Michigan Title Insurance Cost: What an Owner's and Lender's Policy Costs

An owner's title insurance policy on a $269,700 Michigan home costs about $1,550, and the lender's policy issued with it about $1,006, under the filed rate schedule. The owner's policy rate is a flat $375 up to $20,000, $6.40 per $1,000 from $20,000 to $100,000, $4 per $1,000 from $100,000 to $200,000, $3.75 per $1,000 from $200,000 to $300,000, $3 per $1,000 from $300,000 to $1,000,000, $2.50 per $1,000 above $1,000,000, with a minimum premium of $375 (the price is rounded up to the next $1,000).

Michigan title insurance by purchase price

Purchase price	Owner's policy	Lender's policy	Both policies
$150,000	$1,087	$728	$1,815
$200,000	$1,287	$853	$2,140
$250,000	$1,475	$963	$2,438
$300,000	$1,662	$1,073	$2,735
$350,000	$1,812	$1,163	$2,975
$400,000	$1,962	$1,253	$3,215
$450,000	$2,112	$1,343	$3,455
$500,000	$2,262	$1,433	$3,695
$600,000	$2,562	$1,613	$4,175
$700,000	$2,862	$1,793	$4,655
$800,000	$3,162	$1,973	$5,135
$1,000,000	$3,762	$2,333	$6,095

Michigan uses filed rates: underwriters file their rate manuals with the state insurance department, and the filed schedule below is what a policy costs; competing underwriters file similar or identical schedules. Schedule shown: Stewart Title Guaranty Company.

Michigan title insurance calculator

Enter a purchase price to see the owner's and lender's policy premiums from the filed Michigan rate schedule.

Who pays for the owner's policy

Who pays for the owner's policy in Michigan is negotiable in the purchase contract. The manual sets premiums only; Michigan has no statute assigning the owner's-policy cost, so it is set by local custom (which varies by county, e.g. buyer-pays vs seller-pays conventions differ across Michigan) and the purchase contract. Source

Title insurance at the county median price

The rate schedule is statewide; what changes from county to county is the home price. The ten most populous counties are shown; every Michigan county is in the list below.

County	Median home price	Owner's policy
Genesee County	$172,900	$1,179
Ingham County	$187,500	$1,239
Kalamazoo County	$227,500	$1,392
Kent County	$265,700	$1,535
Livingston County	$331,100	$1,758
Macomb County	$231,400	$1,407
Oakland County	$320,400	$1,725
Ottawa County	$291,200	$1,632
Washtenaw County	$353,000	$1,821
Wayne County	$170,200	$1,171

All 83 Michigan counties

Title insurance in Michigan cities

City	Median home price	Owner's policy
Detroit	$76,800	$740
Grand Rapids	$225,500	$1,385
Warren	$181,900	$1,215
Sterling Heights	$260,700	$1,516
Ann Arbor	$435,100	$2,070
Lansing	$119,400	$967
Dearborn	$205,900	$1,310
Livonia	$265,300	$1,535
Troy	$396,800	$1,953
Westland	$176,500	$1,195

All 24 Michigan cities over 50,000 people

What the two policies cover

The owner's policy protects your equity against title defects that predate your purchase: undisclosed liens, forged deeds, missing heirs, recording errors. The lender's policy protects only the mortgage lender for the loan amount and is required by nearly every lender. Premiums are one-time and paid at closing. Because underwriters file competing rates, getting two quotes at your purchase price is worth a few hundred dollars.

Frequently asked questions

How much is title insurance in Michigan?

On a $269,700 home, the Michigan median, an owner's title policy costs about $1,550 under the filed rate schedule, and the lender's policy issued with it costs $1,006, so both policies together are about $2,556. The premium rises with the purchase price; the table on this page shows it from $150,000 to $1,000,000.

Who pays for title insurance in Michigan?

Is title insurance a one-time cost?

Yes. Both the owner's policy and the lender's policy are paid once at closing and cover the property for as long as you (or your lender) hold an interest in it. There are no annual premiums.

Can I shop for title insurance in Michigan?

Yes. Michigan underwriters file their own rate manuals, so premiums differ by company; ask two or three title companies for a quote at your price and compare their settlement fees as well.

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.

See all Michigan buyer closing costs →

Premiums are computed from the rate schedule cited above and rounded to the dollar; your title company's quote may add endorsements, search and settlement fees. This is general information, not financial advice.

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