Can I Purchase Additional Title Insurance If Needed?

06/01/2026 10:10 AM Mark Goodman

Insurance is designed to provide you with a safety net in the event of the unexpected. Unlike a homeowner’s insurance policy or an automobile policy that changes annually, a title insurance policy ensures you have coverage against unexpected title claims for as long as you own the property, and you only have to pay once in order to secure this coverage. Instead of annual adjustments and regular premium payments, you secure lump sum coverage with one initial payment.

Many people prefer this system, as a one-time payment can provide them with decades of coverage. The only real drawback is that your coverage amount remains the same, which could be a problem in the event that property values do what they seemingly always do and increase in value. If the value of your commercial property doubles, but you are only covered for about half of that amount with your original title insurance policy, you could be leaving yourself exposed to financial trouble in the event that a valid title concern is discovered. So that begs the question, are you allowed to buy additional coverage after securing an original title policy?

Supplemental Title Insurance Coverage

If you’ve developed your commercial property into a successful business or your commercial farmland has grown exponentially in value because of the market, you may no longer have enough coverage in place to protect your interests in the event of a title claim on your property. If this is the case, you can reach out to your title insurance company to see if additional coverage is a wise investment.

Spending money on an insurance policy you hope you’ll never need isn’t fun, but you can at least take solace knowing that purchasing the supplemental coverage will keep you financially protected and that you only need this coverage because your commercial investment has grown significantly in value. It’s certainly better than having too much coverage because your property value declined significantly!

If you believe your old title policy is no longer providing you with enough coverage in the event of an unexpected title claim, connect with the team at Commercial Partners. We’ll review your property and help find the right type of coverage for you without breaking the bank. For more information about title insurance coverage or supplemental protection, connect with our team today at (612) 337-2470.