Every property is unique, so every policy is different. Cost is based on several factors, such as the characteristics of the property, the type of financing, and the entities involved in the transaction. Unlike other forms of insurance, title insurance is paid in a single lump sum premium at closing. Premiums are based on purchase price, loan amount and any additional coverage (called endorsements) that may be included.
Rates can vary from one company to the next, and it’s important to research the accepted market rates in your locality and state. If you would like to request a quote, give us a call.