I understand it primarily is purchased by the lender and not for the borrower. But, you do know don’t you that once the lawyer has issued a policy for the lender, he will gladly sell you one too to protection your interests, and cheap. You need only ask for it.
I’ve done this twice.
I remember, a now dead, radio talk show host, who gave financial advice to callers, was involved in some property dispute of his own. Seems like, IIRC, a property he owned had some defect in the title about a property line or some such as this case.
He didn’t worry because he had title insurance in case things went wrong.
He found out that his insurance covered only the lender and not him, so he was out of luck.....................