What Is It?

• In Arizona, a lender's title insurance policy is performed by a title company. The title to the property is researched to ensure no defects with the title exist, such as mistakes on previous sales or liens filed against the property.
  
  

How Does It Protect Me?

• A lender's title insurance policy protects the lender's investment, which is the money you are borrowing to purchase the home or property. Personal protection is available to you in Arizona by purchasing an owner's title insurance policy. Ask your Arizona title insurance company about programs it offers.
  
  

Who Pays for it?

• The lender's title insurance policy is charged as a one-time, upfront fee in Arizona. It is usually based on the selling price of the property. Arizona law permits buyers and sellers to negotiate how fees are divided between them.