Do you need owner’s title insurance?

On Behalf of | Jul 14, 2021 | title insurance | 0 comments

If you are buying a home, then you likely know about title insurance and how it can protect against claims in the future. Having this protection is mandatory because it protects the lender’s interests in the event there is a claim.

What you may not think about is title insurance for yourself. Rocket Mortgage explains owner’s title insurance can provide you similar protections to you that regular title insurance provides to the lender.


You do not have to secure owner’s title insurance. It is completely voluntary, but it is well worth considering. What would you do if someone comes forward with a valid claim? While your lender has protection, do you? This insurance will help you if something happens and protect your interests in the property.


Having owner’s title insurance can give you peace of mind. It will provide you similar protections to what your lender gets through the mandatory insurance policy.

Your insurance will cover you if someone comes forward with a claim of ownership or if there are other issues that put ownership in question. You get coverage for things that happened prior to your purchase which you could have never known about, including easements that may be on the property.

While the title company that researches the title prior to your purchase will do a complete job investigating and ensuring everything is clean and clear, there is always the potential for something to come up that nobody could have known about. Owner’s title insurance ensures you have protection and looks out for your interests.