With a General Warranty Deed the grantor can pass on to the grantee only such title as he or she holds. It is true that if title fails, the purchaser may have, under some circumstances, a cause of action against the grantor, but the chance of recovery is dependent entirely upon the financial ability of the grantor to pay at the time that judgment is acquired--often after a long and expensive court action. Title insurance is a corporate guarantee of a company operating under the rules and regulations of the insurance commission or other state agency. The security afforded by any policy is controlled by the integrity and financial structure of the company issuing the policy.