Closing Process

Title Insurance Explained

Owner's vs lender's policies — what each covers.

5 min readUpdated 2026Closing Process

Two policies

Lender's title insurance protects the lender; owner's title insurance protects your equity in the home. Florida uses a promulgated rate structure.

What it covers

Undiscovered liens, forged deeds, missing heirs, and other title defects that predate your ownership.

Key takeaways

  • Owner's title is a one-time premium worth having.

Frequently asked questions

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