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

An owner's title insurance policy on a $354,500 Minnesota home costs about $1,164, and the lender's policy issued with it about $150, under the filed rate schedule. The owner's policy rate is $3.50 per $1,000 up to $250,000, $2.75 per $1,000 from $250,000 to $500,000, $2.25 per $1,000 from $500,000 to $1,000,000, $1.75 per $1,000 above $1,000,000, with a minimum premium of $200 (the price is rounded up to the next $1,000).

Minnesota title insurance by purchase price

Purchase price	Owner's policy	Lender's policy (issued together)	Both policies
$150,000	$525	$150	$675
$200,000	$700	$150	$850
$250,000	$875	$150	$1,025
$300,000	$1,013	$150	$1,163
$350,000	$1,150	$150	$1,300
$400,000	$1,288	$150	$1,438
$450,000	$1,425	$150	$1,575
$500,000	$1,563	$150	$1,713
$600,000	$1,788	$150	$1,938
$700,000	$2,013	$150	$2,163
$800,000	$2,238	$150	$2,388
$1,000,000	$2,688	$150	$2,838

Minnesota 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: WFG National Title Insurance Company.

Minnesota title insurance calculator

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

Who pays for the owner's policy

Who pays for the owner's policy in Minnesota is negotiable in the purchase contract. The manual sets premiums only; Minnesota has no statute assigning the owner's-policy cost, so it is set by local custom (Twin Cities-area custom commonly has the seller pay, but this is not universal) and the purchase contract. Source

When the owner's and lender's policies are issued together at closing, the lender's policy is charged at the reduced simultaneous-issue rate (a flat $150); that is the lender figure used on this page.

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 Minnesota county is in the list below.

County	Median home price	Owner's policy
Anoka County	$325,800	$1,084
Dakota County	$362,100	$1,186
Hennepin County	$376,500	$1,224
Olmsted County	$304,500	$1,026
Ramsey County	$304,900	$1,026
Scott County	$393,500	$1,271
St. Louis County	$208,500	$732
Stearns County	$256,500	$894
Washington County	$400,900	$1,290
Wright County	$332,800	$1,103

All 87 Minnesota counties

Title insurance in Minnesota cities

City	Median home price	Owner's policy
Minneapolis	$345,600	$1,139
St. Paul	$280,300	$960
Rochester	$287,500	$980
Bloomington	$346,200	$1,142
Duluth	$225,700	$791
Brooklyn Park	$313,500	$1,051
Plymouth	$474,700	$1,494
Woodbury	$434,900	$1,384
Lakeville	$425,200	$1,359
Blaine	$327,500	$1,090

All 19 Minnesota 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 Minnesota?

On a $354,500 home, the Minnesota median, an owner's title policy costs about $1,164 under the filed rate schedule, and the lender's policy issued with it costs $150, so both policies together are about $1,314. 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 Minnesota?

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 Minnesota?

Yes. Minnesota 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 Minnesota 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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