What is the legal term for a policy that provides coverage for the owner of the title to a property?

The legal term for a policy that provides coverage for the owner of the title to a property is known as an Owner's Policy. This type of insurance is designed specifically to protect the interests of the property owner in the event that there are issues with the title that were not identified during the title search.

An Owner's Policy offers coverage against claims that might arise from defects in the title, such as undisclosed liens, encroachments, or fraud that could affect the property ownership. It ensures that the owner has financial protection and is secure in their ownership rights.

Other options, though related to title insurance, serve different purposes. A Lender's Policy typically protects the lender's interests in the event of a title defect, and it is commonly required when financing a property. A Combined Policy offers both lender and owner protections, but it is not specifically tailored solely for property owners. Title Insurance is the overarching term that encompasses various types of title insurance policies, including both Owner's Policies and Lender's Policies, rather than a specific type of coverage for property owners alone.