Title Insurance on a $400,000 Home in Minnesota
An owner's title policy on a $400,000 purchase in Minnesota costs about $1,288, and the lender's policy issued with it about $150, $1,438 for both. 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).
Nearby prices
| 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 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
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
Frequently asked questions
How much is title insurance on a $400,000 house in Minnesota?
About $1,288 for the owner's policy and $150 for the lender's policy when both are issued at closing, $1,438 in total, computed from the Minnesota 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).
Who pays for title insurance in Minnesota?
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
Sources
- WFG National Title Insurance Company, State of Minnesota Rate Manual, effective October 15, 2025
- Who pays for the owner's policy in Minnesota
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.
Minnesota title insurance overview → All Minnesota buyer closing costs →
Premiums are computed from the rate schedule cited above and rounded to the dollar. This is general information, not financial advice.
Minnesota title insurance