What do most lenders require buyers to acquire to protect their interest in a property?

The most accurate choice is property insurance. Lenders typically require buyers to obtain property insurance, which protects against losses due to damages from events such as fire, theft, or natural disasters. This insurance ensures that the lender's investment in the property is safeguarded. If the property were to be damaged or destroyed, property insurance provides financial protection and ensures that repairs can be made, preserving the value of the collateral.

While title insurance is also important and protects the buyer from any claims against the property title, it is not mandatory for all transactions in the same way that property insurance is; lenders are primarily concerned with the dwelling being insurable against risks that could affect its market value. Easement rights pertain to access or usage of a property and do not protect the lender's financial interests. A home warranty offers a different type of protection, typically covering repairs or replacements for appliances and systems within the home, but does not serve the same purpose as property insurance in the context of securing a loan.