How much does title insurance cost, and who pays?

Title insurance cost is based on the purchase price or loan amount, set by rate filings rather than a number a general answer can quote responsibly. The owner's policy is typically a one-time premium paid at closing, and who pays it is a point of negotiation reflected in the purchase contract rather than a fixed state rule. Your closing attorney's office can quote the exact premium once they have your purchase price. Ask for that number early so it does not surprise you at the closing table.