First, identify whose interest is insured.
The owner and the mortgage lender have different interests. Ask which policy protects which party, rather than assuming a lender’s policy provides the owner’s coverage.
Then, read the limits.
No policy covers every possible issue. Review the commitment, exceptions, exclusions and policy terms with the appropriate professional before relying on a coverage assumption.
Bring specific questions to the closing team.
- Which policies are included in this transaction?
- What requirements must be addressed before issuance?
- Which exceptions apply to this property?
- When should I expect the final policy?
Sources & further reading
CFPB: What is owner’s title insurance?Sources reviewed September 7, 2026. General education; specific documents, policies and transaction requirements control.