What aspect of title insurance might vary from one policy to another?

The aspect that varies from one title insurance policy to another is the exclusions and limitations of coverage. Each title insurance policy may have different terms regarding what is covered, as well as specific exclusions that outline what is not covered under the policy. These can depend on several factors, such as the type of transaction, the specific risks associated with a property, and the underwriter's assessment of those risks.

For instance, one policy might exclude coverage for certain types of claims, such as those arising from disputes over easements or rights of way, while another may provide broader coverage. The specific language used in each policy regarding exclusions and limitations can significantly affect the level of protection afforded to the insured party.

The geographic coverage area, total premium cost, and duration of the contract are important aspects of title insurance; however, they tend to be more standard or determined by market factors or specific underwriting criteria. Unlike exclusions and limitations, which are defined by the risk assessment of individual properties, these aspects are generally established upfront and are not as variable.