Colorado Title Insurance for Refinancing: Why It’s Required and How It Protects You

Jerad Larkin
Dec 26, 2025
2 min read

Introduction: Refinancing? Don’t Skip the Title Insurance

If you’re refinancing your mortgage, you might notice title insurance listed in your closing costs again - even if you already paid for it when you first bought your home. So why do you need it a second time?

Learn why title insurance is required when refinancing in Colorado. Jerad Larkin and Chicago Title Colorado explain coverage, costs, and lender requirements.

In this post, we’ll explain Colorado title insurance for refinancing, why lenders require it, how it protects you, and how Jerad Larkin and Chicago Title Colorado make the process fast, smooth, and secure.

Why Title Insurance Is Needed When Refinancing

When you refinance, you’re replacing your old loan with a new one. The lender needs assurance that the new mortgage will hold first lien position on your property - meaning no other claims or liens take priority.

That’s why lenders require a new lender’s title insurance policy with every refinance.

Even if you already have an owner’s policy, that only protects you, not the lender.

What Refinance Title Insurance Covers

Refinance title insurance protects the lender from:

Liens or judgments filed since your original purchase.
Clerical or recording errors in public records.
Unreleased prior loans or encumbrances.
Fraud or forgery involving property documents.

It ensures the lender’s new loan is properly secured and recorded.

What’s the Difference Between Purchase and Refinance Title Insurance?

Feature	Purchase Policy	Refinance Policy
Protects	Buyer + Lender	Lender only
When Used	At time of purchase	When replacing an existing mortgage
Cost	Full premium	Discounted rate (if applicable)

Because much of the title work is already completed from your initial transaction, refinance title insurance usually costs less.

How Much Does Refinance Title Insurance Cost in Colorado?

Refinance title insurance premiums in Colorado are regulated by the Division of Insurance and typically range between $200 and $500, depending on loan size and endorsements. It’s a one-time fee, paid at closing.

Can You Get a Discount on Refinance Title Insurance?

Yes - some title companies, including Chicago Title Colorado, offer reissue or refinance discounts if:

The same property was insured within the last several years.
You can provide the original title policy from your prior transaction.

These discounts can significantly lower your refinance costs.

Why Choose Chicago Title Colorado for Refinancing

Jerad Larkin and Chicago Title Colorado streamline the refinance process for homeowners and lenders by offering:

Quick turnaround times for title searches and commitments.
Discounted refinance rates where applicable.
Secure document handling and escrow services.
Transparent communication with your lender and loan officer.
Local expertise across Denver, Boulder, and Colorado Springs.

Real-Life Examples

A Denver homeowner saved $250 in fees thanks to a refinance reissue rate.
A Colorado Springs borrower closed within 48 hours of title clearance.
A Boulder lender praised Chicago Title for fast lien verification and recording.

Conclusion

Even if it seems redundant, title insurance for refinancing is essential. It protects the lender’s investment, ensures a clean title, and keeps your refinance on track.

With Jerad Larkin and Chicago Title Colorado, you’ll enjoy fast service, transparent communication, and total peace of mind.