THE COST OF TITLE INSURANCE

In most states, the premium for title insurance is calculated by a rate that each title underwriter must have approved by the state’s Insurance Department. Generally, the rates are the same or very similar between underwriting companies. And, although the premium is paid only once, at settlement, title insurance continuously protects the owner or his/her heirs as long as they own the property. There are no annual renewal payments needed to keep your policy in force. Please ask your agent for a title insurance rate quote, or use the following app to get an idea of rates in Florida