Does title insurance protect my foreclosure purchase

[Ayinde Dick]

I I recently won a foreclosure auction conducted by the city of Jacksonville in Florida. I purchased title insurance along with a homeowners insurance policy immediately following the sale. I waited the 10 days redemption period and contacted the city only to find out that title would not be issued in my name. 3 days before the auction the defendant filed for bankruptcy which means the auction should never have taken place. I contacted the city for a refund of my $85,000 cash and was told my funds couldn't be released until a judge made a final decision on this bankruptcy. Should my title or homeowners insurance cover my financial loss? If one of these insurance policies covers me will it cover the amount that I paid or the actual value of the home?