Title Insurance Rates

Title Insurance Rates
Mark CappelFeb 18, 2015

Title Insurance Rates For All States

See the Bills.com article Title Insurance to learn the basics of title insurance. The list below describes the general rules for each state. The key fact to look for is whether your state allows insurance companies to compete on price, or if prices are set by the state.

Title Insurance Fee RegulationTitle Search Required Before Policy Is IssuedTypical Fee /$1,000 Home Value Homeowner & LenderState Statutes
AlabamaFiled and deemed approved, if not disapproved within 60 daysYes$4.00 - $5.50Ala. Code § 27-25-6(1975); Ala. Code § 27-3-7(1975); Ala. Code § 27-25-4(1975)
AlaskaPrior approval by stateYes$4.50AS 21.66.390-410. 3 AAC 27.301-399; AS 21.27.010 et seq.; AS 21.66.270; AS 21.27.150(2)
ArizonaFile rate with stateYes$7.30ARS §§ 20-375 and 20-376.; ARS §§ 20-1561 through 20-1563
ArkansasRates not regulatedYes$3.50 - $3.70Ark. Code Ann. § 23-103-401 et seq.
CaliforniaFile rate with stateNo$5.70 - $11.20CIC 12401 ? 12401.10, 12404 ? 12413.5; CIC 699 et seq; CIC 12389 et seq
ColoradoFile rate with stateYes$5.90 - $8.90CRS §10-11-118; §10-2-401
ConnecticutPrior approval by stateYes$4.0038a-419
DelawareFile rate with stateNot applicable$6.0018Del.C.cl 25; 18 Del.C.cl 17
District of ColumbiaRates not regulatedNot applicable$11.50
FloridaState-set ratesYes$5.75 - $6.00FS §877.101, §627.782 and 627.783, §69O-186.003 and 69O-186.004; Chapter 626, Part V; Chapter 624, Part III; Chapter 626, Part V
GeorgiaRates not regulatedYes$4.75 - $5.50O.C.G.A. Secs. 33-23-1 et seq.
HawaiiRates not regulatedNot applicable$4.85
IdahoRates are filed 30 days prior to useYes$2.56Idaho Code Title 41 Chapter 27
IllinoisRates not regulatedYes$3.75215 ILCS 155/19; 215 ILCS 155/3; 155/4; 155/16; 155/17
IndianaRates not regulatedYes$7.50
IowaState-run programNot applicable$1.10Iowa Code §515.48(10)(2009)
KansasFile rate with stateYes$3.35K.S.A. 40-952(c); K.S.A. 40-4903
KentuckyFile rate with stateNo$5.50KRS 304.22-020
LouisianaFiled and deemed approved if no rejection in 45 daysNot applicable$7.61LSA-R.S. 22:1451, et seq.; LSA-R.S. 22:511, et seq.
MaineFile rate with stateNo$5.2524-A MRSA § 2302(1)(D); 24-A MRSA § 1420, et seq. for agents 24-A MRSA § 404 for insurers
MarylandFile rate with stateNo$6.00Annotated Code of Maryland, Title 11, Subtitle 4; Title 10, Subtitle 1
MassachusettsRates not regulatedNot applicable$5.75
MichiganFile rate with stateNo$11.70MCL 500.7312 and Ch-12 MCL 500.2400-500.2484; MCL 500.7302, MCL 500.7303, MCL 500.7317, CH-12 MCL 500.1200-1247
MinnesotaFile rate with stateYes$450Minn. Stat. 70A; 60K.32
MississippiPrior approval by stateNot applicable$4.25Miss. Code Ann. § 83-2-3; Miss. Code Ann. § 83-15-3
MissouriFile & Use if not disapproved within 30 daysYes$3.50MO 381.171, 381.181, 381.201, 20 CSR 500-7.100; 381.052, 381.058, 381.115, 381.118, 375.014
MontanaFile rate with stateYes$7.6033-25-212; 33-17-201;
NebraskaPrior approval by stateNo$4.30Neb. Rev. Stat. 44-1997; Neb. Rev. Stat. 44-1982 and 44-19,109
NevadaPrior approval by stateYes$9.72NRS 692A.120; NRS 692A.100 - NRS 692A.104
New HampshireFile rate with stateNo$3.50 - $4.75RSA 412, RSA 416-A; RSA 402-J, RSA 416-A
New JerseyPrior approval by stateYes$5.25N.J.S.A. 17:46B-41 et. seq.; N.J.S.A. 17:22A-26 et. seq.
New MexicoState-set ratesYes$14.1459A-30-6 NMSA 1978; 59A-30-3(C),(D),(E) NMSA 1978; 59A-30-3(G),(I) NMSA 1978; 13.14.2 NMAC
New YorkPrior approval by stateNot applicable$7.70 - $14.50Article 23 Article 64
North CarolinaFile rate with stateYes$2.95 - $4.00NCGS 58-40-15; NCGS 58-26-10
North DakotaPrior approval for initial filingYes$3.75North Dakota Century Code 26.1-25; 26.1-20
OhioPrior approval by stateYes$6.75Ohio Revised Code 3935.03; ORC 3905.02, 3953.01, 3953.21
OklahomaRates not regulatedYes$5.3036 O.S. §1435.8(A)(9); 36 O.S. §5001(A)
OregonPrior approval by stateYes$7.67ORS 737.310, ORS 737.320, ORS 737.230; ORS 744.053, ORS 744.086
PennsylvaniaFile rate with stateYes$3.52 - $9.00
Rhode IslandFile rate with stateNo$4.00R.I. Gen. Laws §27-9-7; §27-1, §27-2, §27-2.4
South CarolinaPrior approval by stateYes$4.30SDCL Title 58-25; SDCL Title 36-13
South DakotaPrior approval by stateYes$7.06
TennesseePrior approval by state, varies by countyYes$3.60 - $7.30Chapter 35 of Title 56 and TN Rule 0780-1-12; Chapter 6 of Title 56
TexasState-set ratesNot applicable$9.43Texas Insurance Code §2703; §2651, §2652
UtahFile rate with stateYes$10.88R592-3 and 4; 31A-23a-103
VermontFile rate with stateNot applicable$5.60
VirginiaRates not regulatedYes$5.4038.2-4608; 38.2-1822, 1814.1
WashingtonFile rate with stateNo$9.71RCW 48.29.140; RCW 48.29.147; RCW 48.05.030; RCW 48.17.060
West VirginiaFile rate with stateYes$4.40W. Va. Code 33-20-3(e); W. Va. Code 33-3-1 et seq.; W. Va. Code 33-12-1 et seq.; W. Va. Code 33-12B-1 et seq.
WisconsinFile rate with stateNo$10.15Wis. Stat. s. 625, & s. Ins 3.32, Wis. Adm. Code; Wis. Stat. 610.11; 628.03
WyomingPrior approval by stateYes$8.33W.S. 26-23-325; 26-23-316

State-By-State Title Insurance Fees & Laws

1 Comments

SStanley Samarja, Dec, 2012
This list of title insurance rates is just awesome.