What type of policy is used to insure the owner of an interest in real property?

The owner's policy is specifically designed to protect the interests of a property owner. This type of title insurance policy provides coverage against potential issues with the title of the property that could affect ownership, such as liens, disputes, or defects in the title that may arise after the purchase. By securing an owner's policy, the property owner is assured that if a covered claim arises, they have financial protection and support for legal costs associated with defending their title.

In contrast, a loan policy serves lenders by protecting their investment in the property rather than the owner's interests. A leasehold policy protects leaseholders but not owners, and an exclusion policy generally outlines specific limitations and exceptions in coverage rather than providing broad protection to ownership interests. Therefore, the owner's policy is the correct choice for insuring the owner of an interest in real property.