Colorado Title Insurance Requirements for Buyers: What You Need to Know

Introduction: Protecting Your Biggest Investment

Buying a home is one of the largest investments most people make. Many buyers in Colorado ask: “Is title insurance required, and what are the rules for buyers?”

In this blog, we’ll break down the title insurance requirements for buyers in Colorado, explain why it matters, and highlight why Jerad Larkin and Chicago Title Colorado are trusted to guide homeowners and agents across Denver, Colorado Springs, and the Front Range.

Is Title Insurance Required for Buyers in Colorado?

• Owner’s Policy: Not legally required, but highly recommended. It protects the buyer’s ownership rights for as long as they own the property.

• Lender’s Policy: Required if the buyer is financing the purchase. Lenders want assurance that their lien is valid and protected.

  
  

Why Buyers Should Always Get Title Insurance

Even if optional, an owner’s policy is critical because it protects against:

• Unpaid property taxes or liens.

• Errors in public records.

• Fraud or forged documents.

• Undisclosed heirs claiming ownership.

• Boundary or survey disputes.

Without coverage, buyers could face costly legal battles or even lose their property.

Typical Buyer Title Insurance Costs in Colorado

Since rates are regulated statewide:

• Owner’s Policy: $1,000–$2,000 depending on purchase price.

• Lender’s Policy: A few hundred dollars.

• One-Time Fee: Paid at closing, not ongoing.

  
  

Who Pays for Buyer’s Title Insurance in Colorado?

Traditionally:

• Seller pays for the Owner’s Policy.

• Buyer pays for the Lender’s Policy.

However, payment terms can be negotiated in the purchase contract.

Requirements Before Issuing Title Insurance

Before issuing policies, a Colorado title company must:

1. Complete a title search.

2. Provide a title commitment with requirements and exceptions.

3. Clear any liens, taxes, or title defects.

   
   

Why Choose Chicago Title Colorado as a Buyer

Jerad Larkin and Chicago Title Colorado provide buyers with:

• Comprehensive title searches to uncover risks.

• Clear title commitments to explain requirements.

• Secure escrow handling of buyer funds.

• Educational support to help first-time buyers understand coverage.

• National backing for financial stability.

  
  

Real-Life Examples

• A Denver buyer avoided a $20,000 lien because Chicago Title flagged it before closing.

• A Colorado Springs first-time homebuyer gained confidence after learning about title requirements in plain language.

• An agent in Boulder earned client trust by recommending an owner’s policy with Chicago Title.

  
  

Conclusion

So, what are the Colorado title insurance requirements for buyers?

While only lender’s policies are required, owner’s policies are strongly recommended to protect buyers’ ownership rights. With Jerad Larkin and Chicago Title Colorado, buyers gain peace of mind knowing their biggest investment is secure.

Questions? Contact:

Questions? Contact Jerad Larkin at Chicago Title Colorado.

📞 303.630.9430

📧 Info@MileHighTitleGuy.com

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