Which of the following is NOT a type of title insurance policy?

Prepare for the Kansas Title Insurance Test. Utilize flashcards and multiple choice questions with detailed explanations. Ensure success on your exam!

The correct response identifies that a Renters policy is not a type of title insurance policy. Title insurance is specifically designed to protect property owners and lenders against losses that may arise from issues related to the ownership of land and property. This includes coverage like owner's policies, which protect the buyer, lender coverage loan policies that safeguard the mortgage lender's interest, and leasehold policies that cover the interests of those leasing property.

A Renters policy, on the other hand, is tailored to provide coverage for personal belongings and liability for individuals renting property rather than focusing on title issues. It typically does not address concerns related to ownership or title defects, which are the core focus of title insurance policies. Understanding the distinctions between various types of insurance helps clarify their purposes and the protections they offer.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy