Should first-time buyers get an owner's title policy?

First-time buyers should generally get an owner's title policy, since it protects their own equity against a title defect, like an old lien or a boundary dispute, that a lender's policy does not cover at all. The one-time cost at closing is small compared with the legal expense of fighting a title claim later without that protection. Brian Beatty walks every first-time buyer through what an owner's policy actually covers before closing.