History Dakota Homestead

R E S I D E N T I A L
Purchase a home, improvements that increase the value of the property, easements or any type of estate transaction are all reasons to purchase title insurance.
A G R I C U L T U R A L
South Dakota farms and ranches are the heart of the states' economy.

Dakota Homestead Title Insurance can insure your substantial investment in South Dakota land from attacks against the title.
C O M M E R C I A L
The purchase of the lease of any type of commercial property needs to have a title insurance policy protecting the title to the property.
S O U T H D A K O T A
South Dakota became a state of the Federal Union on November 2nd 1889.

Dakota Homestead Title Insurance Company works with the county land title offices across South Dakota to verify and insure clear title to land and real property. Protecting our policy owners interests against loss due to title defects, liens or encumbrances.
B U F F A L O
Like the American bison who played an essential role in shaping the ecology of the Great Plains, Dakota Homestead plays an essential role in insuring clear title to South Dakota real property.
S E T T L E R H O M E
Early settlers and others made written claims to the government for lands. Land could be obtained through cash payment or after 1862 by homesteading. County Land Title Agencies research the past back to the original patent.
L A N D O F F I C E
The first Dakota land offices were in Sioux Falls 1856 , Yankton 1859 and Vermillion 1861.

When a settler had completed the requirements for land entry, his case file was sent to the General Land Office in Washington, DC, where a patent (first-title deed) was issued. Those claims frequently included statements by relatives, heirs, neighbors, or friends describing the land, landowner and improvements. The local land offices then recorded transactions for each section of land in tract books.
T I T L E

Dakota Homestead Title Insurance Company is South Dakota's only domestic title insurance underwriter.

D a k o t a H o m e s t e a d T i t l e I n s u r a n c e C o m p a n y

HISTORY OF DAKOTA HOMESTEAD

Dakota Homestead Title Insurance Company ("Dakota Homestead") was incorporated on November 3, 1993 and opened for business in Sioux Falls, South Dakota. The company was created to serve the abstracters, bankers, realtors, builders and lawyers involved in the title insurance industry in the State of South Dakota. Service was initially provided throughout the state's smaller counties as the large national underwriters began dropping their agents in the early 1990's. Once Dakota Homestead had proven its quality of service to the agents in the smaller counties, it began attracting agents from the larger counties as well. Since 1994 Dakota Homestead has secured agents in 56 of South Dakota's 66 counties, serving more agents than any other underwriter in South Dakota.

Nationwide Dakota Homestead is 1 of the 47 title insurance underwriters. Not the largest, in fact we are currently ranked 42nd in the nation by total revenue. But that's not a bad thing. Demotech, the company that rates the financial stability of insurance companies, states on their web site, "Small, well-managed title underwriters are more financially stable than larger highly leveraged underwriters." This statement has been proven by what happened during the recent housing crisis. In 2008 there were 94 title insurance underwriters, today there are 47. The housing crisis occurred and half the underwriters were no longer in business, including some of the top 10 companies. But not Dakota Homestead, we are secure, thriving and prosperous.

Dakota Homestead exemplifies the highest standards of operation and ethics in the title industry. Taking great pride in the fact that all of its agents strive to meet or exceed the standards as established by the American Land Title Association and the South Dakota Land Title Association. Every person working for Dakota Homestead, regardless of position or task, is expected to strive to maintain the high operational standards and ethical practices which Dakota Homestead prides itself on.