 Typically, if you're getting a mortgage, the mortgage company is going to make you buy one for them, and you can buy a simultaneous issue for just a few dollars. But you need to find out what that's going to be in your situation. I assume you'll be getting a mortgage. More than likely, yes. Okay. Title insurance ensures that the title is clear, that there are no clouds on the title. Never buy a piece of real estate without title insurance.