Title Insurance Calculator

Estimate title insurance costs for owner and lender policies by state.

By Konstantin Iakovlev · Updated September 2026 · Source: Florida Administrative Code 69O-186.003 — Title Insurance Rates

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Owner's Policy

$2,075.00

Lender's Policy

$25.00

Total

$2,100.00

Details

Owner's Title Insurance$2,075.00
Lender's Title Insurance$25.00
Total Title Insurance$2,100.00
Who Pays (local custom)Owner: seller in most counties, buyer in Miami-Dade, Broward and Collier; lender: buyer

Florida premiums follow the state's rate rule (69O-186.003). The lender's policy issued with the owner's policy costs $25 up to the price, plus the regular rate on any amount by which the loan exceeds it. Endorsements, search and closing fees are extra.

Use the Title Insurance Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

Title insurance guards a buyer or refinancer against financial loss from hidden defects in a property's title, and budgeting for it accurately means accounting for both the owner's and lender's policies. For Florida, New York, Ohio, Pennsylvania and Texas this calculator uses the rate schedules those states set or approve; for California and Illinois it uses one average rate each, and one more for every other state, giving you a closing-cost figure before you have a quote.

Florida sets title insurance rates by rule: an owner's policy costs $5.75 per $1,000 on the first $100,000 of coverage, $5.00 per $1,000 from $100,000 to $1 million and less on each band above that. Texas promulgates one basic rate that every title company charges, and it includes the examination and closing: a table up to $100,000, where the premium is $780, then $4.94 per $1,000 up to $1 million and less above that, after a 6.2% cut on March 1, 2026. Pennsylvania's rates come from the TIRBOP rate manual approved by the Insurance Department: $569 for the first $30,000, then $7.41, $6.27 and $5.70 per $1,000 in the bands up to $45,000, $100,000 and $500,000. Ohio's come from the rate manual of the Ohio Title Insurance Rating Bureau, which raised its base rates for orders from January 1, 2026, the first increase since 2002: a standard owner's policy costs $5.80 per $1,000 up to $250,000, $4.10 per $1,000 from there to $500,000 and less above that, and the ALTA Homeowner's Policy that the Columbus and Toledo purchase contracts call for costs 15% more. New York's come from the TIRSA rate manual approved by the Department of Financial Services, in two zones. Zone 2 is New York City, Nassau, Suffolk, Westchester, Rockland, Putnam, Orange, Dutchess, Ulster, Sullivan, Columbia, Greene, Albany and Rensselaer counties, and its rates include the title search; Zone 1 is the rest of the state, where the search is billed separately. For California, Illinois and the average, the calculator applies one owner's rate per $1,000 of the price and one lender's rate per $1,000 of the mortgage, because a lender's policy insures the loan and a cash purchase needs none. Real premiums in those states are tiered, with a lower rate on each additional $1,000, and a simultaneous-issue discount usually applies, so there the figure is a rough estimate that can differ noticeably from a quote. The results also show who customarily pays, which the purchase contract can change. The buyer pays for the lender's policy almost everywhere. The owner's policy is paid by the buyer in New York and Pennsylvania; by the seller in Texas, Illinois and most of Florida (the buyer pays in Miami-Dade, Broward and Collier); by the seller in Southern California, while in much of Northern California the buyer pays or the premium is split; and in Ohio it depends on the region, with the seller paying in Columbus and Toledo.

One discount in particular is easy to miss: when an owner's policy and a lender's policy are issued together, the lender's policy costs far less than it would on its own. In Florida it costs $25, in Texas $100 and in Ohio $150, as long as the loan is no larger than the owner's policy. In Pennsylvania the two are rated as one policy on the larger amount, so the lender's policy adds nothing. In New York it costs 30% of the loan rate up to the price: on a $320,000 mortgage in New York City that is $414.83 instead of $1,382.75. Your Loan Estimate may still show a larger lender's policy, because federal disclosure rules list it at the full stand-alone rate and take the difference off the owner's policy; the two lines change, the total does not. In these five states the premium follows the schedule, but search, closing and endorsement fees do not; elsewhere it pays to collect quotes from several title companies, because pricing can differ even between firms in the same state. Treat the output as an estimate, since the final bill can move with the property's specifics, any endorsements, and local regulations.

Example: Buying a $400,000 home with a $320,000 mortgage in Florida, Texas, Pennsylvania, New York City and Ohio

  1. 1 Input: State = Florida, Home Purchase Price = $400,000, Mortgage Amount = $320,000.
  2. 2 Florida sets title premiums by rule. Owner's policy on $400,000: $5.75 per $1,000 on the first $100,000 ($575) plus $5.00 per $1,000 on the next $300,000 ($1,500), for $2,075.
  3. 3 Lender's policy: issued at the same time as the owner's policy and for less than its amount, the $320,000 lender's policy costs $25, bringing the total to $2,100 before any endorsements.
  4. 4 The same purchase in Texas (State = Texas): the owner's policy is the promulgated basic rate, $780 for the first $100,000 plus 0.00494 × $300,000 = $1,482, for $2,262. The lender's policy issued with it costs $100 under Rule R-5, for $2,362 in all. By custom the seller pays the owner's policy and the buyer the lender's; the Texas resale contract leaves the owner's policy to a checkbox.
  5. 5 In Pennsylvania the TIRBOP Sale Rate on $400,000 is $569 for the first $30,000 plus $111.15, $344.85 and $1,710.00 in the bands up to $45,000, $100,000 and $400,000, for $2,735.00. The owner's and lender's policies are rated as one policy on the larger amount, so the $320,000 lender's policy adds nothing. The buyer pays: the standard Pennsylvania agreement of sale puts the title search and title insurance on the buyer.
  6. 6 The same purchase in New York City (State = New York, Zone 2, Mortgage Amount = $320,000): the owner's policy is $382 for the first $35,000 plus $6.34, $5.16 and $4.14 per $1,000 in the bands up to $50,000, $100,000 and $400,000 ($95.10 + $258.00 + $1,242.00), for $1,977.10. The lender's policy at the full loan rate would be $1,382.75; issued with the owner's policy it costs 30% of that, $414.83. The buyer, who customarily pays both policies in New York, pays $2,391.93.
  7. 7 In Ohio (State = Ohio, Owner's policy = Homeowner's Policy) the standard owner's rate is $5.80 per $1,000 on the first $250,000 ($1,450.00) plus $4.10 per $1,000 on the next $150,000 ($615.00), for $2,065.00, and the Homeowner's Policy adds 15%, for $2,374.75. The lender's policy issued with it costs $150, for $2,524.75 in all, or $2,215.00 with the standard owner's policy. In Columbus and Toledo the standard purchase contract has the seller pay for the Homeowner's Policy.
  8. 8 Context: the owner's policy protects your equity, while the lender's policy protects the mortgage company's interest in the property. Bought on its own, a $320,000 lender's policy costs $1,675 in Florida (the same $5.75 and $5.00 per $1,000 schedule), $1,867 in Texas, $1,217 in Ohio and $1,382.75 in New York City, which is why the simultaneous-issue rate matters.

Source: Florida Administrative Code 69O-186.003 — Title Insurance Rates · Last updated: September 2026

Frequently Asked Questions

How much does title insurance cost?
It depends on the state and the size of the policy. In Florida, where the state sets the rates, an owner's policy on a $350,000 home costs $1,825 ($5.75 per $1,000 on the first $100,000 and $5.00 per $1,000 on the remaining $250,000), and a lender's policy issued with it costs $25 if it is no larger than the owner's policy. In Texas, where the Department of Insurance sets one rate for every title company, an owner's policy on a $400,000 home costs $2,262 and a lender's policy issued with it $100. In Pennsylvania the TIRBOP rate on a $400,000 purchase is $2,735, and a lender's policy for no more than the price adds nothing. In Ohio the rating bureau's rates, raised on January 1, 2026, put a $400,000 purchase at $2,374.75 for the Homeowner's Policy ($2,065 for the standard owner's policy) and $150 for a lender's policy issued with it. In New York the TIRSA rate manual sets them: in New York City a $400,000 purchase with a $320,000 mortgage costs $1,977.10 for the owner's policy and $414.83 for the lender's policy issued with it. A lender's policy bought on its own costs more. In many other states rates differ between title companies, so compare the estimate with a quote.
Do I need both owner's and lender's title insurance?
Your mortgage lender requires lender's title insurance to protect their loan. Owner's title insurance is optional but strongly recommended, as it protects your equity against claims, liens, or title defects. Without it, you bear the risk if a title issue arises after closing.
What does title insurance cover?
Title insurance protects against losses from title defects such as undisclosed liens, forged documents, recording errors, unknown heirs, and boundary disputes. It is a one-time premium paid at closing that provides coverage for as long as you or your heirs own the property.
Who pays for title insurance, the buyer or the seller?
It depends on local custom, and the purchase contract can change it. The buyer pays for the lender's policy almost everywhere. For the owner's policy: in Texas the seller usually pays, and the standard resale contract has a checkbox for it. In Florida the seller pays in most counties under the Florida Realtors/Florida Bar contract, but the buyer pays in Miami-Dade and Broward under its regional option and in Collier County. In California the Department of Insurance says the seller customarily pays in Southern California, while in Northern California the buyer pays or the premium is split, and practice differs by county. In Illinois the Multi-Board contract used around Chicago and in several downstate markets has the seller pay. In Pennsylvania the standard agreement of sale has the buyer pay for the title search and title insurance, and in New York the buyer pays both policies. In Ohio it varies by region: the Columbus and Toledo contracts have the seller pay for the owner's policy, an ALTA Homeowner's Policy, and in Cincinnati the contract lets the parties choose.
How much did Ohio title insurance rates go up in 2026?
The Ohio Title Insurance Rating Bureau's new rates apply to orders received on or after January 1, 2026, the first change to its base rates since 2002. A standard owner's policy now costs $5.80 per $1,000 up to $250,000 (it was $5.75 up to $150,000 and $4.50 from there to $250,000), $4.10 per $1,000 up to $500,000 (was $3.50) and less above that, with a $225 minimum (was $175). On a $400,000 home the standard owner's policy went from $1,837.50 to $2,065.00, and the Homeowner's Policy, still 15% more, now costs $2,374.75. A lender's policy issued with the owner's policy went from $100 to $150, and one bought on its own for a $320,000 loan from $1,100 to $1,217. The premiums bind every insurer in the bureau, the national underwriters among them, unless one has an approved deviation; search, examination and closing fees are set by each title company.
Who pays for title insurance in New York?
The buyer customarily pays for both the owner's and the lender's policy, though the contract can shift costs. Premiums follow the TIRSA rate manual in two zones. Zone 2 (New York City, Long Island, Westchester, Rockland, Putnam, Orange, Dutchess, Ulster, Sullivan, Columbia, Greene, Albany and Rensselaer counties) includes the title search in the premium. In Zone 1, the rest of the state, the search is billed separately, and upstate the seller usually pays for the abstract of title. Lenders require the loan policy; the owner's policy is optional.
Why does my Loan Estimate show a bigger lender's title policy?
Because federal disclosure rules require it. Under the CFPB's official interpretation of 12 CFR 1026.37(g)(4), the Loan Estimate lists the lender's policy at its full stand-alone rate and the owner's policy as the full owner's premium plus the simultaneous-issue lender's premium minus that full rate. For a $400,000 home in Texas with a $320,000 loan, it shows $1,867 for the lender's policy and $495 for the owner's, while the premiums actually charged are $100 and $2,262. The total, $2,362, is the same either way; this calculator shows the premiums as charged, and in Texas the settlement agent must also give you Form T-64, the Texas Disclosure, which does the same.

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