What is the difference between a Lenders Title Policy and an Owners Title Policy? A mortgage company will most likely require a title policy for its own protection. This policy protects ONLY the lender and is referred as the LENDER'S title insurance policy. HOWEVER, to protect himself/herself against the many possibilities of loss due to title defects a purchaser should insist upon an OWNER'S title insurance policy. The additional cost of a "LENDER'S" policy is nominal when purchased at the time of settlement simultaneously with the "OWNER'S" policy. Top of page
