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What is the difference between Lenders title insurance and Owners title insurance?

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What is the difference between Lenders title insurance and Owners title insurance?

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Lender’s title insurance is a policy of insurance that protects your lender in case there are against loses resulting from defects in the title to your property. This policy does not protect you, the owner. Lender’s title insurance will be required by your lender. Owner’s title insurance is a policy of insurance that protects you, the owner, in the event that are any loses resulting from defects in the title to your property. Owner’s title insurance is optional.

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