owner’s title insurance policy. Your title agent may recommend adding specific endorsements or coverage options based on the new construction. 

3. Another Commercial Purchase - If you add to your commercial portfolio, you’re going to need to secure another commercial title insurance policy. Your current coverage will not extend to new properties that you acquire. 

4. Ownership Transfers - If you transfer the property in certain ways, you’ll want to consult with your title insurance agent to make sure you are still covered appropriately. Examples include transferring the property: into or out of an LCC, into a trust, to a partnership, or as part of estate planning. 

Even if the above items don’t apply to you, if you want to confirm that you have the right coverage for your commercial properties, pick up the phone and connect with the team at Commercial Partners today at (612) 337-2470.