How much does title insurance cost in Utah?

Title insurance premiums are state-regulated in Utah and based on the sale price. For a typical residential transaction, expect to pay between $500 – $3,500. Prospect Title offers a free rate calculator for instant estimates tailored to your specific transaction.

What's the difference between owner's and lender's title insurance?

Lender's insurance protects the bank's investment and is usually required for financing. Owner's insurance protects YOU and your equity in the property. We strongly recommend both — the owner's policy is a one-time premium that protects you for as long as you own the property.

How long does closing take?

Typical residential closings take 7-60 days from contract to keys. Cash transactions close in less than 72 hours. Commercial transactions may take longer depending on complexity. Prospect Title's experienced team works to ensure smooth, on-time closings.

What do I need to bring to closing?

Valid government-issued photo ID (driver's license or passport), cashier's check or wire transfer receipt for your funds, and any documents your closer specifically requested. We'll send you a detailed checklist before closing day.

Can I do a remote closing?

Yes! Through our Qualia portal, you can review documents, e-sign, and complete much of the process remotely. Some documents may still require in-person notarization depending on your lender's requirements.

How do I protect myself from wire fraud?

NEVER trust wiring instructions sent via email without verbal verification. Prospect Title will NEVER email you changes to wiring instructions. Always call us directly using a number you already have (not one from an email) to verify before wiring any funds.

Prospect Land Title Company

Title Insurance Cost Estimate

(801) 225-1924

prospectut.com

May 8, 2026

This is an estimate only. Rates calibrated to Old Republic Title's Utah filed schedule. Contact us for a precise quote.

(801) 225-1924Mon–Fri 8:30 AM – 5:00 PM

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(801) 225-1924

Utah Title Insurance Estimates

Know Your Costs Before You Close

Instant title insurance estimates calibrated to Old Republic Title's Utah filed schedule.

59Years Serving Utah7 Offices Statewide

Title / Escrow Information

Services

Title & Escrow

Title Only

Transaction Type

Sale

Refinance

Escrow Location (County)

Property Location (County)

Property Type

New Financing Amounts

Sales Price

$50,000$3,000,000

Loan #1

$080% LTV$500,000

Policy: Expanded Lender's Policy

How Utah title insurance works

Utah is a “file and use” state. Every underwriter files its rates with the Utah Insurance Department, so premiums are regulated — not negotiable.

On a purchase, both an owner's and lender's policy are issued together, which qualifies for the simultaneous-issue lender's rate.

Total$4,446.00

Estimated Total

$4,446

Old Republic Title — Utah filed rates (representative)

Escrow Fees

Standard Residential Settlement Fee

Split 50/50

$395.00

Settlement fees may vary from $295–$695. Includes document preparation, wire, and courier fees.

Title Fees

Owner's Policy Fee

Paid by Seller

$2,505.00

Lender's Policy Fee

Paid by Buyer

$1,346.00

Additional Fees

Closing Protection Letter

Paid by Buyer

$25.00

eRecording Fee

$5.00 per document × 4Split 50/50

$20.00

County Recording Fee

$40.00 per document × 2Split 50/50

$80.00

Reconveyance Tracking Fee

Paid by sellerPaid by Seller

$75.00

Who Pays What

Buyer Pays

$1,619.00

Seller Pays

$2,827.00

Buyer/seller split based on Utah custom. Negotiable in the purchase agreement.

These calculations are for 1-4 Family Residential properties. Prospect Land Title Company conducts reasonable measures to ensure the quality of the data and information made available, but does not guarantee the accuracy, adequacy, or completeness of the information presented. Results from this calculator are an estimate only. You should verify all information by contacting Prospect Title at (801) 225-1924. Rates reflect representative Utah filed rates as of May 2026 and may differ from your specific transaction.

Estimate only. Contact us for a precise quote tailored to your transaction.

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Title Insurance FAQ

What is title insurance?

Title insurance is a one-time premium that protects property owners and lenders against losses from defects in the title — such as liens, encumbrances, or ownership disputes that existed before you purchased the property. Unlike other insurance that protects against future events, title insurance protects against past issues.

Why do I need both an owner's and lender's policy?

The owner's policy protects your ownership rights for as long as you own the property. The lender's policy protects your mortgage lender's investment. Most lenders require a lender's policy as a condition of the loan. When issued together on a purchase transaction, the lender's premium uses the simultaneous-issue rate rather than the standalone refi rate.

Who pays for title insurance in Utah?

In Utah, the seller typically pays for the owner's title insurance policy, and the buyer pays for the lender's policy. However, this can be negotiated in the purchase agreement. Your real estate agent can help with this negotiation.

Are title insurance rates negotiable?

No. Utah is a "file and use" state, meaning every title insurance underwriter must file their rates with the Utah Insurance Department and charge exactly those rates. This protects consumers from overcharging and ensures consistent pricing.

How accurate is this calculator?

This calculator is calibrated to Old Republic Title's Utah filed rate schedule, verified against 61+ data points from ORT's FeeNavigator tool (May 2026). Results match published figures within $1. Actual closing costs may include additional fees not shown here — contact our team for a full closing cost worksheet.

What is a Closing Protection Letter?

A Closing Protection Letter (CPL) is issued by the title underwriter and indemnifies the lender against losses caused by the settlement agent's failure to follow closing instructions or misappropriate funds. Most lenders require a CPL as part of the closing package. The fee is $25.

What are recording fees?

County recording fees are charged by the county recorder's office to enter your deed and/or mortgage into the public record. eRecording is the electronic submission service ($5 per document). County recording is the actual government fee ($40 per document in most Utah counties).

Ready for a precise quote?

Our team can provide an exact breakdown based on your specific transaction, including escrow fees, recording fees, and any applicable endorsements.

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