The average U.S. home equity is $300K: How to protect your biggest investment

(BPT) - Your home is likely the biggest purchase you’ll make in your lifetime, and your most important investment. Current home prices remain strong, and this helps boost the average amount of equity per U.S. homeowner. CoreLogic’s Q4 Homeowner Equity Insights show the majority of homeowners have seen their equity increase by a total of $1 trillion since late 2021. Home equity is the primary driver of household wealth — but also one asset most people forget to provide complete protection for. Are you protecting your most important investment?

You probably already protect important belongings such as your vehicle with auto insurance, and have homeowner’s insurance for your property. However, there’s one crucial area homeowners overlook that could be the difference between calling your home an investment or a source of severe financial loss: your home’s title.

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