McDonough County, Illinois Title Insurance Cost
On the McDonough County median home price of $103,500, an owner's title policy costs about $1,995 and the lender's policy issued with it about $575, under the Illinois rate schedule. Median price source.
McDonough County title insurance by purchase price
| 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 uses filed rates: each underwriter files its own rate manual with the state insurance department, so premiums differ by a few hundred dollars from one title company to another. The schedule below is one underwriter's filed rate.
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 for the owner's policy
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. Commonly cited Illinois custom is that the seller furnishes and pays for an owner's title commitment and policy under standard residential contract forms. This is not confirmed against an official source, so check your contract.
Frequently asked questions
How much is title insurance in McDonough County?
On the McDonough County median home price of $103,500, an owner's policy costs about $1,995 and the lender's policy $575, about $2,570 for both. The rate schedule is filed statewide, so what changes from county to county is the home price, not the rate.
Who pays for title insurance in McDonough County?
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. Commonly cited Illinois custom is that the seller furnishes and pays for an owner's title commitment and policy under standard residential contract forms. This is not confirmed against an official source, so check your contract.
Nearby Illinois counties
- Marshall County $137,800
- Mason County $106,100
- Massac County $118,000
- McHenry County $286,900
- McLean County $198,300
- Menard County $179,300
Sources
- Old Republic Title Schedule of Rates for Cook, DuPage, Kane, Kendall, Lake, McHenry and Will Counties, Illinois, effective September 1, 2024
- U.S. Census Bureau, American Community Survey 2019-2023 5-year estimates, table B25077 (median value of owner-occupied housing units) and B01003 (total population)
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 at every price →
Premiums are computed from the rate schedule cited above and rounded to the dollar. This is general information, not financial advice.
Illinois title insurance