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Mortgage Glossary

Title Insurance Policy

Mike Starr·Reviewed August 2026

A title insurance policy is the formal contract issued by a title company after closing that insures the policyholder against financial losses from title defects, liens, or ownership disputes that existed before the policy date. Lender's policies protect the mortgage lender; owner's policies protect the homeowner. Coverage remains in effect for as long as the policyholder owns the property.