Southfield, Michigan Title Insurance Cost
On the Southfield median home price of $226,900, an owner's title policy costs about $1,388 and the lender's policy issued with it about $912, under the Michigan rate schedule. Median price source.
Southfield 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.
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
Frequently asked questions
How much is title insurance in Southfield?
On the Southfield median home price of $226,900, an owner's policy costs about $1,388 and the lender's policy $912, about $2,300 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 Southfield?
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
Nearby Michigan cities
- Pontiac $110,600
- Rochester Hills $377,400
- Royal Oak $305,900
- St. Clair Shores $196,400
- Sterling Heights $260,700
- Taylor $141,200
Sources
- Stewart Title Guaranty Company, All-Inclusive Residential Schedule of Charges for Title Insurance in the State of Michigan, revised 1/9/2024, effective 2/26/2024
- Who pays for the owner's policy in Michigan
- 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.
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Premiums are computed from the rate schedule cited above and rounded to the dollar. This is general information, not financial advice.
Michigan title insurance