Owner Title Insurance

[Harsh Patel]

I'm purchasing a property for personal living. Its twin home, but more like an end unit town home situated in a strong HOA community. The property was built in 2017 and it only had one owner since then and I would be the second owner.

The current owner has a title insurance and the title search that we got done came with clear results. Do i still need a Owner Title Insurance on this property for myself or is it not necessary given its a recently built community/property with only one owner in the past? Thanks in advance!