Title Insurance Calculator
Estimate owner's and lender's title insurance policy cost
Frequently Asked Questions
The owner's policy protects the buyer's equity in the property against title defects (liens, fraud, errors in public records). The lender's policy protects the bank's interest in the loan amount. Lenders almost always require their policy; the owner's policy is optional but strongly recommended.
When you buy the lender's and owner's policies at the same time (a 'simultaneous issue'), most title companies apply a substantial discount (often 40-75%) to the lender's policy, since the title search only needs to be done once for both.
No. Title insurance rates are regulated at the state level, and some states (like Texas and Florida) set a fixed statewide rate schedule, while others allow insurers to file their own rates. This calculator uses a national average rate structure — check with a local title company for an exact quote.
This varies by local custom, not law. In some states the seller customarily pays for the owner's policy, in others the buyer does, and in some it's negotiated between the parties. The lender's policy is almost always paid by the buyer/borrower.
How title insurance is priced
| Purchase price tier | Typical rate |
|---|---|
| First $100,000 | ~$5.75 per $1,000 |
| $100,001 – $500,000 | ~$5.00 per $1,000 |
| $500,001 – $1,000,000 | ~$4.25 per $1,000 |
| Above $1,000,000 | ~$3.50 per $1,000 |
Rates step down as the purchase price rises (a tiered structure), and the lender's policy typically qualifies for a 70-80% discount when purchased simultaneously with the owner's policy.