Title Insurance on a $450,000 Home in Illinois
An owner's title policy on a $450,000 purchase in Illinois costs about $2,495, and the lender's policy issued with it about $575, $3,070 for both. The owner's policy premium comes from the rate table in the filed manual (a fixed dollar amount per price bracket, minimum $1,995).
Nearby prices
| Purchase price | Owner's policy | Lender's policy (issued together) | Both policies |
|---|---|---|---|
| $150,000 | $1,995 | $575 | $2,570 |
| $200,000 | $1,995 | $575 | $2,570 |
| $250,000 | $2,095 | $575 | $2,670 |
| $300,000 | $2,195 | $575 | $2,770 |
| $350,000 | $2,295 | $575 | $2,870 |
| $400,000 | $2,395 | $575 | $2,970 |
| $450,000 | $2,495 | $575 | $3,070 |
| $500,000 | $2,595 | $575 | $3,170 |
| $600,000 | $2,820 | $575 | $3,395 |
| $700,000 | $3,020 | $575 | $3,595 |
| $800,000 | $3,220 | $575 | $3,795 |
| $1,000,000 | $3,620 | $575 | $4,195 |
Illinois title insurance calculator
Enter a purchase price to see the owner's and lender's policy premiums from the filed Illinois rate schedule.
Who pays
In Illinois the seller customarily pays for the owner's policy, so the figure below is usually the seller's cost; the buyer still pays the lender's policy. Reported as commonly cited Illinois custom (Illinois's standard residential contract forms typically have the seller furnish and pay for an owner's title commitment/policy); not confirmed against a primary official source, same caveat as data/closing/illinois.json.
Frequently asked questions
How much is title insurance on a $450,000 house in Illinois?
About $2,495 for the owner's policy and $575 for the lender's policy when both are issued at closing, $3,070 in total, computed from the Illinois rate schedule. The owner's policy premium comes from the rate table in the filed manual (a fixed dollar amount per price bracket, minimum $1,995).
Who pays for title insurance in Illinois?
In Illinois the seller customarily pays for the owner's policy, so the figure below is usually the seller's cost; the buyer still pays the lender's policy. Reported as commonly cited Illinois custom (Illinois's standard residential contract forms typically have the seller furnish and pay for an owner's title commitment/policy); not confirmed against a primary official source, same caveat as data/closing/illinois.json.
Sources
Rates as filed or promulgated, checked September 22, 2026. Premiums are computed from the schedule above and rounded to the dollar; endorsements, settlement fees and search fees are separate. All sources.
Illinois title insurance overview → All Illinois buyer closing costs →
Premiums are computed from the rate schedule cited above and rounded to the dollar. This is general information, not financial advice.
Illinois title insurance