> I will note that just because title insurance guarantees they will defend against ownership claims, they don't guarantee it will be settled in a particular way.

Of course, insurance doesn't guarantee you won't have a covered loss. Insurance compensates you if you have a covered loss.

When I've purchased real estate with title insurance, the offer from the title company has been pretty specific about what risks are covered, what risks are specifically not covered, and what the dollar limits are for covered losses. There's a lot of paperwork involved in purchasing real estate, but the title report and the title insurance offer are worth taking the time to read.