Title Insurance
How Much Does Title Insurance Cost in Pocatello, Idaho?
Title Insurance Rates in Pocatello
Pocatello has a straightforward title insurance market: all five companies filing in Bannock County charge the same $3.00 per $1,000, per the Idaho DOI 2025 Filed Short Term Escrow Rates. Competition centers on service, speed, and minimum fee structures rather than per-thousand pricing.
Cost Calculation
For a $275,000 home with a $220,000 mortgage (80% LTV):
Owner’s policy: $275,000 × $3.00/1,000 = $825 + $150 base = $975
Lender’s policy: $220,000 × $3.00/1,000 = $660 + $150 base = $810
Simultaneous issue discount: -$100
Combined total: approximately $1,685
Who Pays?
Idaho custom: seller pays the owner’s policy ($975), buyer pays the lender’s policy ($710 after discount). Negotiable via the purchase agreement.
Company Comparison
Per Idaho DOI 2025 Filed Rates — all at $3.00/thousand:
For lower-priced properties, compare minimums — they range from $300 to $400.
Discounts Available
Simultaneous issue: $100 off when both policies are issued together.
Reissue: Up to 40% off the owner’s premium if the property was insured within two years (per IDAPA 18.05.01.013, max 50%). Prior policy proof required.
Enhanced vs. standard: Enhanced (ALTA Homeowner’s) costs ~10% more. Standard is sufficient for most residential transactions.
Fact-checked by TitleThrive Editorial
Sources & Citations
- Idaho Department of Insurance — 2025 Filed Short Term Escrow Rates, Bannock County
- IDAPA 18.05.01.013 — Premium Rates and Their Application
Rates and fees referenced in this article are based on data filed with the applicable state department of insurance. Filed rates are subject to change. This content is for educational purposes and does not constitute a title insurance quote, legal advice, or financial advice. Contact a licensed title company for current rates specific to your transaction. Learn about our editorial standards.
Frequently Asked Questions
How much is title insurance on a $275,000 home in Pocatello?
Owner's policy: approximately $975 ($825 + $150 base). Lender's policy: approximately $710 (after $100 simultaneous issue discount). Combined: about $1,685. All five Bannock County companies charge $3.00/thousand.
Why is Pocatello title insurance cheaper than Boise?
Two reasons: lower home prices mean lower absolute premiums, and all Pocatello companies charge $3.00/thousand versus Boise's $3.00–$3.50 range. The rate structure is simpler — no premium-tier companies in Bannock County.
What is the reissue discount in Idaho?
Under IDAPA 18.05.01.013, insurers may offer a reissue rate of not less than 50% of the basic rate when a prior owner's policy was issued within two years. Most companies offer 40%. The prior policy or proof of issuance must be presented.
