How Much Does Title Insurance Cost?

As with most other types of insurance, the first question that comes to mind when people think about title insurance at the Lake of the Ozarks is usually, "how much will it cost?" With all the other costs associated with buying a Lake of the Ozarks home, home buyers are usually looking for ways to save extra money and may be tempted to opt out of purchasing the optional Owner's Title Policy. As you trusted title professional, however, all of us at Arrowhead Title, Inc. are here to tell you that title insurance is essential, and it's more affordable than you think.

Lifetime Coverage for a One-Time Premium

Title insurance is not like any other form of insurance. Unlike every other type of insurance, title insurance is purchased for a one-time premium. After you pay the premium upfront, your title insurance policy will remain in effect as long as you or your heirs have a vested interest in the property.

Since title insurance only requires a one-time premium, then, you and your heirs can rest easily knowing that you will not be required to put any money towards your title insurance after your real estate transaction is complete.

Exact Price Varies on a Case-By-Case Basis

The exact cost of title insurance policies at the Lake of the Ozarks vary according to several factors. Some of these factors are regulated by the state of Missouri, such as the actual premium and the closing protection fee, but others (such as the cost of the title search and examination) vary according to the specific purchase price of your new home.

Title Insurance - The Most Affordable Insurance Available

Unlike other forms of insurance, title insurance does not...
  • Require consistent monthly payments
  • Go up in price after a claim
  • Focus on risk assumption - rather, title insurance focuses on risk prevention
For these reasons, title insurance is the most affordable type of insurance you can buy. Because it comes at such a relatively low cost, purchasing an Owner's Title Policy is one of the smartest investments you can make when you buy a new home.

If you're looking for a title insurance company at the Lake of the Ozarks, we would love to talk to you. We've been serving the Lake area for over twenty years, and we look forward to assisting you with your next real estate transaction!

The Lake of the Ozarks' Most Trusted Title Company


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