2 Quick And Crucial Facts About An Owner's Title Policy

Title insurance is generally considered one of the least-understood forms of insurance, but that does not mean it is any less important. Title insurance works to protect us as we purchase what is often one of the biggest investments of our lives: our homes. This week, the team at our trusted Lake of the Ozarks title company is here to help you get a better understanding of what exactly title insurance is and why it is such a crucial part of the home buying process.


TITLE INSURANCE - Owner's vs Lender's Policies

Before we delve into the specifics of an owner's policy, we need to make a quick clarification. Title insurance comes in two predominant forms: owner's policies and lender's policies:

The Lender's Policy, as its name suggests, serves to protect the lender as he/she make the initial investment on your home. In the event of a defective title or a homeowner who is unable to make their required mortgage payments, the lender's policy will provide financial protection for the lender.

The Owner's Policy, on the other hand, works to protect the new homeowner from unforeseen dangers of homeownership. In the rest of this particular blog post, the team at Arrowhead Title, Inc. is here to help you learn a little bit more about the owner's policy.

OWNER'S TITLE POLICY - 2 Quick Facts

Title Insurance Is Purchased For A One-Time Premium
The premiums for most other forms of insurance are due every month or every six months, but title insurance is unique in that it can be purchased for a one-time premium when you buy your Lake of the Ozarks home. After that one-time purchase, you and your heirs will be protected as long as you have a vested interest in the property.

Title Insurance Protects You From Unforeseen Hazards
A home is a massive investment; you will want to be confident that you are making a safe purchase. The world of real estate is incredibly complex, however, and unforeseen challenges can threaten your ownership of the title. Examples of these types of threats can include (but are not limited to):
  • Invalid Power of Attorney
  • Mistakes in Public Records
  • Unauthorized Signatures
  • Forgeries
  • Undisclosed Heirs
The primary purpose of your Lake of the Ozarks owner's title policy is to protect you from these types of hazards.

Looking For Title Insurance At The Lake?

Contact the team at Arrowhead Title, Inc.! Our team of experienced title professionals at the Lake of the Ozarks would be honored to help you protect your biggest investment. Please don't hesitate to reach out to us if you have any questions or would like more information!

Contact Arrowhead Title, Inc. to begin your title insurance process today!

The Lake of the Ozarks' Most Trusted Title Company


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750 Bagnell Dam Blvd Suite B
Lake Ozark, MO 6504

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