The top-rated title insurance company in Gurnee, Illinois is Chicago Title, rated 3.8 stars across 26 reviews. Other highly rated options include Near North Title Group - Gurnee IL, Fidelity National Title, First American Title Insurance Company. This directory lists 10 title insurance companys serving Gurnee.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Chicago Title | 501 North, IL-21 Ste 101 | (847) 672-4566 |
| 2 | Near North Title Group - Gurnee IL | 1800 Nations Drive Hawkston Hall Office Center I, Ste 105 | (847) 249-1200 |
| 3 | Fidelity National Title | 1800 Nations Dr Ste 209 | (847) 263-1123 |
| 4 | First American Title Insurance Company | 1800 Nations Dr Ste 221 | (847) 662-1520 |
| 5 | Greater Illinois Title Company | 501 N Riverside Dr Ste 209 | (847) 956-8885 |
| 6 | Citywide Title Corporation | 1800 Nations Dr Ste 204 | (847) 592-9225 |
| 7 | Advocus National Title Insurance Company | 1790 Nations Dr Ste 211 | — |
| 8 | Truly Title - Gurnee | 1761 N Dilleys Rd Bellewater Suites Conference Room & Suite 108-4 | (312) 488-4667 |
| 9 | First American Title - Debbie Johnson | 1800 Nations Dr Ste 221 | (847) 302-6832 |
| 10 | First American Title - Jennifer Mahoney | 1800 Nations Dr Ste 221 | (847) 980-8463 |
What Does a a Title Insurance Company in Gurnee Cost?
In Illinois, title insurance costs vary based on the property purchase price and the policy type. For a typical Gurnee home, an owner's policy may cost between 0.5% and 1.0% of the sale price. For a $300,000 home, this could range from $1,500 to $3,000. Lender's policies are often discounted if purchased with an owner's policy. Costs also include search and examination fees. This is general information and not insurance advice.
About title insurance companys in Gurnee
Title insurance companies in Gurnee IL provide essential protection for property buyers and lenders. They search public records to verify ownership and identify liens or defects. In Illinois, title insurance is regulated by the Illinois Department of Insurance and often required by lenders for mortgage transactions.
Frequently Asked Questions
What does a title insurance company do in Gurnee IL?
A title insurance company examines public records to ensure the property title is clear. It then issues a policy that protects against losses from hidden defects or claims. This process is common in Lake County real estate closings.
Is title insurance required in Illinois?
Lenders in Illinois typically require a lender's title insurance policy to protect their investment. A owner's policy is optional but recommended for buyers. Illinois law does not mandate owner's title insurance but it is standard practice in most transactions.
How long does a title search take in Gurnee?
A standard title search in Gurnee usually takes 3 to 7 business days. Complex properties or those with historical issues may take longer. The timeline depends on the availability of records at the Lake County Recorder of Deeds.
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