Final answer:
Title insurance is a one-time fee paid at the closing of a home purchase, unlike homeowners insurance or property taxes which may be paid monthly through an escrow account.
Step-by-step explanation:
A homeowner is typically billed for title insurance only once, and that occurs during the closing process of purchasing a home. Unlike homeowners insurance or property taxes, which may be included in an escrow account and paid monthly with the mortgage payment, title insurance is a one-time fee. The purpose of title insurance is to protect the homeowner and the mortgage lender from any issues or defects with the title to the property that could arise after the purchase.