Title Insurance Cost Estimator

Title insurance protects against claims on the property’s ownership history. There are two types:

Lender’s policy (required by most lenders):

Lender Premium ≈ Purchase Price × 0.35% (rate varies by state)

Owner’s policy (optional but recommended):

Owner Premium ≈ Purchase Price × 0.50%

When bought together, many companies offer a simultaneous issue discount of 30-40% on the owner’s policy.

Title insurance is a one-time cost paid at closing — not a recurring expense.

Typical rates by home price (US averages):

• $200,000 home: $700-1,700 total
• $400,000 home: $1,400-3,400 total
• $600,000 home: $2,100-5,100 total

Tips:

• Title insurance rates are regulated and vary by state
• Some states allow you to shop for title insurance — compare quotes
• The owner’s policy protects your equity for as long as you own the home
• A title search is done before issuing the policy — this is where issues get found