Confused about title insurance? You’re not alone. In this quick and clear video, Ryan Orr from Team Title Guy at Fidelity National Title breaks down the two major types of title insurance: Owner’s Policy and Lender’s Policy — what they cover, who pays for them, and whether or not they’re legally required.
🔍 Here’s what we cover:
- The difference between Owner’s and Lender’s policies
- Why the seller traditionally pays for the Owner’s policy
- Why the buyer typically pays for the Lender’s policy
- How the cost is based on the sales price and loan amount
- Is title insurance legally required to close? (Spoiler alert: not always, but you definitely want it.)
Buying or selling a home in Rancho Cucamonga or the Inland Empire? This info could save you from a future headache—and a few thousand bucks.
💬 Got questions? Call us or DM us — we’re here to protect your piece of the American Dream.