Title Tip Tuesday. What is The Owners Policy and What Does It Protect?

There are two types of title insurance: owner’s title insurance, called an Owner’s Policy, and lender’s title insurance, called a Loan Policy.

An Owner’s Policy is usually issued in the amount of the real estate purchase. It is purchased for a one-time fee at closing and lasts for as long as you have an interest in the property. Only an Owner’s Policy protects the buyer should a covered title problem arise.

 

 

 

Create Your Order.
Easy as 1, 2, 3.
Ok, and 4.

Start Your Order Now

Show Me
The Money.

Rate Calculators

Always Closing. Always Open.

Find Your Office