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

An owner's title insurance policy on a $462,400 Virginia home costs about $1,831, and the lender's policy issued with it about $250, under the filed rate schedule. The owner's policy rate is $4 per $1,000 up to $250,000, $3.90 per $1,000 from $250,000 to $500,000, $3.58 per $1,000 from $500,000 to $1,000,000, $2.36 per $1,000 from $1,000,000 to $2,000,000, $2.09 per $1,000 from $2,000,000 to $5,000,000, $1.75 per $1,000 from $5,000,000 to $15,000,000, $0 per $1,000 above $15,000,000, with a minimum premium of $250 (the price is rounded up to the next $1,000).

Virginia title insurance by purchase price

Purchase priceOwner's policyLender's policy (issued together)Both policies
$150,000$600$250$850
$200,000$800$250$1,050
$250,000$1,000$250$1,250
$300,000$1,195$250$1,445
$350,000$1,390$250$1,640
$400,000$1,585$250$1,835
$450,000$1,780$250$2,030
$500,000$1,975$250$2,225
$600,000$2,333$250$2,583
$700,000$2,691$250$2,941
$800,000$3,049$250$3,299
$1,000,000$3,765$250$4,015

Virginia 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. Schedule shown: WFG National Title Insurance Company.

Virginia title insurance calculator

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

Who pays for the owner's policy

Who pays for the owner's policy in Virginia is negotiable in the purchase contract. The standard Northern Virginia Association of Realtors and Virginia REALTORS forms typically assign the owner's policy to the buyer, though this is contract custom rather than a statutory default.

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 $250); 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 Virginia county is in the list below.

CountyMedian home priceOwner's policy
Arlington County$864,800$3,282
Chesapeake city$359,100$1,429
Chesterfield County$336,700$1,339
Henrico County$333,600$1,328
Loudoun County$701,000$2,695
Newport News city$243,300$976
Norfolk city$271,900$1,086
Prince William County$500,600$1,979
Richmond city$328,100$1,308
Virginia Beach city$366,300$1,456
All 133 Virginia counties

Title insurance in Virginia cities

CityMedian home priceOwner's policy
Virginia Beach$366,300$1,456
Chesapeake$359,100$1,429
Arlington$864,800$3,282
Norfolk$271,900$1,086
Richmond$328,100$1,308
Newport News$243,300$976
Alexandria$696,800$2,680
Hampton$234,100$940
Roanoke$180,500$724
Portsmouth$229,400$920
All 17 Virginia 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 Virginia?

On a $462,400 home, the Virginia median, an owner's title policy costs about $1,831 under the filed rate schedule, and the lender's policy issued with it costs $250, so both policies together are about $2,081. 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 Virginia?

Who pays for the owner's policy in Virginia is negotiable in the purchase contract. The standard Northern Virginia Association of Realtors and Virginia REALTORS forms typically assign the owner's policy to the buyer, though this is contract custom rather than a statutory default.

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 Virginia?

Yes. Virginia 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 Virginia 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.

Title insurance in every state