Fidelity National Title Insurance has responded to the concerns of lenders, owners, and real estate professionals by developing a new title insurance product known as the "Enhanced" policy. This policy provides the owner with coverages which were not provided for in prior policies. These new coverages include some important new benefits for the real estate owner. In additional to all of the coverages provided by previous policies, some of the major new Advantages to the owner are: 

• The amount of insurance automatically increases by 10 percent per year for the first five years to a maximum of 150 percent of the original policy amount. 

• "Access" coverage has been expanded to insure pedestrian and vehicular traffic. 

• Mechanic's lien coverage is provided for work done prior to the date of the policy unless owner agreed to the work. 

• Zoning coverage is now provided, insuring that the land is properly zoned for residential 1-4 family home or condominium. 

• Subdivision coverage is now provided in the event that land is a portion of an improperly created subdivision. Coverage limited to $10,000. 

• Coverage for up to $25,000 is provided if the owner is forced to remove an existing structure, other than a boundary wall or fence, due to obtain a building permit. 

• Coverage is provided for forgeries affecting title after the date of policy. 

• The Advantage policy applies only to residential 1-4 family structures or residential condominiums.